[Blockchain Today Reporter Park Yohan] The International Brainsports Association of the UK’s ICOC’s Korean branch made a strategic alliance with Darwin KS, which has ATM blockchain technology that enables non-face-to-face remittance and currency exchange. Go, chess, shogi, bridge, mahjong, hold’em, They decided to help them advance overseas by holding international competitions in 10 sports such as billiards and screen golf.
In 2021, the ICOC of the UK established international brain sports associations in 25 countries including India, Japan, the United States, Taiwan, and Malaysia, and held an international competition every October. He announced that he would apply Darwin KS’s various technologies to athletes for players from all over the world participating in the selection.
In particular, the founder of ICOC Stanley Segal said that Darwin’s proven technology is enough to illuminate a new era abroad, and fintech technology for more efficient and inexpensive global remittance and currency exchange plays a very important role in the growth of international brain sports competitions. He said he would do.
Darwin KS provides the world’s first KYC and AML functions by interlocking with the DPEC (Digital Payment Exchange Currency) platform developed based on blockchain fintech for payment, settlement, remittance, currency exchange, and charging of digital (crypto) money. It is a company that develops and supplies face-to-face DIGITAL ATM (brand name: DTM/Digital crypto Teller Machine) and POS (QR Pay).
Today, there are 14,554 Bitcoin ATMs in 71 countries. Among them, the U.S. has 12,225 units and most of the 50 states are operating, followed by the U.S. and Europe, including 1,155 Canada, 242 in the United Kingdom, 147 in Austria, and 118 in Spain, and the remaining 5% in Asia and the Middle East. Operating. Korea is currently 0.
ATMs, which had been operated mainly in the US, were operated as an anonymous transaction bidirectional (deposit, withdrawal) service, which is the basic concept of Bitcoin. There was no need for an identification device to implement the KYC (Know Your Customer/Identity Verification) function. A related law is being made to mandate the function of preventing laundry.
Korea is also faithfully implementing it, and on March 25th, the special payment law for cryptographic asset business operators (exchanges) comes into effect.
Darwin KS has developed and developed technologies related to ID card, passport forgery, and adult authentication for the past 16 years. Technology is recognized, and over the past three years, it has developed a platform for realizing payment, settlement, remittance, currency exchange, and charging based on blockchain, completing ATM and POS that will implement digital (crypto) financial services.
It should be noted that during the development of ATM and POS, the future of cryptocurrency transactions was predicted, and scanners and programs with KYC and AML functions were fused and solutionized. In addition, since last year, AI facial recognition function was developed, added to the existing KYC engine, and advanced KYC function implementation was completed. Digital ATM exports can be expected.
Darwin KS is a combination of digital ATM, POS technology, ID card and passport scanner (combo scanner).
It is actively receiving love calls in overseas markets such as the US, Philippines, Vietnam, CIS, Cambodia, India, and Nicaragua.
In particular, in March last year, a supply contract was signed with CARUNA RL, a government financial institution in Nicaragua, for the supply of digital ATMs and ERP solutions. However, although the penetration rate of credit cards is low and the spread of ATMs is low, the equipment in operation is obsolete and needs to be replaced.
Cash is used for payment and settlement at all small business stores, but the introduction of non-face-to-face digital financial services is urgently needed due to the addition of the COVID-19 pendemic. At a meeting with a local company, we were able to confirm the possibility of developing and supplying a new blockchain-based ATM that can also use electronic money.
Meanwhile, Darwin KS acquired 5 related patent registrations to supply blockchain-based digital (CRYPTO) ATM and POS to the domestic market, and last year, through an application for quick confirmation of the ICT regulation sandbox, the opinions of the Ministry of Justice, Ministry of Strategy and Finance, and the Financial Services Commission The official official letter of the Ministry of Science, ICT and Future Planning was obtained, and legal status for commencing business was also secured.
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