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Image: Adobe Stock.
BOSagora Foundation, a blockchain ecosystem, has teamed with The9Company Korea, which provides self-serve payment kiosks, to integrate BOSagora’s token business with The9Company Korea kiosks, according to a press release.
BOSagora, a public blockchain platform known as Korea’s first ICO project, is based in Switzerland. It launched its own mainnet, Agora, in January and is operated by 2,348 validators worldwide.
Tokens issued by all services based on the Agora network can be swapped with THE9, the kiosk mileage token of The9Company Korea, through BOASwap, and can be used through kiosks.
When paying for products through the kiosks, users can choose between mileage and tokens. The accumulated tokens can be used at other stores with The9Company kiosks or swapped for other service tokens on the Agora network.
The9Company Korea operates kiosks in restaurants, hotels, travel agencies, movie theaters, coffee shops, tourist attractions and retail outlets worldwide, including Korea, the U.S., China, Japan and Indonesia.
“By issuing tokens based on Agora, a public blockchain network, you can extend your business to everyday life with services unrelated to kiosks,” In-hwan Kim, president of BOSagora Foundation, said in the press release. “We plan to secure competitiveness to attract good DApps to our network ecosystem that is integrated into daily life, which is different from other blockchain networks.”
As a result of this integration, Cha Seung-hyuk, chairman of The9Company Korea, and Ra Hyun-chae, CEO of The9Company Korea, will be newly appointed to the board of directors of BOSagora Foundation.
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