The NEM Foundation announced today that Korean fintech company Metaps Plus will adopt NEM’s P2P blockchain technology into its existing payment infrastructure.
Additionally, NEM will also collaborate with Metaps Plus on the launch of its digital currency exchange, CoinRoom, which will be the first Korean exchange to list XEM beginning November 11th, 2017.
Seoul-based Metaps Plus, a member of the Enterprise Ethereum Alliance (EEA) is a leading mobile marketing platform developer with over $10 million USD in transactions per year and is keen to integrate NEM’s solutions to usher in more efficient, seamless payment processes.
NEM is on the move with consecutive days of positive news, today’s announcement follows on the heels of Shapeshift listing XEM.
The companies also plan to collaborate to integrate NEM’s API technology into Metaps Plus and its current operations.
“Interest in blockchain and cryptocurrency is skyrocketing in Korea, and it will continue to grow as one of the industry’s leading markets. NEM plans to establish a strong presence in Korea, and partnering with such a well respected and established partner at Metaps is a major step forward in that mission.”
Last month, Japan’s Tech Bureau Inc. blockchain company also partnered with Metaps Plus to list the COMSA token on the new Coinroom exchange. In return, Tech Beaurau owned exchange Zaif, which just received their Japan cryptocurrency exchange license approval will list Metaps’ PlusCoin.
Metaps Plus recently introduced its Ethereum-based token, PlusCoin (PLC), which has raised over 32,000 ETH in an ongoing ICO.
“NEM is one of the most experienced companies in the industry, and a perfect partner to help us leverage blockchain technology to its fullest potential in Korea. Through this partnership, we look forward to listing XEM on CoinRoom and implementing forward-thinking blockchain solutions.”