Hedera and Shinhan Bank cooperate on Won Won stabilization demonstration project

Hedera will partner with Shinhan Bank to achieve stable profits as hashgraph Hedera distributes data to be used for overseas export on November 30. South Korean banks Shinhan and Hedera Hashgraph (HBAR) have completed the proof of concept with the aim of ensuring the financial strength of the Hedera network for international shipments. Shinhan Bank's new proof of concept makes it possible to send international transfers through the Hedera network in seconds for a few cents. Hedera claims that the average price for an exchange on her network is US $ 0.0001 and the average exchange time is 3-5 seconds. The game is a significant improvement. In a Nov. 29 statement, Hedera said the goal is to find out whether companies can track the issuance and distribution of stablecoins for financial transactions at low cost and that the turnaround time is shorter than the normal system. (Co-manager)