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South Korea’s Lotte Group Brings 1M Vouchers to Blockchain with Aptos Integration


South Korea’s Lotte Group Brings 1M Vouchers to Blockchain with Aptos Integration

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  • Lotte Group’s Daehong Communications has integrated its popular mobile voucher platform, Giftiel, with the Aptos blockchain.
  • The integration has already onboarded over 500,000 users and issued 1 million vouchers.
  • This collaboration will expand into loyalty points, stablecoins, and other digital assets.

Daehong Communications, a subsidiary of South Korea’s retail giant Lotte Group, has launched a “money movement” ecosystem powered by Aptos, a high-performance blockchain. 

In the first phase of this integration, the company has brought its popular mobile voucher service, Giftiel, onto the Aptos blockchain. The initiative is a practical step in using blockchain technology to enhance real-world economic activities, such as loyalty points, vouchers, and even future use cases involving stablecoins.

With over 500,000 users already on board and more than 1 million vouchers issued, Daehong Communications is leveraging blockchain to bring transparency, security, and traceability to a massive retail and voucher economy.

Aptos Blockchain Offering Scalable and Transparent Solution

The integration leverages Aptos’ Layer 1 blockchain, designed for high th…

The post South Korea’s Lotte Group Brings 1M Vouchers to Blockchain with Aptos Integration appeared first on Coin Edition.

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