Blockchaintoday
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Nov 7, 2024
Darwin KS and Zeitgeist Foundation Sign Strategic Partnership to Enhance the Web3 Financial Ecosystem
On the 7th, Darwin KS Co., Ltd. (CEO: Lee Jong-myung) announced that it has signed a strategic partnership with the global blockchain specialist foundation Zeitgeist to foster and expand the Web3 ecosystem.
Through this partnership, Darwin KS and the Zeitgeist Foundation will collaborate on various business fronts, including technical support, content provision, marketing, and sales. Together, they aim to energize the Web3 ecosystem that will drive the future growth of the blockchain-based financial industry.
Darwin KS is a fintech company that integrates blockchain with AI-based fintech technologies, having developed the DTM & QR Pay platform. The DTM (Digital ATM) service offers direct foreign currency exchange (covering 85 types of currencies from 16 countries) for international tourists visiting Korea. Additionally, it provides the issuance and recharging services for the "DTK (Dpec Travel Korea)" prepaid card in partnership with Kona Card, supporting payments and transportation functionalities. Recently, Darwin KS introduced the Crypto ATM (CTM), combining cryptocurrency with DTM, enhancing convenience through foreign exchange capabilities and global customer support, while delivering innovative financial services powered by blockchain technology.
The Zeitgeist Foundation operates the GEM protocol, which addresses issues related to market inflation and currency volatility. The GEM project, based on the MOVE programming language, is designed to mitigate sudden value declines by adjusting value based on cost-of-living indexes, even in volatile markets. This approach provides inflation resistance, promotes user participation, and presents a new paradigm for the digital economy.
Darwin KS CEO Lee Jong-myung stated, "This partnership will contribute to improving practical user experiences with Web3 financial platforms. We aim to lead the development of financial solutions that guarantee seamless and borderless payment and transaction experiences for everyone."
The Zeitgeist Foundation remarked, "With the goal of expanding the Web3 ecosystem and global economic networks, we have been collaborating with the Aptos Foundation and blockchain specialist company Blocko since January this year. Through this partnership, we will ensure that global users can more easily experience Web3 finance."
Written by: Blockchaintoday editorial team
