Kakao Spent $57M for Blockchain and AI Technology Development

Kakao Spent $57M for Blockchain and AI Technology Development

Internet company and operator based in South Korea, Kakao have revealed that they have been investing more than $57 million for the blockchain, artificial intelligence and other technologies. Kakao has received the profit only $3.8 million, however, despite the loss the vice-president of the corporation Bae Jae-Hyun will continue their investment for DLT and other technologies.

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