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SDX Foundation signs a business agreement to use the blockchain charity platform ‘CHERRY’

Updated: Jan 27, 2023


<photo> Business agreement ceremony: Jeon Ha-jin, CEO of SDX on the left, Lee Sujeong, CEO of E4Net on the right


The SDX Foundation (Chairman Jeon Ha-jin) announced on the 26th that they had a business agreement ceremony to spread the carbon-neutral campaign and use the blockchain charity platform CHERRY App in the meeting room of E4Net Co., Ltd. (CEO Lee Sujeong) in Samseong-dong, Seoul.


Under the consensus that it is necessary to create a voluntary carbon reduction ecosystem, this agreement was promoted to create a transparent donation culture, carbon reduction campaign, and environmental protection fund using E4Net's charity platform service.


Through this agreement, the foundation and E4Net agreed to cooperate for campaigns and publicity to reduce carbon emissions, raise environmental protection donations, and promote donation activities and marketing activities based on the CHERRY platform.


Jeon Ha-jin, Chairman of the SDX Foundation, said, “Since the SDX Foundation is a foundation that pursues sustainable development using digital conversion technology, we plan to launch a campaign using CHERRY App, which was developed to spread a healthy donation and sharing culture using blockchain technology." He said, “I hope that the campaign using CHERRY App will be a communication campaign that ordinary citizens can also participate in to reduce carbon emissions.”


The SDX Foundation is making efforts to promote carbon reduction from various angles, such as promoting the establishment of an SDX education center to nurture carbon reduction experts, and holding a private-led carbon reduction forum once every two months to spread carbon reduction activities led by the private sector.


According to the company, CHERRY App, named CHERRY , derived from charity, was sponsored by the Ministry of Science and ICT and the Korea Internet & Security Agency, and was selected as a blockchain privately led national project in 2019, and 300 organizations and 1,400 campaigns are currently underway.

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