• Fri, 19 Apr 2019, 12:36 PM
  • All times are UTC
  • Edition:
Link copied

South Korea-based SK Corporation C&C collaborates with ConsenSys to develop enterprise blockchain hub

Tue, 04 Dec 2018, 11:52 am UTC

SK Holdings C&C, the IT solutions unit of South Korea’s SK Group, has signed a memorandum of understanding (MoU) with blockchain startup ConsenSys.

Under the partnership, the firms will collaborate to develop an “enterprise blockchain development hub” for use by domestic businesses, The Korea Herald reported.

The companies will team to develop an enterprise blockchain business model utilizing “smart contracts” among authorized parties. According to the official release (via online translation:

“The MOU is aimed at creating and developing an 'enterprise blockchain ecosystem' that enables domestic companies to develop killer blockchain services quickly and easily by combining the two companies' blockchain technologies and services.

“The two companies will begin to explore business models for expanding their enterprise blockchain business through joint analysis of their respective blockchain platforms, technologies and services.”

SK said that the new platform may also include the main services and platforms offered by the IT arm’s Cloud Z solution portal that allows companies to develop blockchain-based services of their own. According to The Korea Herald, the available solutions include “a digital identification authentication service based on Hyperledger, a logistics blockchain service for shipping firms, a blockchain-based voting solution and a Ripple-based cryptocurrency launch service platform.”

In addition, the companies have also agreed to operate an Ethereum development trainer program by the end of the year and have discussed the development of a blockchain curriculum for developers best-suited to meet the needs of the Korean market.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
  • Bitcoin (BTC) $5,273.44 (+0.10%)
  • Ethereum (ETH) $173.36 (+0.99%)
  • XRP (XRP) $0.331700 (-1.63%)
  • Bitcoin Cash (BCH) $299.06 (-2.78%)
  • Litecoin (LTC) $81.85 (+1.80%)
  • Bitcoin (BTC) $5,273.44 (+0.10%)
Apr 19, 2019 (Friday)
RBI’s regulatory sandbox allows testing blockchain applications but not cryptocurrencies and ICOs
Volkswagen joins IBM-led blockchain initiative for provenance of cobalt
Samsung invests in keyless crypto wallet “ZenGo”
ICE mulls seeking BitLicense amid regulatory resistance from CFTC for Bakkt: Report
Binance announces mainnet launch of blockchain platform ‘Binance Chain’
Blockchain-focused VC fund “Proof of Capital” launches in US with $50M funding
Huobi OTC enables credit card deposit service via Simplex partnership
Apr 18, 2019 (Thursday)
Monex Group considers adding cryptocurrencies amid growing competition
Japan’s FSA to introduce new rules for crypto exchanges’ cold wallets: Report
Wirecard, Telegram’s TON partner to develop digital financial services and banking platform
E-Commerce giant Rakuten opens registrations for its cryptocurrency exchange
Enterprise Ethereum Alliance launches initiative to apply standards to tokenization
Crypto exchange Coinbase expands crypto-to-crypto support to 11 new countries
Crypto exchange Gemini adds full support for SegWit
Israeli shipping giant ZIM joins IBM Maersk blockchain shipping solution “TradeLens”
Ashton Kutcher’s Thorn looks to blockchain technology to eliminate child sexual abuse content from internet
Apr 17, 2019 (Wednesday)
Trading Technologies launches connectivity to bitcoin derivatives platform BitMEX
US SEC and FINRA to discuss digital assets and cybersecurity at National Compliance Outreach Program for Broker-Dealers
Blockchain smartphone maker Sirin Labs lays off 25% of staff
USDT launches on TRON Blockchain
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.