#Kakao News

LG sign hanging cryptocurrency wallet held

LG Files Trademark Application for Mobile Cryptocurrency Wallet

July 15, 2019 by Edoardo Vecchio at Business

On July 2, the South Korean multinational company LG Electronics Inc. filed a trademark application with the U.S. Patent and Trademark Office for its first major project in the crypto space, namely a mobile crypto wallet called ThinQ Wallet. The ThinQ Wallet The technological giant LG Electronics Inc, part of the...

Kakao and LG Making Contact Blockchain White

LG Electronics and LG Group to Adopt Kakao Blockchain

June 28, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, News

LG Electronics Inc., a leading South Korean multinational electronics firm and LG International Corp., an affiliate of the LG Group have agreed to adopted Klaytn, the distributed ledger technology (DLT) platform of Korea’s messaging giant, Kakao. The move will make it possible for LG to integrate blockchain technology into their...

Kakao to Start Another Round of Funding Following $90 Million Initial Round

March 11, 2019 by Tokoni Uti at Altcoins, Blockchain, Business, Finance, Investment, News

Following a $90 million raise from KaKao Corp. for their upcoming blockchain platform, it has been announced on March 10, 2019, that they will begin a new round on March 12, 2019. Getting a Head Start As part of the latest group of South Korean firms venturing into blockchain such...

South Korean Government Pledges to Support Domestic Blockchain Projects

South Korean Blockchain Platform Klatyn Announces Partnership with Numerous Blockchain Firms

December 13, 2018 by Nigel Dollentas at Blockchain, Business, Development, News, Platform, Tech

Klatyn, the blockchain platform of South Korea’s Messenger Kakao, announced partnerships with several blockchain-based applications and projects on December 10th, 2018. Bringing Blockchain to the People These projects were selected due to the criteria of also being “large user pool-based service providers.” KakaoTalk, Kakao’s number one app has a 93 percent...

Two Stuffed Animals Jumping Blockchain in the Background

South Korea: Kakao and Terra Partner to Create Blockchain Ecosystem, dApps, and Stablecoins

November 17, 2018 by Shaurya Malwa at Altcoins, Blockchain, Business, Finance, News

Kakao, South Korea’s largest mobile carrier, has signed a partnership with stablecoin project Terra to collaborate on a blockchain-based payments system, reported Korea Times on November 15, 2018. Kakao and Terra Partnership Kakao’s native blockchain platform “Klaytn” is a highly-scalable protocol with average block times of one second and the...