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#avax
🇰🇷 South Korean payment giant NHN KCP is launching a Layer 1 blockchain based on Avalanche technology.
The network will focus on real payments: transactions – faster than one second, data – encrypted on the blockchain, and businesses will be provided with a flexible infrastructure for their specific needs.
The project partner is Ava Labs. The companies are also exploring new areas: tokenized deposits, settlements in multiple stablecoins, and cross-border transfers.