Korea’s largest conglomerate Kakao ( also the operator of Korea’s dominant mobile messaging app Kakao Talk) has a 90% market share in mobility services and related businesses in Korea.
As part of its vision towards innovation and rapid global expansion, Kakao has incubated a global public blockchain project Klaytn, developed by Ground X, a subsidiary of this top-tier South Korean mobile platform.
Klaytn is an enterprise-grade, service-centric platform that brings user-friendly blockchain experience to millions. Klaytn is secured by participation from numerous highly-reputable brands around the globe, working together to create a reliable business platform atop a robust system of decentralized trust.
Klaytn makes initial partnerships with leading enterprises in various industry domains with its focus on driving mainstream adoption of blockchain-empowered services as to substantiate the value and utility of blockchain technology.
Klaytn was developed to offer substantial blockchain-based services in order to spur the mass adoption of Blockchain technology.
Boltt will assist Klaytn in its efforts towards mass adoption of Blockchain.