Bitoz and Hana Financial TI Collaborate to Develop Concrete Digital Asset Business Models

Accelerating the Creation of a Complete Ecosystem
from Issuance to Circulation through the Integration
of Blockchain Infrastructure and Financial IT

Bitoz, a blockchain technology company, announced on March 9 that it has signed a memorandum of understanding (MOU) with Hana Financial TI for “technology cooperation in digital asset-related businesses” at the Hana Financial Group Integrated Data Center.

This agreement aims to establish a collaborative framework between the two companies for digital asset technology cooperation and to effectively respond to the rapidly changing digital finance environment. Both parties plan to maximize synergy by dividing specific roles for the advancement of technology in the digital asset sector.

Under the agreement, Bitoz will be responsible for researching technologies related to blockchain infrastructure and conducting research on new technologies in the digital asset field, delving deeply into the foundational technologies needed to build the ecosystem. Hana Financial TI will share its direction for digital asset-related business and technology development with Bitoz and will collaborate to ensure that the research outcomes are organically aligned with business models in the actual financial field.

Park Geunyoung, CEO of Hana Financial TI, stated, “This agreement is a meaningful opportunity where our accumulated expertise in financial IT meets innovative blockchain technology. Through close technical exchanges with Bitoz, we will accelerate Hana Financial Group’s digital finance transformation and lay a safer and more convenient foundation for digital asset services.”

Lee Sangguk, CEO of Bitoz, emphasized, “The partnership with Hana Financial TI marks an important turning point where Bitoz’s regulatory-friendly blockchain technology can create real synergy with the mainstream financial sector. Based on Bitoz’s differentiated technology and global network, we will do our utmost to help Hana Financial Group’s digital asset ecosystem become a global standard.”

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