Medium, Korea’s biggest blockchain-based firm, recently announced joining hands with Smile Home Shopping. The development will see Medium signing an MOU with Smile Home Shopping, a popular household shopping platform based in Indonesia. The collaboration aims to expand the KOK Coin ecosystem.
Smile is currently ranked among the top four biggest TV household shopping ventures in Indonesia. They own branches in Sumatra and Surabaya as well. With loyal local collaborations, Smile Home Shopping covers regional and public broadcasts all over Indonesia. It is known to provide quality products via offline and online channels alongside TV channels.
Once the MOU is signed, the community expects the KOK Coin’s mass adoption throughout Indonesia. Both companies announced how they are indulging in extensive discussions about developing a platform. The platform will allow token holders to use KOK to buy goods at Smile Home Shopping. Moreover, Medium can use Smile Home Shopping’s extensive Southeast Asian (SEA) network to collaborate with the offline payment circuit. It will help create a worldwide blockchain ecosystem.
Medium is renowned for its blockchain solutions in Korea. The primary reason behind its popularity is MDL, a blockchain accelerator. Medium is currently operating within Korea and in other regions as well. It recently entered an agreement with another blockchain solution company based in China known as PeerSafe.
The collaboration enhanced the CTFU blockchain platform (by China Banking Association) as a China-Korea trading platform. It also resulted in the acquisition of KOK Play to commence a “business to consumer” content service.
KOK Coin is a crypto usable in the virtual content platform KOK Play. Monitored by Medium, the token is enlisted on KuCoin, ZBG, Bithumb Global, and Bittrex. Medium aims to extend its use-cases worldwide shortly.
Medium and Smile Home Shopping are planning to join hands to expand the KOK token. Medium will sign an MOU to initiate the expansion, which will see the KOK ecosystem’s expansion.
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