One of the largest internet corporations in South Korea, Kakao with its affiliate Dunamu has launched a blockchain service platform called Luniverse supervised by research lab for blockchain technology, Lambda256. The aim of the blockchain service platform is to help companies to begin their business using blockchain technology.
Port of Algeciras Bay Authority (APBA), Spain is one of the largest dock operators in Europe has signed an agreement with IBM to join its blockchain shipping project, TradeLens. The main aim is to speed up the handling process and improve transparency and trust as it removes the need for third parties and tracks all activities.
The Ground X, a subsidiary company of Kakao has unveiled a blockchain platform called Klaytn. The native tokens of the platform are called Klay. The test net’s block would be covering 1,500 transactions in a second. Reportedly, ten entities have joined the platform. The Ground X is aimed to bring more accessibility to the blockchain.
The International Spirits and Beverage Group (ISBG) associated with Airtab to diversify its blockchain platform. The Airtab application enables the users to find restaurants and bars. The ISBG’s Bengala Blockchain Project is to streamline the logistics process involved in the production and distribution of alcoholic beverages. The blockchain solution award safe encryption in tracking the logistics process.
The Paris Saint-Germain football club (PSG) has entered into a partnership with the blockchain platform, Socios. The partnership is aimed at the launch of a token ecosystem. The chief partnership officer of PSG, Marc Armstrong revealed, “This revolutionary technology will have an important impact on the club’s overall business strategy and the way we engage with our fan base.”
The VNX Exchange has announced the launch of a blockchain platform to foster liquidity in the global capital market. The company has also added Dominique Valschaerts, the former CEO of the Brussels Stock Exchange to its board. The founder and CEO of the company, Alexander Tkachenko expressed that the VC tokens are tokenized financial instruments.
A blockchain-powered IoT contract platform, Hdac Technology AG, backed by Hyundai, has signed an MOU to increase blockchain adoption in the real estate operations. The collaboration is expected to support the diversification of real estate projects based on the Hdac platform. The Dream Global Partners is to establish real estate blockchain platform called DREAMChain.
Shinhan Bank recently partnered with the largest telecommunications company in the country, Korea Telecom Corporation. A local press has reported that the newly-established partnership is to contribute to the development of a blockchain platform for digital tokens processing purposes. The vice-president of Korea Telecom explained, “Blockchain will be central technologies for digitalization in the fourth industrial revolution.”
The IDG Capital has invested $20 million in funds in the private placement blockchain platform, Dexon. Dexon is founded by Cobinhood, a crypto service company. The blocklattice protocol transaction speed competes with major credit card companies. The co-founder of Cobinhood, Wei-Ning Huang expressed, “With its fundamentally new architecture, the DEXON network is poised to become the world’s first mainstream blockchain.”
The iCapital, fund management platform, has associated with Enecuum, a blockchain integrated mobile mining system. The general manager of iCapital, Agada Nameri revealed, “We started investing in blockchain three years ago as we identify that the innovation of this technology has the potential to revolutionize and disrupt many aspects of our lives.”