GreenBox POS, an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions announced a partnership with isMedia Co. Ltd, a manufacturer of electromagnetic measurement, testing, and analysis instruments, to jointly develop a blockchain-based NFT (non-fungible token) platform.
Under the terms of the agreement, the companies will cooperate to build an NFT platform for blockchain settled virtual asset trading. GreenBox will provide payment gateways and payment settlement solutions for the platform while isMedia develops the NFT platform user interface and user experience.
By leveraging GreenBox proprietary blockchain-based ecosystem, which is designed to facilitate, record, and store a virtually limitless volume of tokenized assets, representing cash or data, isMedia’s new NFT platform can quickly scale on a global basis. GreenBox seamless technology for transaction processing will enable the isMedia NFT platform to provide a best-in-class user experience in the massive and rapidly growing NFT space.
“This is yet another example of how GreenBox superior transactional technology and upcoming smart -contract token can be deployed to promote efficient, instant and secure transactions on a global basis,” said Ben Errez, Chairman of GreenBox POS. “We are honored to partner with isMedia for this exciting NFT platform development. The NFT market is one of the fastest growing, potentially lucrative markets and isMedia is well-positioned to capture a significant share with their impressive technology capabilities. We look forward to a fruitful partnership.”
“We are excited to establish this partnership with GreenBox which has technological expertise in blockchain settlement to support the successful development of our NFT platform,” said Ki-Tae Kim, Chief Executive Officer of isMedia. “We plan to actively cooperate to build a stable platform that plays a leading role in the rapid growth of the global NFT trading market.”