WEPIN Wallet Partners with Darwin KS for Tourist Blockchain Services

Web3 wallet specialist IoTrust announced on the 2nd that it has signed an MOU with blockchain fintech platform Darwin KS for collaboration on blockchain-based financial services for foreign tourists.

According to this agreement, IoTrust plans to integrate its enterprise Web3 wallet service 'WEPIN' into the mobile app connected to Darwin KS's crypto ATM service. Both companies plan to improve the user experience for foreign tourists through the WEPIN wallet solution and jointly develop innovative financial services utilizing blockchain technology.

IoTrust's WEPIN wallet is an enterprise wallet solution that provides simple SDK and API, allowing any company, even without blockchain development experience, to integrate the wallet into their app or website within 5 minutes. Furthermore, through account abstraction technology, corporate customers can now develop Web3 services with greatly improved user convenience and accessibility.

Darwin KS currently operates digital ATMs in 9 locations frequently visited by foreign tourists, including emart24, NewCore Outlet, NC Department Store, and Dokkaebi Mart, providing services such as currency exchange for 89 types of currencies from 17 countries, foreign currency deposits, digital money withdrawals, overseas remittances, and tax refunds. This service has been praised for enhancing security by applying blockchain technology and greatly improving convenience for foreign tourists with a 24-hour unmanned system.

An IoTrust representative stated, "Through this partnership, we want to provide WEPIN wallet, which has become even more convenient with social login and account abstraction features, to Darwin KS's crypto ATM users to increase accessibility and convenience, and contribute to strengthening blockchain-based financial services."

Both companies are expected to accelerate the development of new financial services utilizing blockchain technology through this agreement, contributing to the revitalization of the domestic tourism industry and the development of the fintech industry.