Kyber Network Enters Partnership with Coinduck to Popularize Cryptopayments in Korea
Based in Korea and developed by Chain Partners (the country’s leading blockchain company builder), Coinduck is on a mission to expand the possibilities of cryptopayments in everyday transactions. The service is elegantly simple: merchants, both online and offline, provide their wallet addresses and customers send the payable amount instantly calculated in Ether at a live exchange rate. The typical processing time for such transactions is five minutes, posing an inconvenience to both merchant and customer. With Coinduck’s onchain, instant transaction technology and deep learning algorithm, a payment can be completed within five seconds. The service is compatible with all mobile wallets in Korea and all exchanges worldwide, ensuring easy access for holders of Ether.