According to ChainCatcher, Bankware Global, a South Korean core banking system software solution company, announced that it has won the bid for Woori Bank’s own NFT platform construction project and will cooperate with blockchain company Blocko.

Woori Bank plans to promote the development of financial business in the digital asset market through this platform. Bankware Global said that the NFT platform based on blockchain technology will bring innovation to the management and operation of digital assets in the future financial industry.

Founded in 2010, Bankware Global has provided core banking solutions to more than 100 financial institutions and large enterprises in seven Asian countries. Woori Bank is the largest national commercial bank and the only state-owned bank in South Korea. It was formerly the Korea Commercial Bank, Pyeonghwa Bank and Hanil Bank, which merged in 2002.