Copy link
Increase text size
Decrease text size
Link copied

Ground X to launch public testnet of blockchain platform 'Klaytn’ on March 29

Wed, 20 Mar 2019, 11:04 am UTC

Ground X, the blockchain subsidiary of South Korean internet giant Kakao, recently shared the vision and roadmap of its global public blockchain platform 'Klaytn,' and announced the third batch of 9 more initial service partners.

Earlier this month, Ground X raised $90 million in a private coin offering, Bloomberg reported.

The latest batch of initial service partners come from various industries including social dating, bicycle sharing, ticketing, and healthcare. Together with the previously announced 17 service providers, the third batch of 9 more partners brings Klaytn’s total initial service partners to 26. The third batch includes:

  • Carry Protocol which aims to build a blockchain platform to connect offline merchants with customers.
  • A social dating application service called 'Palette' operated by a Japan-based game company 'Cocone' with over 1 million DAU.
  • Netherlands-based GET Protocol, which offers a blockchain-based smart ticketing solution that eliminates ticket fraud and exorbitant prices.
  • Argentina-based The Sandbox, a decentralized community-driven platform where creators can make voxel assets to enjoy the gaming experience and monetize their assets on blockchain.
  • HAWK, a blockchain-based e-scooter sharing technology supported by 'UChain' whose service includes 'U-bicycle,' an urban-bike sharing platform popular around Canada, China, and the U.S. with over 30 million users.
  • QueryPie Protocol, a blockchain-based database management toolkit operated by 'CHEQUER,' which developed an IDE database tool called 'SQLGate'.
  • SIXR, a blockchain project developed by 'Future Stream Networks' of 'Yellow Digital Marketing Global'.
  • Festy, a blockchain-based payments and data intelligence service from Ireland.
  • HEX, a platform specialized in the development and operation of personal health record management applications.

Klaytn launched the testnet 'Aspen' exclusively to its partners last month and plans to release the public testnet 'Baobab' that any developer or service provider can use on March 29. The mainnet will launch at the end of June.

According to the official release, Baobab will help eliminate the traditional inconveniences such as private keys and cryptograph addresses, while maintaining the enhanced speed and high security. Also included in Baobab are scalability solutions for blockchain services with large traffic.

“We are developing the Klaytn platform in a way that any user, developer, or service provider finds intuitive to use, and together with our partners, we will provide user-friendly blockchain services on Klaytn,” Jason Han, the CEO of Ground X, said.

"Klaytn is the very first blockchain project with a prospective user base of tens of millions. Together with our partners, Klaytn will take the blockchain industry to the next level by focusing on creating meaningful real use cases."

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $9,120.42 (+2.80%)
  • Ethereum (ETH) $176.01 (+3.94%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $358.75 (-1.31%)
  • Bitcoin SV (BSV) $266.73 (-0.68%)
  • Bitcoin (BTC) $9,120.42 (+2.80%)
Jan 17, 2020 (Friday)
13:42
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:42
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:50
Crypto dealer SFOX announces new service for investors and wealth managers
11:10
Binance in talks with TaoTao and Z Corporation for strategic partnerships in Japan
10:09
Crypto Technicals: NEO/USD set to scale new highs, 200-DMA breakout confirms bullish trend
10:08
Crypto exchange Gemini launches own insurance company "Nakamoto"
09:29
eToro, Radar and OKCoin join Coinbase-led Crypto Rating Council
08:55
Huobi joins Blockchain Turkey Platform (BCTR)
08:21
U.S. authorities urged to investigate crypto use in funding domestic terrorism and extremism
07:38
Calibra, Anchorage, Bison Trails executives elected to Libra’s new technical steering committee
07:01
Crypto Technicals: LTC/USD bounces off 5-DMA support, eyes next major hurdle at 200-DMA (65.43)
07:01
U.S. lawmakers seek tax exemption for crypto transactions under $200
06:19
Former CFTC Chair launches Digital Dollar Project in partnership with Accenture
05:56
Crypto Technicals: ETH/USD resumes upside after brief pause, eyes 23.6% Fib at 174.83
04:46
Uzbekistan to launch national mining pool and licensed cryptocurrency exchange
04:27
Crypto Technicals: BTC/USD extends sideways below 200-DMA, bias bullish
04:21
Garanti BBVA conducts real-time blockchain transfers using Takasbank's BiGA Platform
Jan 16, 2020 (Thursday)
13:51
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:51
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
12:21
Litecoin Foundation, BlockFi partner to bring more liquidity to users
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft