Four of South Korea's Biggest Banks to Provide Data for DeFi Platform

Four major South Korean banks said they will contribute to a blockchain-powered decentralized finance (DeFi) solution for foreign currency exchange rates. Per D Daily, Shinhan Bank, IBK Bank, KEB Hana Bank and Nonghyup (NH Bank) will take part in a joint project involving Oracle's Chainlink (LINK) collaboration as well as domestic fintech platform Center Prime.