Dunamu, Hana Financial, POSCO Int'l to build on GIWA Chain

Dunamu announced that it has signed a memorandum of understanding (MOU) with Hana Financial Group and POSCO International to foster innovation by converging finance, digital assets, and industry. The core of the agreement is to connect Dunamu's Layer 2 blockchain, GIWA Chain, with Hana Financial Group's foreign exchange network and POSCO International's global supply chain for application in real-world fund flows. The three companies plan to collaborate on building a real-time overseas remittance service on GIWA Chain, establishing financial infrastructure for efficient global fund management and payment settlements, and identifying new opportunities in digital finance. They also intend to continue technical verification for transitioning from the existing Society for Worldwide Interbank Financial Telecommunication (SWIFT) network to the GIWA Chain blockchain.