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1. Details of the Business Alliance
Standard Capital Co., Ltd. and Danal Japan Co., Ltd. have concluded a business alliance to establish a payment system development and cooperation system utilizing blockchain technology. Danal Japan develops payment systems and provides infrastructure, while Standard Capital provides payment solutions using blockchain technology.
2. Purpose of concluding the business alliance
Danal Co., Ltd. commercialized the world’s first carrier payment in 2000, and started carrier payment of Samsung Pay in 2018, and has been expanding globally in the mobile payment market. Danal Japan Co., Ltd. is a Japan