Kakao’s Blockchain Platform Klaytn Reveals First Batch Of Initial Service Partners

Klaytn, a blockchain platform developed by South Korean chat giant Kakao subsidiary GroundX, has introduced the first batch of its initial service partners.

Klaytn, unvieled earlier this month, aims to provide an enterprise-friendly development environment, optimized computation speed and scalability, as well as UX / UI that is convenient for general users. The platform eliminates the traditional inconveniences including wallets, private keys, and cryptograph addresses in order to lower the barriers to blockchain technology for normal end-users. It focuses on providing an optimized platform for service providers to develop and operate decentralized applications (DApps).

Klaytn, which launched its testnet on October 8, announced that it has partnered with 9 enterprises in various industry domains, including gaming, content, and others. The partners will contribute towards further supplementing the platform and releasing DApp services for the mainnet launch.

Klaytn’s initial partners include:

• Wemade Tree: Klaytn will connect Wemade’s market-proven popular game contents, including its diverse portfolio of IPs, with blockchain technology. By working together with Klaytn, Wemade Tree will leverage the partnership to build a blockchain game ecosystem, while internally progressing its efforts to solve scalability and speed challenges.
• Piction Network: the digital contents ecosystem incentivizing user participation with focus on individual creators, as powered by Battle Entertainment. Piction Network will first be applied to the webtoon platform Battle Comics.
• Hint Chain: the food data marketplace with 3.5 million users. It will be applied to the popular recipe service called Haemuknamnyeo.
• Sportsplex: the fantasy sports service covering popular leagues including MLB and NBA. It was developed by former CEO and core members of NHN Black Pick.
• Airbloc Protocol: the personal data marketplace for targeted advertising, business intelligence and research.
• Cosmochain: the beauty contents platform integrated into beauty-themed social network service ‘Cosmee’ with fully-functioning user incentivizing features serving over 10,000 DAU’s
• VETTA: a crowdfunding platform for promising games selected by GTR, a top global game accelerator
• Humanscape: the data marketplace handling patient-generated health data through blockchain with established partnership with major medical institutions
• Rayon: the subsidiary of Finda, developing a marketplace for counteroffer loan products

After completing the Klaytn testnet run to its exclusive partners, the platform plans to launch the mainnet in the first quarter of 2019. It also plans to make additional partnerships with established corporates, and the second batch of partners will be released soon.

“Together with our partners, we hope to scale the reach of blockchain in market and of course, ultimately, contribute towards popularizing blockchain,” the company said.