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Subject: CON

KMS 'Bingo Music' Launching Progress: Signed MOU for Technology Development with Microsoft (MS)


SEOUL, South Korea, Feb. 21, 2018 /PRNewswire/ -- Korea Mobile Society, Co. Ltd. (hereby referred to as KMS) and Microsoft Korea (hereby referred to as MS) has signed a MOU for the development, establishment and technology support of Bingo Music based on Azure media service that associated with Stargram coin on Feb. 14, 2018.

KMS 'Bingo Music' X Microsoft (MS) (PRNewsfoto/Korea Mobile Society)

KMS (CEO Kim Min Soo) announced to enter global music business along with Stargram Coin, and build strategic partnership with Microsoft Korea (MS) to fully incorporate payment method in music distribution and trading.

KMS and MS has mutually agreed in music streaming service development to support a secure Azure Export/Import music data service, local and global service operational, ongoing users streaming environment support, joint marketing, etc. Furthermore, both companies have agreed to establish various service based on blockchain technology.

KMS established a business-specific strategy that encompasses the global star ecosystem and music market that connects China, Southeast Asia, Europe, North and South America through Stargram Coin and Bingo Music. In China, Min-Soo Kim, the CEO of KMS, participated in the content core business of the 'One Belt, One Road' initiative, and local officials expect the bingo music business to expand.

KMS authority said, "A big deal will be announced soon not only in China and Southeast Asia, but now will be announced to in the United States, and by signing a MOU with Microsoft will allow Stargram Coin and bingo music to play a big role in the global market standardization".

SOURCE Korea Mobile Society


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