Hancom Launches Mobile Gold Trading 'Arowana Digital Gold Voucher' View original image


[Asia Economy Reporter Buaeri] Hancom Group has pre-launched the 'Arowana Digital Gold Voucher Service' on the 3rd, allowing users to easily and conveniently buy and sell gold digitally.


The 'Arowana Digital Gold Voucher Service,' which issues vouchers through a blockchain-based platform, enables users to buy and sell gold simply and affordably via a mobile app.


Gold vouchers can be purchased with cash through Hancom Pay. Those who own physical gold can also easily exchange their gold for 'Gold Vouchers.' By trading gold through gold vouchers that substitute physical gold, the value-added tax imposed on physical gold transactions has been eliminated. The transaction fee rate has also been lowered to reduce additional costs for users.


Hancom Group plans to transform the gold trading process into an online-centered system starting with the 'Arowana Gold Voucher Service,' aiming to open up a popular gold distribution market.


The 'Arowana Digital Gold Voucher Service' will begin beta service on Android starting on the 30th. After the beta service, improvements will be made before the official launch. The official service will include purchasing gold vouchers through Arowana Token and a service to exchange gold vouchers back into physical gold.


Since Hancom Group is also pursuing registration as a virtual asset service provider in September, after transitioning to a virtual asset service provider, various financial products based on gold, such as short-term deposit products for gold vouchers and loan products secured by gold vouchers, will be added within the year.



A Hancom Group official stated, "We aim to innovate the gold distribution market through popularization and rationalization of gold trading," adding, "We are accelerating the development of the remaining services among the six major services disclosed in the Arowana Token whitepaper, and we will soon announce detailed new operational plans of the Arowana Foundation to enable various Hancom Group platforms to create synergy with Arowana Token."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing