LG CNS has partnered with GroundX, the blockchain arm of South Korea’s major social network Kakao. Together the firms plan to explore blockchain applications in various business areas,
reported the Korea Herald yesterday.
The two companies will be developing a mutually compatible blockchain infrastructure. “Currently, there is an active ‘inter-chain’ projects within the industry to connect unique blockchain ecosystems,” said an LG CNS representative.
The representative further said: “We will break down the existing boundaries between private and public blockchains through this partnership and combine our strengths for new business opportunities.”
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
