ConsenSys to develop non-public model of Kakao’s Klaytn blockchain By Cointelegraph

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ConsenSys to develop non-public model of Kakao’s Klaytn blockchain

software program firm ConsenSys has fashioned a technical partnership with Kakao’s Klaytn blockchain, with a view to creating a non-public platform for the issuance of a South Korean CBDC.

Klaytn is a public blockchain developed by Floor X, a blockchain affiliate of the South Korean web firm Kakao. Finest identified for its Kakao Discuss cellular messaging app, Kakao has since branched out into the purchasing and journey industries, amongst others. In 2019 the corporate commenced work on the Klaytn blockchain, which by the point of publication has the twenty fifth largest market cap within the cryptocurrency house.