Dunamu's 'GIWA' Targets Global Web3 Infrastructure Beyond Overseas Remittance Pilot [Crypto Briefing]
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- 2026-05-04 15:07:37
- Updated
- 2026-05-04 15:07:37

\r\n[Financial News] GIWA, the Web3 infrastructure of Dunamu Inc., which operates the virtual asset exchange Upbit, is moving beyond financial-sector pilot projects and expanding into global business. After completing a proof of concept (PoC) for overseas remittances with Hana Financial Group, it will introduce the GIWA ecosystem at a major global blockchain event. The move is similar to Coinbase broadening its business beyond exchanges through Base.
According to the industry on the 4th, Dunamu Inc. will set up a booth at Consensus 2026, which runs from the 5th to the 7th in Miami, United States, and unveil GASOK, a developer support program designed to energize the GIWA ecosystem.
GASOK is a program that selects decentralized application (dApp) projects using the GIWA infrastructure and provides technical consulting and development funding. It is similar to Coinbase's Base Ecosystem Fund, which helped build out its technology ecosystem by investing in early on-chain projects.
At Consensus, Dunamu Inc. plans to showcase the GIWA Chain testnet and Bojagi, a privacy technology for financial institutions that encrypts asset transfer information to protect transaction parties and amounts. GIWA's use in finance was previously demonstrated through an overseas remittance PoC with Hana Financial Group. The system replaces remittance messages exchanged between Hana Bank's domestic and overseas branches through the existing SWIFT network with blockchain messages on GIWA Chain.
Dunamu Inc. has recently expanded its partnership network to include POSCO International. Dunamu Inc., Hana Financial Group, and POSCO International signed a memorandum of understanding to connect GIWA Chain with Hana Financial Group's foreign exchange network and POSCO International's global supply chain. The companies identified GIWA Chain-based overseas remittance services and global cash management as areas for cooperation.
Industry observers say this trend points to a restructuring of financial infrastructure through Real-World Asset (RWA) tokenization and related technologies. They note that RWA could enable 24-hour trading, real-time settlement, and lower operating costs and time requirements for financial infrastructure. The potential integration of artificial intelligence (AI) agents is also seen as a key medium- to long-term point of interest. Tokenized securities, together with stablecoins, are expected to play a role in connecting finance and AI. In that context, Dunamu Inc. Chairman Song Chi-hyung previously said, "Because blockchain-based financial infrastructure offers the advantages of low cost, fast settlement, and high scalability, it is optimized for integration with AI."
However, some say there are still many hurdles before Web3 infrastructure can be commercialized. An industry source said, "The move to broaden GIWA Chain's ties with the global developer ecosystem can be seen as an attempt by an exchange to expand beyond a trading platform and into a financial infrastructure provider." The source added, "However, overseas remittances and trade settlement require integration with existing regulations and financial networks, so additional technical verification and institutional reforms must proceed in parallel before commercialization."
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elikim@fnnews.com Kim Mi-hee Reporter