11/03/19 09:36 UTC-4

Kakao application operator collected $ 90 million for blockchain platform

Kakao, the South Korean messaging application operator, raised over $ 90 million in a private coin offer round for its blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
unit, Ground X Corp, according to Bloomberg, a leading financial information provider for professional participants in financial markets.

Bloomberg announced this news after successfully completing the Kakaos funding round of $ 90 million from venture and private equity funds, including IDG Capital, Cresendo Equity Partners and Translink Capital.

Interesting in the section: Cryptocurrency funds (ETF) and their types


Klaytn Platform release

Kakao plans to release its blockchain platform in June, known as Klaytn. Klaytn is a service-oriented blockchain platform that provides a simple development environment and ease of working with the end user. The platform allows you to create real large-scale applications. Klaytn is the future developed by Ground X.

Ground X will seek to hold another round of funding planned for March and is going to raise about as much money as before.

Kakao will seek to launch Blockchain platform services, such as games and travel apps. GroundX blockchain platform includes Wemade Entertainment Co game developer, Watcha Inc. and Zanadu travel agency.

Jason Han, CEO of Ground X, commented on the future of Ground X: "There will be a wide range of services, and the blockchain service is also expected to create more than 10 million accounts over the course of a year, taking advantage of the existing services."

Interesting in the section: Bitcoin Gold as alternate currency

Kakao application operator raised $ 90 million for the blockchain platform. With new funding and a statement from Han about the start of Ground X aggressive hiring, the blockchain platform will be launched this year.

Editor: Alyona Nabok

See also: "FCA, the British financial regulator, issued a warning on the Next Coin Market"

#Kakao #blockchainplatform #blockchain #Klaytn



17/05/19 06:00 UTC-4

#DropGold Bitcoin movement is now on American TV channels

​On May 16, it was reported that the popular American TV channels, National Geographic and Fox News, will broadcast a video ad for the DropGold movement. As it became known, the project was financed by Grayscale Investments and Barry Silbert.

03/05/19 09:00 UTC-4

Vitalik Buterin: Ethereum for people!

​On May 3rd, the Ethereum cryptocurrency developer stated that Ethereum coins are intended primarily for ordinary people. According to Vitalik Buterin, cryptocurrencies should become easier and more reliable.

20/05/19 10:08 UTC-4

WhatsApp messenger now supports Bitcoin and Litecoin payments

​On Sunday, May 19th, developers from the Zulu Republic team reported on the implementation of a special bot for crypto transactions inside the WhatsApp messenger. Now the WhatsApp network can make payments in Bitcoins and Litecoin.

Hypes, funds, fiat money