Toss to partner with KOMSCO on blockchain payment infrastructure

Toss is partnering with the Korea Minting and Security Printing Corporation (KOMSCO) to build a blockchain-based payment infrastructure, Yonhap News reported. The two companies will first link their payment infrastructures to improve the user experience and will jointly explore the application of new payment methods. In the medium to long term, they also plan to jointly pursue pilot projects using token-based payment methods such as deposit tokens and stablecoins.