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<h2 id="header-0"><strong>Key Takeaways</strong></h2><ul><li>Beginning with the tokenization of Pelayaran Korindo’s ship finance assets, enabling the activation of the Asian Web 3.0 RWA industry through the development of trusted business models.</li><li>By digitizing ship finance, which is a large scale traditional financial sector, strengthening liquidity and channels for attracting investors as well as diversifying investor choices.</li><li>Expanding the accessibility of individual investors in ship finance investment, which used to be convenient for institutional investors, through this RWA tokenization project.</li></ul><p></p><p>We are pleased to announce a strategic partnership with <strong>“Pelayaran Korindo”</strong>, an international integrated logistics company based in Indonesia, and <strong>“Klaytn Foundation”</strong>, which was established for the leading layer-1 blockchain platform “Klaytn”.</p><p>Together, we have signed a Memorandum of Understanding (MOU) to promote the RWA (Real World Asset) tokenization business.</p><p>Starting from the tokenization of Pelayaran Korindo’s ship assets, we plan to develop a trustworthy and practical RWA token business model and bring vitality to the emerging Asian RWA industry.</p><p>This MOU is expected to increase the accessibility of ship finance to individual investors, not only to the institutional investors who have traditionally invested in ship finance. By digitizing ship finance, one of the typical traditional investment sectors, our MOU could diversify the channels for attracting investors.</p><p>Ship finance is the financial industry in which shipping companies obtain loans by using the ownership of ships as collateral to build or acquire ships. According to market research firm Petrofin Research, the total volume of transactions in the global ship finance market conducted by traditional financial institutions such as banks amounted to $525 billion last year. In addition, the market share in the Asia-Pacific (APAC) region has grown rapidly from 40% in the previous year to 44% last year.</p><p></p><h2 id="header-1"><strong>About Pelayaran Korindo</strong></h2><p>Pelayaran Korindo has grown through the transportation of timber, plywood and crude palm oil (CPO). Currently, it is a specialized shipping company that has contracts with companies in various industries such as steel, refining, chemicals, and fertilizers in Indonesia, and provides transportation throughout the region of Indonesia.</p><p></p><h2 id="header-2"><strong>About Klaytn Foundation</strong></h2><p>The Klaytn Foundation was established in 2020 to effectively expand the ecosystem of the global Layer 1 blockchain platform, Klaytn. Since its inception, the Foundation has been actively collaborating with its governance council members, who are distributed across the globe. The Klaytn Foundation aims to facilitate decision-making for sustainable ecosystem expansion in the rapidly evolving blockchain field by adopting new technologies and conducting R&amp;D to ensure that Klaytn serves as an open, reliable, and sustainable blockchain platform for developers and users. In accordance with the long-term governance roadmap adopted at its inception, the Klaytn Foundation is actively working toward the “decentralization phase” of the Klaytn blockchain, which extends into 2023 and beyond. For more information, please visit <a href="https://klaytn.foundation/" rel="noopener noreferrer nofollow">https://klaytn.foundation/</a> .</p><h2 id="header-3"><strong>About NEOPIN</strong></h2><p>Since 2017, we have been actively involved as a validator (network verifier) operator in various global blockchain nodes such as Ethereum, Tron, Cardano, and Cosmos, accumulating expertise and technical capabilities in blockchain. Last year, we launched the CeDeFi protocol, providing a secure and convenient DeFi platform environment. This year, we were selected as a company in the innovation program of the Abu Dhabi Investment Office (ADIO) in the United Arab Emirates (UAE) and successfully attracted direct and indirect investments. We are working with the Abu Dhabi Global Market (ADGM) to create the world’s first public-private DeFi regulatory framework. In addition, we are participating in the RWA (Real World Asset) consortium with partners such as ELYSIA and GALAXIA METAVERSE, and are actively venturing into the RWA business in South Korea and Japan through partnerships with Japanese blockchain companies, including Cabinet.</p><h2 id="header-4">&#x1f465; Join the NEOPIN communities</h2><p><a href="https://onelink.to/5ynn8k" rel="noopener noreferrer nofollow">App</a> | <a href="https://neopin.io/" rel="noopener noreferrer nofollow">Web</a> | <a href="https://twitter.com/NeopinOfficial" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://medium.com/neopin-official" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://discord.gg/neopinofficial" rel="noopener noreferrer nofollow">Discord</a><br /><a href="https://t.me/neopin_announcements" rel="noopener noreferrer nofollow">Telegram Announcements</a><br /><a href="https://t.me/neopin_eng" rel="noopener noreferrer nofollow">Telegram Global Community</a><br /><a href="https://zealy.io/c/neopin" rel="noopener noreferrer nofollow">Zealy Community</a></p>

NEOPIN Partners with Pelayaran Korindo & Klaytn Foundation

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