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SOOHO.IO - KOMSCO Sign MOU for Digital Payment Innovation

Aug 7, 2025

Author: Team SOOHO.IO

Hello, this is SOOHO.IO.


Today, we would like to share with you some significant news. On August 1st, SOOHO.IO signed a 'Memorandum of Understanding (MOU) for Digital Transformation Cooperation' with the Korea Minting and Security Printing Corporation.




A Better Payment Experience for Tourists


Through this agreement, we aim to address the payment inconveniences faced by tourists visiting Korea. Our goal is to create an environment where financial services can be used conveniently without language barriers or the hassle of currency exchange.


The two organizations are planning to cooperate in the following areas:

  • Joint Development of Digital Identity Verification and PBM Payment Platform: We will create an innovative platform where foreign tourists can make payments easily and securely.

  • Expansion of Digital Transformation Practices at Home and Abroad: We will jointly participate in government projects to expand actual use cases of digital finance.

  • Development of Next-Generation Digital Gift Card Platform: We will work together to develop a future-oriented digital gift card system.



Creating Digital Financial Innovations Together


SOOHO.IO's CEO, Jisu Park stated, "Collaboration with the Korea Minting and Security Printing Corporation will be a strong starting point for digital financial innovation," adding, "We will build world-class digital payment infrastructure and create changes that foreign tourists can feel."


Seongmin Han, the ICT Director of the Korea Minting and Security Printing Corporation, also expressed expectations for the collaboration between the two organizations, stating, "We will work together to provide a convenient digital identity verification and payment environment for various users, including tourists visiting Korea."



The Path of SOOHO.IO


Since our establishment in 2019, SOOHO.IO has been protecting over 3.2 trillion won worth of digital assets securely with blockchain security technology. Particularly, we have been recognized for our technological capabilities by participating in the Bank of Korea's CBDC digital voucher project and are the only company in Korea to have received investment from ConsenSys, founded by Ethereum co-founder Joseph Lubin.


Our key products are also steadily evolving:

  • Touchstone: A consortium blockchain infrastructure for financial institutions that supports the secure issuance and circulation of digital assets.

  • Purplace: We provide innovative financial services by implementing programmable digital currency that can impose conditions on payments.



Toward a Better Future


This agreement with the Korea Minting and Security Printing Corporation is a meaningful first step in painting the future of digital finance in Korea, going beyond a simple business partnership for us. Going forward, SOOHO.IO will do our best to create safer and more convenient financial services through blockchain technology.


Thank you for watching our journey and for your support.



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