GreenBox POS announced a partnership with isMedia Co. Ltd. to jointly develop a blockchain-based NFT (non-fungible token) platform. Under the terms of the agreement, the companies will cooperate to build an NFT platform for blockchain settled virtual asset trading.

GreenBox will provide payment gateways and payment settlement solutions for the platform while isMedia develops the NFT platform user interface and user experience. By leveraging GreenBox proprietary blockchain-based ecosystem, which is designed to facilitate, record, and store a virtually limitless volume of tokenized assets, representing cash or data, isMedia's new NFT platform can quickly scale on a global basis. GreenBox seamless technology for transaction processing will enable the isMedia NFT platform to provide a best-in-class user experience in the massive and rapidly growing NFT space.