Blockchain Platform ‘Monachain’ Launched By Electronics Giant LG

Announcements, Blockchain | May 14, 2018 By:

LG CNS, a subsidiary of of South Korean electronics giant LG, has launched its own blockchain platform.

LG CNS provides information technology (IT) services including consulting, system integration, network integration, business process outsourcing, and information technology outsourcing. Currently, LG CNS is Korea’s largest IT service provider and has implemented a number of large-scale public IT infrastructure projects.


South Korea’s Shinhan Bank Signs With OmiseGo To Accelerate Blockchain Adoption

Announcements, Blockchain, News | April 10, 2018 By:

Shinhan Bank, one of South Korea’s largest commercial banks, has teamed with FinTech firm Omise and its blockchain payments platform OmiseGo to accelerate the adoption and implementation of blockchain technology in Asia.

The companies signed a Memorandum of Understanding (MoU) to establish a framework for the parties to work towards advancing the Shinhan’s digital offerings across its portfolio of payment services and mobile application.