South Korea: LG U+ to Offer Blockchain-based Overseas Payment Service

The Korea Times

LG Uplus has joined with global partners in Japan, Taiwan and the United States to offer subscribers a blockchain-based overseas payment service, the Korean mobile carrier said Sunday. The trial service, scheduled to start early next year, is based on a cross-carrier blockchain platform called CCPS (cross-carrier payment system), enabling subscribers from one carrier to complete purchase transactions on the payment networks of another carrier.

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