e4net launches ‘CHERRY’, Korea’s first blockchain-based charity platform

E4Net held a grand opening event for ‘CHERRY’, Korea’s first blockchain-based charity platform

• E4Net, an IT company with 25 years of experience, will hold a grand opening event for Korea’s first blockchain-based charity platform through ‘2019 Blockchain Promotion Week’ from the 16th

• Leading the development of donation culture through transparent tracking and strict execution of donations using blockchain and smart contract technology

E4Net, an IT company with 25 years of experience, will hold an official grand opening event for Korea's first blockchain-based charity platform, 'CHERRY Hope Sharing Platform' through '2019 Blockchain Promotion Week' at COEX on the 16th. do.

'CHERRY' was developed after being selected for the '2019 Blockchain Privately Led National Project' hosted by the Ministry of Science and ICT and the Korea Internet & Security Agency (KISA) by forming a consortium with E4Net, Dunamu, Children's Foundation, and Innoblock. it's a whole project At that time, E4Net was selected as the only small and medium-sized company among the three projects in question, drawing attention from the industry.

The ‘CHERRY’ service is characterized by being designed to minimize the risk of misappropriation of donations by recording and transparently disclosing all information on donations collected and delivered in real time on a blockchain, and automatically delivering donations only through smart contracts. In addition, it provides various payment methods such as simple account payment and Naver Pay, and is making great efforts to secure convenience so that donors can easily participate in donations, such as recently deciding to cooperate with BC Card in linking point donations.

An official from E4Net said, “It is very meaningful to launch a commercial service of a blockchain-based charity platform linked to an actual payment system for the first time in Korea.” I think it is the field that can change our lives the most. In the future, we will do our best to create a warmer society by improving the lacking parts and expanding and developing useful functions.”

Meanwhile, E4Net held 'CHERRY' at the '2019 Blockchain Promotion Week' event hosted by the Ministry of Science and ICT, Korea Internet & Security Agency, and Korea Information and Communication Industry Promotion Association, held at the COEX Grand Ballroom and lobby in Samseong-dong from the 16th to the 18th. Various grand opening events such as experience and blockchain permanent message recording will be held.