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Block Odyssey and OpusM Sign MOU for Joint Business in Financial and Public Blockchains
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Summarized by durumis AI
- Block Odyssey, a blockchain-based new financial infrastructure company, has signed a strategic business agreement with OpusM, a blockchain middleware solution company.
- The two companies have agreed to cooperate in joint business promotion, technology research and development, and infrastructure sharing to spread blockchain infrastructure for financial institutions and public agencies.
- Block Odyssey will provide service-type blockchain wallets, multi-asset STO platforms, and trading platforms to financial institutions, and OpusM will develop its blockchain middleware solution, "Ledger Master," to create synergy effects based on each company's expertise.
Block Odyssey's New Financial Infrastructure Products and OpusM's Blockchain Middleware Synergy, Comprehensive Business Cooperation
Block Odyssey, a blockchain new financial infrastructure company, announced on the 10th that it has signed a strategic partnership with OpusM, a blockchain middleware solution company, to expand blockchain infrastructure for financial institutions and public agencies.
The signing ceremony was attended by Hwang Hak-sun, CEO of Block Odyssey, and Lee Jin-seok, CEO of OpusM. The two companies agreed to actively cooperate in △joint business promotion for financial institutions and public agencies, △joint research and development of blockchain technology, and △sharing of physical and human infrastructure.
Block Odyssey develops and supplies service-type blockchain wallets, multi-asset STO platforms, and algorithm-based institutional trading platforms for financial institutions and companies. It has proven its technological prowess and know-how by successfully carrying out blockchain technology projects for major financial institutions such as KB Kookmin Bank, NH Nonghyup Bank, Shinhan Card, and Korea Investment & Securities.
Furthermore, it was selected as one of the '2024 Asia-Pacific High-Growth Companies' by the Financial Times (FT) last month, demonstrating its high growth potential.
OpusM has developed a middleware solution called 'LedgerMaster' that securely distributes data management, payment processing, and supply chain management on the blockchain, and solves various problems of blockchain as a data management system. Based on this, it has secured major clients such as OK Financial Group, SK Telecom, Donghaengbokwon, and Borame Hospital.
It is expected that the two companies will be able to spread blockchain services more efficiently by actively sharing their physical and human infrastructure, products and solutions, and jointly exploring businesses for financial institutions and public agencies.
Blockchain financial infrastructure development projects for major financial institutions are large-scale projects that combine a wide range of technological elements, including distributed ledger construction, smart contract development and verification, internal control and security requirements satisfaction, privacy protection, and legacy system integration. The two companies plan to lead the blockchain-based new financial market through STO, RWA, custody, trading, etc., through this business agreement.
Hwang Hak-sun, CEO of Block Odyssey, said, "Through this MOU with OpusM, which develops a proven blockchain middleware that can be used immediately by financial institutions and companies, we have laid an important foundation for expanding our blockchain new financial infrastructure business." He added, "We will create synergy with Block Odyssey's wallet, STO, and trading platforms to help customers enjoy the benefits of blockchain technology more."
Lee Jin-seok, CEO of OpusM, said, "Through this MOU, we have been able to explore new financial businesses based on blockchain, which are becoming mainstream in the global environment." He added, "As the overall size of the blockchain business is growing, we have been able to aggressively pursue businesses with a reliable partner who can lead large-scale businesses."
Block Odyssey Introduction
Block Odyssey is a leading Korean blockchain technology startup that provides new financial infrastructure for financial institutions and corporate clients. Its main products include △service-type blockchain wallets, △multi-asset STO platforms, △algorithm-based digital asset trading platforms, and △NFT issuance solutions. Block Odyssey, which has accumulated unrivaled technical expertise through projects for major financial institutions such as KB Kookmin Bank, NH Nonghyup Bank, Shinhan Card, and Korea Investment & Securities, is building an environment where various digital assets can be created, managed, and traded.
Website: http://www.blockodyssey.io
Contact
Block Odyssey
CorpDev 2 Team
Lee Gye-hwan, Team Leader
02-2088-6042
