Press Vaisen Registers Korea's First Patent for 'Blockchain-Based QR Card'
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Date 26-06-18
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Vaisen (CEO Jin-hwan Park), a blockchain mainnet technology company, has completed the registration of a patent application related to a purely blockchain-based QR card, marking the first such achievement in Korea.
According to Vaisen on the 1st, this patent contains core technologies capable of implementing the entire process of financial transactions on the blockchain, including token issuance, operation, POS payment processing, and blockchain-encrypted withdrawals.
Vaisen's QR card is garnering attention as an innovative financial access solution for digitally marginalized groups, such as the elderly and people with disabilities, who are unfamiliar with using existing payment apps or e-wallet apps. Users can make secure blockchain-based payments simply by presenting the QR card, without the need for separate app installations or complex wallet connections.
Vaisen CEO Jin-hwan Park emphasized, "This patent is a practical solution that can extend blockchain technology to those with low financial accessibility. By providing both the security of cryptocurrency and the convenience of physical payments, it will be able to resolve blind spots in the existing financial infrastructure." With this patent application, Vaisen has formalized Korea's first unique model that directly links blockchain technology to real-life payments.
This is evaluated as marking a turning point where blockchain can be utilized in everyday payment, withdrawal, and consumption activities, going beyond a mere means of digital asset investment.
As a company possessing proprietary blockchain mainnet technology, Vaisen is developing blockchain infrastructure applicable across various fields, including finance, commerce, gaming, STOs, and RWAs. It is characterized by securing stability and scalability by building an independent mainnet without relying on external chains such as Ethereum or Solana.
Vaisen has already acquired two mainnet patents regarding its unique blockchain structure and consensus algorithm, demonstrating its technological competitiveness as a blockchain operating system (OS) that goes beyond the level of simple token issuance.
Furthermore, the company is pursuing business expansion in the global market by strengthening its brand identity through the application for trademark rights for Korean Won stablecoins (including VSKRW, VCKRW, VPKRW, and over 30 rights for five other types). Reporter Choi Moon-seok city@gjdream.com
Source: Dream Today (http://www.gjdream.com)
According to Vaisen on the 1st, this patent contains core technologies capable of implementing the entire process of financial transactions on the blockchain, including token issuance, operation, POS payment processing, and blockchain-encrypted withdrawals.
Vaisen's QR card is garnering attention as an innovative financial access solution for digitally marginalized groups, such as the elderly and people with disabilities, who are unfamiliar with using existing payment apps or e-wallet apps. Users can make secure blockchain-based payments simply by presenting the QR card, without the need for separate app installations or complex wallet connections.
Vaisen CEO Jin-hwan Park emphasized, "This patent is a practical solution that can extend blockchain technology to those with low financial accessibility. By providing both the security of cryptocurrency and the convenience of physical payments, it will be able to resolve blind spots in the existing financial infrastructure." With this patent application, Vaisen has formalized Korea's first unique model that directly links blockchain technology to real-life payments.
This is evaluated as marking a turning point where blockchain can be utilized in everyday payment, withdrawal, and consumption activities, going beyond a mere means of digital asset investment.
As a company possessing proprietary blockchain mainnet technology, Vaisen is developing blockchain infrastructure applicable across various fields, including finance, commerce, gaming, STOs, and RWAs. It is characterized by securing stability and scalability by building an independent mainnet without relying on external chains such as Ethereum or Solana.
Vaisen has already acquired two mainnet patents regarding its unique blockchain structure and consensus algorithm, demonstrating its technological competitiveness as a blockchain operating system (OS) that goes beyond the level of simple token issuance.
Furthermore, the company is pursuing business expansion in the global market by strengthening its brand identity through the application for trademark rights for Korean Won stablecoins (including VSKRW, VCKRW, VPKRW, and over 30 rights for five other types). Reporter Choi Moon-seok city@gjdream.com
Source: Dream Today (http://www.gjdream.com)