Areeba Rashid

Chiliz Partners with NAVER Pay to Launch Digital Assets Wallet for 33M Users

Blockchain, Chiliz, Chiliz NAVER Partnership, Digital Assets, NAVER, NFT, Sports

Chiliz
  • Chiliz partners with NAVER Pay to launch a digital assets wallet for 33M South Korean users.
  • The collaboration marks a significant step in integrating blockchain into digital services.
  • Exclusive NFTs and events celebrate the NAVER Pay Wallet launch, enhancing user engagement.

Chiliz, the sport-focused blockchain, has shared a huge partnership with NAVER Pay, which should be considered as an important step to popularize blockchain technology in digital services. In this partnership, NAVER Pay unveils its first digital assets wallet NAVER Pay Wallet which is for NAVER Pay user network of more than 33 million in South Korea. Chiliz Chain has therefore been selected as the first blockchain for this new endeavour.

The integration of Chiliz and NAVER Pay in the digital asset management of the company’s crypto and substantial enhancement of user interface and experience in the South Korean market. In this context, the two companies are leading the way for the further integration of digital assets into the nation’s services through the introduction of blockchain technology. This step reflects the increasing trend of using blockchain technologies for better protection of electronic operations’ integrity, readability, and speed.

Chiliz NFTs for NAVER Pay Wallet Launch

For the launch of the NAVER Pay Wallet, a sport-focused blockchain has organized several promotions to attract users to the new platform. By signing up for the wallet, users will have the opportunity to receive Chiliz Chain NFTs, which the company is releasing to commemorate this development. These unique NFTs symbolize the user’s participation in this forward-looking initiative.

Besides the celebratory NFTs, there will be a dedicated launch event kicking on August 30 with sport-focused blockchain . For this event, 50 people from South Korea will be chosen to be part of a European Football Tour. The winners will get private tickets to watch some of Europe’s leading football teams, Non-Fungible Token, and travel in style. This exclusive experience highlights how Chiliz coherently pursues the strategic connection of sports with digital assets.

NAVER Pay Wallet, the digital payment solution by NAVER, is actually a sub-corporation that will leverage Chiliz Chain to increase the use of blockchain in South Korea. It also marks a new dawn on how digital assets are governed and exploited in the sporting world. As Chiliz and NAVER Pay look to build more on this partnership, they should also unveil more features and services that will bring blockchain into the life of millions of users.

Such a partnership is highly beneficial since it not only expands Chiliz’s market presence in Asia but also sees NAVER Pay as an industry leader in digital asset management. The success of this initiative could be a reference point of other blockchain solutions’ implementations in digital payments all over the world.

Areeba Rashid

Areeba Rashid