Explore groundbreaking blockchain applications across industries, including supply chain solutions, healthcare integrations, financial services disruption, and enterprise blockchain adoption trends.
Pioneering Progress: NH NongHyup Bank’s Avalanche Stablecoin Pilot for VAT Refunds
The financial world is witnessing a significant shift. Traditional banking institutions are increasingly exploring blockchain technology. A notable example comes from South Korea. NH NongHyup Bank, a major financial institution, is now operating a groundbreaking pilot program. This initiative aims to process value-added tax (VAT) refunds. Significantly, it uses a stablecoin on the Avalanche (AVAX) […]
