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Hana Financial, Dunamu and POSCO International to cooperate on blockchain overseas remittances

Hana Financial Group, Dunamu and POSCO International signed a three-way memorandum of understanding on April 29 to develop an overseas remittance service by combining finance, industry and digital assets. The partners aim to develop a blockchain-based real-time overseas remittance service and verify its effectiveness in an environment where funds actually move. They plan cooperation on building the service, improving efficiency in global cash management and payments, and identifying digital finance business opportunities.