LG CNS and the Bank of Korea Explore Digital Currency with Smart Payment System

BearMarketSunriser · 2026-01-30T03:17:17+00:00

The Bank of Korea, in collaboration with LG CNS, has launched a significant pilot project for an advanced payment platform using AI. This system automates the entire transaction process, showcasing the practical application of digital currency in enhancing payment efficiency.

BearMarketSunriser

2026-01-30 03:17:17

Abstract generation in progress

Amid the development of digital currencies worldwide, the Central Bank of Korea has just partnered with LG CNS to announce a significant step forward. These two organizations have piloted an advanced payment platform where commercial tasks are processed fully automatically through artificial intelligence.

Automate the payment process with AI

According to a report from NS3.AI, the system is designed so that AI can perform the entire transaction cycle on its own without human intervention. This technology allows the system to search for products, make purchase decisions based on pre-programmed criteria, and then complete the payment process with deposited tokens. This is a clear demonstration of the applicability of digital currencies in practical applications.

Hangang Project and Currency Digitalization Vision

This pilot project is a key component of the Bank of Korea’s Hangang Project, an initiative to accelerate technological innovation in the digital currency sector. By combining AI with digital currencies, South Korea is building the foundation for next-generation payment systems, opening up new possibilities for fast, secure, and efficient financial transactions.

TOKEN-1,17%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.