Danal Obtains Patent for Virtual Asset-Linked Payment... "Accelerating Domestic and International Services" View original image

Danal announced on the 26th that it has completed a patent application related to virtual asset-linked payments and will work to activate services domestically and internationally.


Danal recently completed a patent application for a "payment service server and its operation method that supports product purchases using virtual assets by linking with POS terminals equipped at offline merchants." The patent is guaranteed for 20 years, during which other companies cannot launch similar services.


This patent involves a method where, upon product payment, virtual assets are sold on a virtual asset exchange and the funds are transferred to the customer's real-name account. The core technology includes trading linkage through the exchange and improved payment processing speed. Above all, it is explained that this patent is the only method applicable to real-world payments using virtual assets in the domestic market.


Based on this patent, Danal plans to develop a payment system utilizing virtual assets. As the stablecoin-related industry is gaining attention overseas recently, the company also plans to provide new payment solutions applying this technology in the future.



A Danal representative stated, "The core of this patent is to provide a safer and more convenient payment experience through efficient linkage with exchanges," adding, "We will continue to offer new and useful financial services to both consumers and merchants based on our owned technology."


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

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