Coinduck is the world’s first Ethereum-based payment service and Korea’s No. 1 payment service using cryptocurrency. The service is embedded in Samsung Galaxy S10. This simplified cryptocurrency payment service does not require any additional device or app other than a URL.

1. Compatibility with all exchanges and wallets

By adopting the on-chain transaction technology, Coinduck payment service is compatible with all kinds of cryptocurrency wallets and exchanges around the world. It allows faster transaction approvals by utilizing a transaction classification technology.

2. Enhanced security enabled by blockchain

The blockchain technology records every transaction on the public ledger. This prevents counterfeiting or tampering. In addition, the process protects transaction details and counterparty information by adopting a server encryption feature as secure as that of financial firms. This prevents deposit and withdrawal accidents by processing settlement through major domestic banks.

3. Quick and accurate KRW settlement

Adoption of the spot trading system enables payments to be immediately converted to Korean Won. In addition, the cost of changes in cryptocurrency values will be borne by Coinduck and all payments are settled in Korean Won within 24 hours.

4. Convenient features

Users can easily make payments through URL without downloading an application and they can manage their transaction history by real-time payment notifications and transaction management dashboard. No fees will be charged until the monthly payment reaches $1,800.

Coinduck launching promotions


Milestones

  1. 2019

    Mar.
    Coinduck embedded in Samsung Galaxy S10 Blockchain Wallet
  2. 2018

    Nov.
    MOU signed between SirinLabs and Coinduck to support cryptocurrency payment for blockchain smartphone Finney
    Oct.
    MOU signed between Kolon House Vision Co., Ltd. and Coinduck to support cryptocurrency rental payments at Treehouse in Yeoksam
    Sept.
    Coinduck selected by C-Lab, Samsung Electronics' startup incubator program
    July
    Founded Coinduck Inc.
    May
    Coinduck’s daily average transaction volume exceeds 100 million won
    Feb.
    The number of Coinduck franchises nationwide exceeds 300 partner locations
    Jan.
    Launch of Coinduck, the world's first offline Ethereum payment system
    Strategic Partnership of Kyber Network and Coinduck established

Partners