Daehong Communications, a subsidiary of the Lotte Group in South Korea, has announced plans to build a blockchain-driven “money movement ecosystem with the help of APTOS, a powerful layer of 1 blockchain. The project follows a partnership that was formed between Daehong Communications and Aptos.
The “money movement” system is designed to follow and verify digital assets-such as mobile vouchers, loyalty points, kilometers and stablecoins-as they are made, transferred and used in real transactions. All transaction data is recorded on the blockchain, which guarantees transparency ownership and management.
As part of the initiative, Daehong De Blockchain technology of Aptos has integrated with “Giftiel”, a mobile voucher service managed by his subsidiary, Spoon. During the soft launch phase, Giftiel has already registered more than 500,000 users with vouchers on Atos, with more than 1 million vouchers issued.
By moving Giftiel’s Voucher – Living Cycle – issue, distribution and redemption to the blockchain, users get full transparency and traceability of their vouchers. In the meantime, companies have access to reliable usage data for better operational insights. The system could later expand to other areas, including customer rewards, trading services and Stablecoin applications.
Daehong Communications plans to deepen his technical and marketing cooperation with APTOS Labs to further develop the Aptos ecosystem. Real-time blockchain data from Giftiel can already be viewed via an Explorer tool provided by Web3 Solutions Company Xangle, which offer details about vouchers, transactions and user statistics.
The project represents a practical application of blockchain technology in daily trade, with potential for broader acceptance in digital asset management.
Image: Freepik
