Hanbitco just announced a blockchain technology partnership with Blue Helix.
Hanbitco known to be the most secure and trustable exchange in Korea has started to target their partners and customers toward global markets. They are currently known to have a fixed income program called ‘Bulldax’. Which gives an annual interest up to 10% using major coins such as BTC, ETH, EOS, XRP and USDT. They are also planning to launch their own wallet service ‘Frooto’ with the Korean Won (KRW) market. Hanbitco is consisted with 3 major teams (Core team, financial experts, and security experts). The core team members originates from the first Korean exchange -Korbit. Hanbitco’s financial experts originates from Merrill lynch, JP Morgan, and more universal finance companies. And lastly security experts are from diverse back round’s such as the Korean Air force and other ubiquitous financal companies.
On the other hand, Blue Helix is a fin tech company that provides decentralized financial services (DeFi). They focus on fast and easy financial transactions and safe digital asset management based on cloud blockchain. James State, who served as vice president of fin tech Company XYF established Blue Helix in Singapore, 2018.The founding members included experienced workers from Huobi, Google, AliBaba and so much more. They are expanding their business in Seoul and other major cities including Singapore, Beijing, Bangkok and New York.
The two companies will engage in technical cooperation with the aim of making inroads into the global market. Blue Helix offered blockchain technology for Hanbitco’s global expansion. In addition, the company is providing solutions based on the technologies of decentralized private key management and decentralized custodians to blockchain companies and users.And in favor, as Blue Helix Korea was founded recently, Hanbitco will help them settle down in the Korean market.
The cooperation between the two companies is a declaration that Blue Helix will start actively pushing the technical cooperation in Korea, and Hanbitco will do the same in the Global market. Together they will secure strategic partners and expand the horizons of blockchain technology.
Experts involved in the blockchain industry stated
“Kim Sunga, CEO of Hanbitco and Chairwoman of the Exchange Commission of the Korean Blockchain Association (KBA) is leading the regulatory adoption of crypto asset’s legislation in Korea. We are looking forward to the legalizations that KimSunga is guiding Korea. this issue and hope for the best results.”
Other experts also stated
“ The two companies that each represent best security and best technology are collaborating. And it sure is something to look forward too.”
