Kakao

Kakao Announces Blockchain Platform Launch

Korean Internet Company Kakao Announces Blockchain Platform Launch

The popular South Korean Internet company Kakao announces blockchain platform launch in June 2019. The announcement comes from its blockchain division Ground X. The platform goes by the name Klaytn mainnet. Last year Kakao put up the testnet version for Klaytn. It will mostly work on decentralized apps. Kakao definitely has big plans to break […]

South Korean Internet Firm Invests in Blockchain Project with Israeli Company

South Korean Internet Firm Invests in Blockchain Project with Israeli Company

Orbs, an Israeli hybrid blockchain company, has signed a partnership agreement with the venture arm of Kakao, a South Korean internet group. Earlier, the company had partnered with Kakao blockchain subsidiary Ground X to carry out research, development, and deployment of blockchain applications. As reported, the new investment will help Orbs further the protocol’s development and growth.

Blockchain application

KIP makes its first Investment in a Blockchain Startup TEMCO

On Oct 1, the leading Korea Investment Partners (KIP) announced that it will invest in TEMCO, a blockchain startup. KIP is one of the top investors having its investment in popular firms such as Naver – Korea’s largest search engine,  LINE -Japanese messaging app, and Kakao – Korean messaging giant, among others.