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K-POP World Alliance President: Driving the involvement of 20,000 industry mainstays in MOVA Chain to build a compliant Web3 ecosystem
BlockBeats News, December 3rd, Park Ki Hwal, a senior figure in the Korean cultural industry and President of the K-POP World Alliance, recently announced that he will drive more than 20,000 core members of his affiliated top hip-hop community to fully integrate into the MOVA Chain ecosystem. This move is seen as a key step in the transformation of the K-POP industry from "content globalization" to "value globalization." In the future, it will directly explore on-chain applications such as ticket payments, fan membership systems, and Real World Assets (RWA) based on the MOVA Chain ecosystem.
The financial-grade modular blockchain MOVA Chain has the following core technological advantages:
- High-performance execution core to meet the high-concurrency requirements of large-scale commercial applications;
- Native compliance architecture supports pre-transaction compliance verification, addressing the pain points of traditional public blockchains' inability to meet institutional regulatory requirements;
- Modular asset management through a unified asset kernel.
MovaChain, with modular design at its core, is specifically designed for financial-grade scenarios such as payments, clearing, and asset issuance. In performance tests, it has reached a peak TPS of 110,547 and a confirmation time of less than 1.5 seconds, placing its performance at a globally leading level. MOVA previously completed a $100 million strategic financing round, led by the Aqua1 Foundation and UAE GeoNova Capital (a fund established by Standard Chartered Bank and several UAE institutions and family offices), with participation from several top financial institutions in Abu Dhabi.
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