Ringnet Makes Full-Scale Entry into the Web3 Infrastructure Market

Ringnet, an IT infrastructure specialist, announced on December 17 that it has signed an agreement to participate as a mainnet validator with BEATOZ, a next-generation enterprise blockchain developer.

This agreement marks Ringnet's participation as a key validator for BEATOZ, the core technology partner of the Busan Digital Asset Exchange (BDAN), Korea’s first decentralized digital asset exchange. Strategically, this move signifies Ringnet’s proactive entry into the technology ecosystem of the stablecoin market, which is expected to experience explosive growth in the future.

This partnership represents a significant first step for Ringnet to evolve beyond a network integration (NI) company and become a 'Web3 infrastructure solutions provider' that builds and operates new infrastructure.

Ringnet plans to maximize synergy by leveraging its more than 20 years of expertise in building and operating large-scale infrastructure in both the private and public sectors and applying this know-how to its blockchain validator business. The company is expected to expand into high value-added businesses such as: ▲ building regulatory-compliant nodes for financial institutions ▲ introducing token-based payment systems for enterprises ▲ providing consulting on tokenized assets.

Lee Jeongmin, CEO of Ringnet, stated, "Our participation as a BEATOZ validator is a key strategic investment to establish ourselves as a core infrastructure partner in the digital asset market, which will become the foundation of future finance." He emphasized, "Based on the stability of our existing business and our high level of technical expertise, we will secure new growth engines and ultimately enhance Ringnet’s corporate value."

Ringnet will participate in 'Blockchain Week in Busan 2025' on December 22, where it will present on 'Web3 Financial Infrastructure Innovation Connecting Cities and Digital Assets' and share its vision for the digital asset market and its partnership with BEATOZ.

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