Sejong Telecom to Collaborate with KOREIT for Security Token Products

Sejong Telecom said Wednesday that it is going to work with the Korea Real Estate Investment and Trust (KOREIT) to jointly develop security token products. Through this agreement, Sejong Telecom aims to transform trust products that are discovered by KOREIT into security tokens and then list them on BBRIC — an integrated real estate investment and income distribution service developed and operated by the Sejong Telecom Consortium — in order to attract investors. BBRIC utilizes blockchain technology to ensure the transparency and security of financial products. KOREIT is a leading comprehensive real estate and finance company. Leveraging its long-standing expertise and professionalism.

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