First generation Korean blockchain company Glosfer

Blockchain Technology and Services company in Korea

Aren’t you curious who is leading the Blockchain industry in Korea? It has been less than a decade that Blockchain has been introduced to the public.  There have already been first movers who adopted blockchain into Korea. Korean Blockchain company Glosfer has been recognized as the leading company in the Blockchain industry.

Glosfer is a Korean first generation blockchain company that has been studying and developing blockchain since 2012. It has provided international remittance service for the first time in Korea and has run cryptocurrency market as the second runner in Korea. It provides blockchain based solutions for the Fintech industry.

What Glosfer Does

It is providing solutions in various fields. Solution projects that Glosfer run are called infinity projects.

  • Governments’ local currency and crypto valley are one of its major fields but also exchange services, health analysis, even documents for business are in the boundary of Glosfer.
  • Glosfer also provides platform solutions. Music platform, licensing, smart wallet, digital signature, and token creation is in progress.
  • More than that, Glosfer is expanding their knowledge every day by learning as they run the Glosfer Learning day, Glosfer TV/ Podcast, Infinity Hack, and FSBC.

There are two main services that Glosfer is working on.

  • First is local currency. Glosfer is trying to adopt blockchain system to local currency to prevent unfair use of it and by sharing social value with the local community, it is contributing to transparent welfare services.
  • Furthermore, the payment system is one of the main services Glosfer provides. With one blockchain smart multi-card, customers can use Hanaro financial services and other services such as cryptocurrency, point services, or local currency within the protection of private asset. It will ease the finance services for customers.
Chloe Han
Chloe Han

Chloe Han is a journalist at Startup Radar. She covers the Korean startup scene as well as the latest Korean culture related content. She attends Yonsei University, majoring in Business Administration and English Literature and Language.

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