Kakao officially announces Blockchain subsidiary
Kakao officially announces Blockchain subsidiary. South Korean messaging application KakaoTalk, owned by Kakao Corp, officially introduced its new application Kakao 3.0 to open a Blockchain platform for wider Asian markets. The KakaoTalk app has more than 200 million users worldwide and is installed on 95% of smartphones in South Korea.
The blockchain subsidiary is named “Ground X”
Earlier this month, Kakao launched Announced its previously unnamed Blockchain affiliate, implying at the ICO launch. Now the Blockchain subsidiary is named “Ground X” in Yonhap News reports and has been officially announced as well.
Cointelegraph’s Joseph Young announced on Twitter that the Blockchain platform will launch in 2018
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https://twitter.com/iamjosephyoung/status/978567346624147456
“The momentum turning into blockchain comes from the fast pace of the growing technology industry.”
Kakao Yeo Min-soo’ ‘s CEO made the following statements on the subject:
The momentum transformed into blockchain comes from the fast pace of the growing technology sector.. Bearing in mind that the global IT paradigm is changing rapidly these days, we will, as always, work tirelessly to provide services that meet the needs of our users by pioneering new technologies in the age of Internet and mobility.. We will always be ahead in this market.
Kakao has officially announced its Blockchain subsidiary
Another CEO of Kakao, Joh Su-yong, announced at the Cocoa 3.0 announcement in Seoul, Equipped with quality digital content, the app will expand beyond Cocoa’s strategic market to Japan, China and Southeast Asia.. Joh Su-yong added:. Ground X will take its Blockchain platform public, exploring ways to leverage R&D and investment to drive further growth. Along with Kakao’s existing services, it will offer new Blockchain-based services.
Telegram has also entered the cryptocurrency industry
Telegram, another popular messaging app, also provides cryptocurrency. entered the industry. Telegram, one of the most secure instant messaging applications in the world, is developing its own private Blockchain platform and cryptocurrency.. In this way, the application will allow easy payment transactions.
Cointelegraph