Kakao’s Blockchain Platform Klaytn Partners With Eight New Blockchain Projects

Blockchain, News | December 11, 2018 By:

Klaytn, a blockchain platform developed by South Korean chat giant Kakao subsidiary GroundX, has partnered with service providers with massive user base to drive mainstream adoption of blockchain.

Klaytn is a blockchain platform that provides an optimized platform for service providers to develop and operate decentralized applications (DApps). It prioritizes its efforts on the mass adoption of blockchain services as to substantiate the value and utility of blockchain technology. In October of this year, Klaytn launched the testnet exclusively to the first batch of its initial service partners, including Wemade Tree, Piction Network, Hint Chain, Nabu Studio, Airbloc, Cosmochain, VETTA, Humanscape, and Rayon.

In its latest announcement, Klaytn announced that it established additional partnerships with eight blockchain projects developed by large user pool-based service providers. These include:

  • Contents Protocol, a content review data platform powered by Watcha, a film rating and recommendation app with 4.5 million users. The protocol records users’ film-related activities including ratings, reviews, and recommendations performed within ‘Watcha Play’ onto blockchain technology and rewards users based on their contribution.
  • Atlas, a blockchain-based travel content and transaction platform developed by China’s luxury travel company Zanadu with an established user base of 2 million high-end travelers. The platform connects all consumers and suppliers in the travel industry to a decentralized marketplace that incentivizes content creation, transaction and consent-based sharing.
  • BORA, a blockchain-based game and digital content platform, developed by Way2Bit. BORA proposes solutions to revitalize digital content service distribution and user participation based on transparent transaction records on blockchain.
  • SPIN Protocol, a decentralized commerce ecosystem that directly connects suppliers and influencers using blockchain technology. The platform eliminates any intermediaries that hinder the transparent and fair market plays and provides technical supports to operate commerce business easily for independent influencers.
  • Cloudbric, a deep-learning security solution spun-off from the global security tech firm Penta Security. It offers a WAF, DDoS protection, and SSL solution and protects websites from SQL injection, cross-site scripting, identity theft, website defacement, and application layer DDoS attacks.
  • Insureum, a data-sharing blockchain protocol for the enrichment of the insurance value chain, powered by the healthcare startup Zikto. The Insureum Protocol uses blockchain to create a decentralized ecosystem that connects insurers, their policyholders, and third parties.
  • Knocknock, the blockchain ID verification project of Singapore-based identity authentication company IDBook.
  • Antube, a short-video entertainment service powered by ‘DATA’ integrated with Yomob, a mobile ad monetization platform which serves ads to over 120 million users on monthly basis.

Klaytn said that after completing the testnet run to its exclusive partners, the platform plans to launch the mainnet in the first half of 2019. Until the official mainnet release, Klaytn will continue to expand its partnerships.

“Klaytn is partnering with successful firms that have developed and operated services accruing millions of users, and the collaboration will contribute to building a user-friendly blockchain service,” said Jason Han, the CEO of Ground X, heading the development and operation of Klaytn. “Together with initial service partners, Klaytn will take the blockchain industry to the next level by focusing on creating meaningful real use-cases, which stands as the next key challenge in our industry.”