Shinhan Bank is one of South Korea's largest and oldest commercial banks, with a history dating back to 1897. It offers a comprehensive range of financial services, including personal and corporate banking, foreign exchange, wealth management, and investment banking with a focus on digital innovation. It is a member of the Hedera Governing Council.

Its parent company is the Shinhan Financial Group, a major financial holding company in Korea with a significant domestic market share and an expanding international presence across Asia, Europe, and North America.

Shinhan Bank offers a blockchain-based loan management platform through a partnership with the Small Business Market Promotion Corporation (SEMAS). It has also launched a blockchain credentialing system for verifying loan documents and an integrated blockchain-based Decentralized ID (DID) for its mobile banking app, SOL.   

Additionally, Shinhan Bank previously partnered with Standard Bank to develop a cross-border remittance system using stablecoins built on the Hedera distributed blockchain network. This enables the issuance and trading of stablecoins pegged to national currencies such as the South Korean won and South African rand utilizing Hedera's Token Service (HTS) and Consensus Service (HCS). 

Team members
We currently don't have any public team members for
Shinhan Bank
Related Articles
We currently don't have any published resources on
Shinhan Bank
Related Projects
WiseSAT

WISeSat is a subsidiary of the global cybersecurity and IoT company WISeKey. It operates as a Swiss-based firm dedicated to providing secure satellite communications for the Internet of Things (IoT). The company's mission is to offer cost-effective, sovereign, and secure global connectivity for a wide range of applications, from smart agriculture and logistics to defense and national security.

WISeSat operates a growing constellation of low Earth orbit (LEO) nanosatellites. These satellites are designed to create a secure and resilient network for IoT devices, especially in remote or underserved areas. A key feature of WISeSat's service is its emphasis on security, incorporating advanced encryption and digital identity solutions from its parent company, WISeKey, and its affiliate, SEALSQ. This includes the integration of post-quantum cryptography to protect against future cyber threats, ensuring data integrity and confidentiality for its clients. The company offers its satellite capabilities in a "Satellite-as-a-Service" (SaaS) model, allowing clients to leverage the infrastructure for their specific needs.

WISeSat utilizes the Hedera network to enable secure and transparent machine-to-machine (M2M) transactions directly from its satellites. This is facilitated through the SEALCOIN platform, which uses Hedera's distributed ledger technology (DLT) for the secure exchange of tokens between IoT devices.

DPub

DPUB is a decentralised publishing platform that aims to simplify the process of creating and distributing content on the Hedera network. It’s designed to empower creators by providing them with the tools to launch NFTs, create token-gated communities, and manage crowdfunding campaigns and DAOs.

The core of DPUB's service is a user-friendly, no-code platform that allows creators to mint their work as NFTs and build communities around their content. Its features include decentralised auctions and a secondary marketplace, which provide creators with new avenues for monetization and passive income through royalties.

DPUB is built on Hedera and utilises the Hedera Token Service (HTS) for minting and managing all NFTs and other digital assets on the platform as well as the Hedera Consensus Service (HCS) to ensure the fair bidding. By leveraging Hedera's high throughput, low fees, and robust security, DPUB offers a scalable and efficient solution for decentralised publishing and creator monetisation.

MyHBARWallet

MyHBARWallet is a free, open-source, and client-side interface that allows users to interact with the Hedera network. It was one of the first wallets to support HBAR, the native cryptocurrency of Hedera, and has played a significant role in the growth of the ecosystem.

Its core services is providing a user-friendly and secure wallet that allows users to create new Hedera accounts, generate and manage private keys, and send and receive HBAR and other tokens issued on the Hedera Token Service (HTS). It also supports staking, which allows users to earn rewards for helping to secure the network. A key feature of MyHBARWallet is its support for hardware wallets such as the Ledger Nano.

MyHBARWallet is a dedicated wallet for the Hedera ecosystem and utilizes all of Hedera's core services. It uses the Hedera Token Service (HTS) for all token-related functions, the Hedera Consensus Service (HCS) for any necessary transaction ordering and logging, and the Hedera File Service (HFS) for storing any relevant data. This deep integration with Hedera's fast, secure, and low-cost infrastructure makes MyHBARWallet a powerful and efficient tool for anyone looking to interact with the Hedera network.

Dropp

Coming soon..