Finance
Shinhan Bank joins Project Hangang phase 2
Shinhan Bank said on Tuesday it will join the second phase of the Bank of Korea’s digital currency pilot, Project Hangang, to expand the use of deposit token-based payment services across everyday life. The phase aims to test the commercial viability of a digital currency payment infrastructure by enabling customers to use deposit tokens in real settings and by enhancing functions such as person-to-person transfers, interest payments and automatic conversion.
