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  Kakao’s blockchain platform sets sights on global expansion

  Shin Eun-dong 2019-03-20

  Kakao’s public blockchain platform Klaytn will release its mainnet in June and put it into full operation. Kakao, Korea’s dominant mobile messaging app operator, is gearing up to look for new opportunities with the launch of diverse services from partners in time for the release of the mainnet.Kak

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  IOT and blockchain project IoTeX set to release mainnet

  Park Hyun-young 2019-03-19

  Internet of Things (IOT) and blockchain project IoTeX has succeeded in conducting token lock-up to drive its mainnet. IoTeX said Tuesday that 20% of total tokens in circulation had been locked up. Lock-up refers to a process in which a project team freezes part of issued tokens to enhance the transp

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  Korean government recruits blockchain evaluation corps

  Park Hyun-young 2019-03-18

  The Ministry of Science and ICT is recruiting the National Blockchain Evaluation Corps. The evaluation corps is intended to share policies on public and private blockchain projects and improve public services. The recruitment period runs from March 18 through April 15. In its announcement Sunday, th

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  Samsung SDS to enable data analysis in the state of encryption

  Janice Yunji Kim 2019-03-15

  “We are working on a homomorphic encryption technical service with the aim of releasing it by the end of the year. It will be integrated with marketing, finance, medical care and other diverse areas.” Cho Ji-hoon, head of Samsung SDS’ cloud data security research team, made the remarks in the compan

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  Samsung SDS set to lead logistics industry with blockchain technology

  Park Hyun-young 2019-03-15

  “Supply chain” management is counted among promising fields where blockchain technology can be used well. That’s because it’s possible to verify supply processes transparently with blockchain technology that can prevent data tampering. Such big distribution enterprises as Maersk and Walmart have alr

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  Tokenbank dreams of being 'Kakao Bank' in crypto space

  Park Hyun-young 2019-03-14

  Thousands of won worth of cryptocurrencies are traded a day at large crypto exchanges. The biggest reason why investors opt for big exchanges is that such platforms boast large trading volumes. Buying and selling orders are easy to be processed because of large volumes. Choosing cryptocurrency walle

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  Busan Port Authority to develop blockchain-powered port security systems

  Shin Eun-dong 2019-03-13

  Busan Port Authority (BPA) launches an initiative to develop port security systems using blockchain, artificial intelligence and Internet of Things. BPA said Wednesday that its plan for “data hub development for port security service” had been chosen as a new research and development project in an o

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  Hancom partners with iFlytek to build AI voice tech joint venture

  Shin Eun-dong 2019-03-13

  Korean software developer Hancom Group teams up with iFlytek, one of China’s leading artificial engineering (AI) voice recognition companies, and conducts a variety of businesses based on AI voice technology. Hancom held a press conference with iFlytek at a hotel in central Seoul Wednesday and signe

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  Coinone think tank skeptical about global single blockchain platform

  Shim Doo-bo 2019-03-13

  A blockchain research center has expressed skepticism about the appearance of a blockckhain platform encompassing the whole world. The Coinone Research Center said Tuesday that it had found “boundaries” by looking at the diffusion extent of 5 kinds of payment tokens and 5 kinds of platform-type toke

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  Dongdaemun shopping mall to introduce cryptocurrency payment system

  Janice Yunji Kim 2019-03-12

  Dongdaemun APM, one of Korea’s biggest clothing markets in Dongdaemun, is likely to introduce a blockchain-based payment system.Dongdaemun APM said Tuesday that it would adopt a cryptocurrency payment system optimized for the wholesale market for clothes while implementing the APM Coin Project to

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  'Global ICT firms to lead blockchain popularization'

  Shim Doo-bo 2019-03-12

  Korea’s Kakao and Samsung, Japan’s Line and GMO, Japan’s Rakuten, Russia’s Telegram and America’s Overstock ... All these are ICT (information and communication technology) companies investing in digital assets and blockchain projects actively. Chain Partners’ Research Center predicts that should gl

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  Coinduck supports Samsung Galaxy S10’s mobile payment

  Shim Doo-bo 2019-03-11

  Coinduck, a cryptocurrency payment service, has been installed on the Galaxy S10, Samsung Electronics’ flagship smartphone.Chain Partners said Monday that its subsidiary Coinduck’s payment service had been installed on the Galaxy S10, noting that users of the smartphone will be able to pay with cr

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  Samsung’s blockchain wallet boasts various functions

  Won Jae-yeon 2019-03-11

  Interest is growing in the Galaxy S10 in which Samsung Electronics has claimed to integrate all the high-tech features of latest smartphones. Also, a warm breeze appears to be blowing in the cryptocurrency market amid the news that Samsung’s latest smartphone supports a crypto wallet and blockchain-

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  ICON to operate blockchain accelerating program in Japan

  Shim Doo-bo 2019-03-07

  Korea’s blockchain project ICON will operate a blockchain accelerating program in Japan. Deblock Japan with which ICON has partnerships will operate a Tokyo Launchpad of “ICX Station,” the accelerating program sponsored by partners inside and outside of Japan and ICON. ICON is operating accelerating

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  Korea’s major companies eager to recruit blockchain specialists

  Shin Eun-dong 2019-03-07

  Korea’s major companies are coming forward to hire blockchain specialists in time for their open recruitment in the first half of this year. In particular, such companies as Samsung SDS, Kakao and Line having their own blockchain platforms are making swift moves.According to the blockchain industr