What to know (because you clearly donāt):
- 7-Eleven is testing South Koreaās digital currency. Yes, the same place you buy questionable hot dogs at 3 a.m. š„“
- Shoppers can pay with a QR code. Because scanning your dignity at checkout wasnāt enough. š±
- Thereās a 10% discount for using the digital currency. Because nothing says āinnovationā like a Slurpee sale. š„¤
South Koreaās 7-Eleven stores are now accepting the Bank of Koreaās digital currency in a trial that runs through June. Because who doesnāt want to buy a Big Gulp with blockchain? š§
This is part of the āHangang Projectā pilot, which sounds like a K-pop band but is actually a CBDC test. Customers with accounts at one of seven partner banks can pay by scanning a QR code. Because apparently, swiping a card is so 2010. š³
To sweeten the deal, 7-Eleven is offering a 10% discount for using the digital currency. Because nothing screams ācutting-edge technologyā like a discount on Cheetos. š§
Moon Dae-woo, head of digital innovation at 7-Eleven, said the retailer is experimenting with new tech to improve efficiency. Translation: āWeāre trying to make it easier for you to buy junk food faster.ā š
This pilot is one of the first real-world trials of a CBDC in South Korea. Because if anyoneās going to test digital currency in a retail setting, itās the place that sells taquitos and energy drinks. š®ā”
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2025-04-02 18:09