Kakao’s Venture Capital Arm Invests In Crypto Stablecoin Terra

Investing, News | March 4, 2019 By:

Blockchain project Terra has received an undisclosed investment from Kakao Ventures, the early-stage venture capital and independent subsidiary of South Korean Internet giant Kakao.

Terra is a blockchain protocol of money that ensures price-stability by algorithmically expanding and contracting supply. The company has developed a price-stable digital currency that is designed for mass adoption.


Blockchian Payment Platform Launched By Mongolia’s Capital City

Blockchain, News | January 14, 2019 By:

The city of Ulaanbaatar, the capital of Mongolia, has teamed with South Korean blockchain project Terra to launch a blockchain payment system.

Ulaanbaatar, Mongolia’s largest city, is the country’s cultural, industrial and financial heart, the center of Mongolia’s road network and connected by rail to both the Trans-Siberian Railway in Russia and the Chinese railway system.