- Travelers and K-culture enthusiasts visiting Korea can use Kaia USDT deposits to withdraw cash in 85 legal currencies from 15 countries or issue prepaid transit cards.
- Located in the country’s seven hotspots, DTMS employs Dawinks’ trustworthy true passport scanning technology used by immigrants at airports in Korea to ensure fast and reliable transactions.
The Kaia DLT Foundation (Kaia) has announced that Dawinks, a blockchain-based Fintech Company, will support USDT published by Kaia at digital ATMs (DTMs) located at major travel spots in Korea. To directly address travelers and K-culture enthusiasts heading to this country, this offline on/off ramp service allows cash withdrawals from Kaia USDT deposits in real world currency or issue prepaid transit cards.
Dawinks ATM completes onsite KYC
DTMS features KYC methods based on Dawinks passport and face scan authentication solutions used in airport immigrants in Korea. After completing the KYC and scanbarcodes and QR codes, users can withdraw digital assets in 85 legal currencies from 15 countries and issue prepaid cards. The remaining cash can also be exchanged for US dollars when you leave the country. Digital assets are converted into actual currency based on daily exchange rates.
Kaia USDT-enabled DTMs are available in seven important locations in Korea: Nseoul Tower, Homeplus (Hapjeong and Centumcity), Lotte Mart (Gwangbok), Lifework Mega Store Myeongdong, Myeongdong Money Club and Namdaemun Exchange Café. The service is expanding to Major Lotte Mart branches nationwide.1 The service is currently only available to foreigners, but domestic consumers will also be able to access it within the year.
Kaia expands the ease of use of Stablecoins
Since the end of last year, DTMS has supported three types of digital assets: three types of digital assets. In addition to supporting native Kaia USDT, both companies are also working to add $KAIA to the service boundaries of DTM.
“Dawinks expands the usability of Stablecoins based on our experience with a range of fintech services, from currency exchanges to cryptocurrency ATMs and QR payments,” said Jong-Myeong Lee, CEO of Dawinks. “The collaboration with Kaia, which partners with major Web3 and fintech companies such as Tethers and Lines, will greatly help DTM’s global expansion to expand the practical ease of use of Stablecoins across Asia.”
Dawinks operates a digital ATM that provides direct foreign currency exchange, tax refunds (city refunds) and international remittance (customer) services for 89 legal currencies in 17 countries through ID (self-verification) fintech technology.
In particular, Dawinks offers a variety of conveniences to foreign tourists through its proprietary digital ATM (DTM), Crypto ATM (CTM), QR Pay and POS, Passport Scanner, and other advanced blockchain-based FinTech services. These services operate face-to-face digital ATM foreign exchange services in major domestic commercial districts, providing prepaid shipping card (Kona DTK card) services globally tax-free with Kona and Tax Refund Services, further enhancing the convenience of foreign users.
“The collaboration with Dawinks marks an important milestone in expanding the real-world use cases of Kaia Network’s native USDT and local Stablecoins, which will be launched on Kaia Network, internationally.”
Kaia is a high-performance public blockchain that brings Web3 to hundreds of millions of fingertips across Asia. Kaia was formed by the merger of Klaytn and Finschia blockchains, originally developed by Kacao and Line, and Kaia is Asia’s largest Web3 ecosystem integrated with Cacao Talk and Line Messenger, with a user base combined with a combined user base of over 250 million people. Ecosystem. For more information, please visit www.kaia.io.
