BKC&C Partners with DSRV to Build Digital Token Platform

Establishing Infrastructure for Digital Token Operations

BKC&C announced on November 18 that it has begun building a platform in collaboration with blockchain company DSRV to support the digital tokenization of domestic prepaid and point service providers.

Through this agreement, the two companies plan to establish infrastructure that will enable prepaid electronic payment and point service providers to issue and manage digital tokens securely, thereby driving innovation in the domestic digital payment and distribution ecosystem. BKC&C, an affiliate of Korea Culture Promotion, issues Cultureland gift certificates and has launched the CultureToken, which can be converted 1:1 with the prepaid electronic payment method CultureCash.

BKC&C is currently building a prepaid alliance ecosystem centered around the CultureToken. In this project, DSRV is responsible for designing the digital token infrastructure and developing the technology for token issuance and management. The CultureToken is a stable utility prepaid token issued based on cash deposits, and the company plans to comply with relevant laws to ensure consumer protection and legal compliance.

BKC&C will gradually expand its services in line with future government policy directions and the legislative schedule for the Basic Digital Asset Act.

A BKC&C representative stated, "This collaboration with DSRV will mark the first step for the domestic prepaid and point industry to transition to blockchain infrastructure," adding, "We aim to build a domestically tailored digital token platform led by the private sector that is both technologically stable and aligned with government policy directions." The representative also noted, "For now, there are no plans to enable exchanges with virtual assets or overseas transactions."

A DSRV representative commented, "This collaboration will serve as a leading example of how blockchain technology can enhance the efficiency and innovation of the domestic prepaid and point payment ecosystem. We will actively provide technical support to ensure that prepaid payments can be operated stably even in the Web3 environment."

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