MicroBitcoin Open Source Community Signs an Exclusive Contract with the Korea Association of Care Workers (KACW) to Expand its Usability to One and a Half Million Users

Stocks and Financial Services Press Releases Friday September 21, 2018 07:57
SINGAPORE--21 Sep--PRNewswire/InfoQuest
The MicroBitcoin Open Source Community has signed a contract with Korea Association of Care Workers (KACW) to adapt the MicroBitcoin blockchain network protocol.
The trilateral contract was made between the MicroBitcoin Open Source Community, the Korea Association of Care Workers, and a technology consultant - Bluequotient.

The contract entails 1.5 million care workers who are certified to download and use the MicroBitcoin Wallet and make payments using MicroBitcoin which will be available via their care portal that handles all long-term care with about 6,000 sanatoriums.

Furthermore, fees for agents and store purchases from the KACW portal will be payable in MicroBitcoin.

In the KACW ecosystem, MicroBitcoin will be available to their 1.5million certified care workers, 25,000 care portals, around 12,000 sanatoriums, Smart New Media Press Association, Korean Beauty Federation Association, Professional Economic Person Societies, Korea internet newspaper broadcasting association, Korea Care News and more.

"As a step towards MicroBitcoin's use in the real economy, it's expected to be a use case that improves the rights and interests of Korean care workers and services which will run transparently by adapting blockchain technology for the welfare of the aged population in Korea, which is becoming an aging society," said MicroBitcoin Open Source Community.

MicroBitcoin is a Bitcoin hard fork cryptocurrency and has recently been listed on an international cryptocurrency exchange, 'BitOnBay', ranked in 40th with worldwide exchange volume for the first time on September 20, 2018.

Photo - https://photos.prnasia.com/prnh/20180913/2233895-1
Caption - MicroBitcoin Opensource community Korea

Latest Press Release

NEXT BLOCK ASIA Beyond Crypto

NEXT BLOCK ASIA + Fabulous Bangkok After-Party Bangkok, Thailand will host the 2-day NEXT BLOCK ASIA "Beyond Crypto" by Krypton Events and CoinAdvice on 25-26 June 2019 at the W Hotel. The conference will bring together experts from CRYPTO and BEYOND,...

Photo Release: EXIM Thailand Visits Deputy Governor of State Bank of Vietnam To Discuss Thai Investment Prospects in Vietnam

Mrs. Warangkana Wongkhaluang (second left), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently paid a visit to Mr. Doan Thai Son (center), Deputy Governor of State Bank of Vietnam in Hanoi to discuss monetary...

Photo Release: EXIM Thailand Visits Thai Ambassador to Hanoi Discussing Ways to Promote Thai-Vietnamese Trade and Investment

Mrs. Warangkana Wongkhaluang (second left), Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), recently paid a courtesy visit to His Excellency Mr. Tanee Sangrat (center), Ambassador of Thailand to Vietnam and Miss...

TMB re-affirms its leadership position in the Thai banking industry by launching the first ever Multi Currency Account in Thailand allowing exporters to manage six major currencies in one account

TMB continues to develop digital solutions that truly meet customer's need, creating positive changes to customer's life, along with its Make THE Difference philosophy, to re-affirm its market leadership position. TMB today becomes the first bank in...

Fitch Rates EXIM#s USD300 Million Senior Notes Final #BBB+#

Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB+/Stable) USD300 million five-year senior unsecured notes a final rating of 'BBB+'. The notes were issued under the bank's USD1.5 billion medium-term note (MTN) programme. The...

Related Topics