Daniel Shin is a South Korean entrepreneur and investor who is the co-founder of Terra, a blockchain payments network. He has also founded several other companies such as TAPAS, an app that allows users to make micro-payments for digital content; Xangle, which provides investors with real time data about tokenized assets; and Antube, Korea’s first decentralized video streaming platform.
Shin began his career as an engineer at Samsung Electronics before transitioning into the venture capital space in 2015 by joining Softbank Ventures Asia. During his tenure there he invested in over 20 startups including Kakao Mobility – now one of Korea’s leading ride hailing services – and Qoo10 Japan – now one of Japan’s largest ecommerce sites.
In 2017 Shin left Softbank Ventures Asia to found Terra with Do Kwon and Pankaj Jain. The company aims to create a global payment system based on its “Stablecoin Economics Model” that will allow users across different countries to transact without worrying about exchange rate issues or long waiting times associated with traditional cross border payments systems like SWIFT or Western Union. As part of their mission they have already launched two products: CHAI (Korea) & LUNA (South East Asia). Both provide consumers access to cheap international payments within minutes via mobile applications backed by the stability provided from their model..
In addition to launching these products Daniel Shin continues pushing forward innovation through various initiatives such as sponsoring hackathons around blockchain technology & founding incubators dedicated towards supporting early stage projects trying break new grounds in this field . His ultimate goal being making sure people are able understand how cryptocurrencies can be used practically rather than purely speculating on them
