Kakao’s blockchain platform Klaytn announces eight new partners

Klaytn, a blockchain platform announced by South Korean internet giant Kakao's blockchain subsidiary GroundX, has announced its partnerships with blockchain projects developed by large user pool-based service providers.

Earlier in October, GroundX unveiled Klaytn and launched its testnet version. In the same month, Klaytn announced its nine initial service partners which include Wemade Tree, Piction Network, Hint Chain, Nabu Studio, Airbloc, Cosmochain, VETTA, Humanscape, and Rayon.

In its latest announcement, Klaytn said that it has forged partnerships with 8 more blockchain projects, which includes:

• 'Contents Protocol,' a content review data platform powered by 'Watcha', a film rating and recommendation app with 4.5 million users.
• 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.
• BORA, a blockchain-based game and digital content platform developed by Way2Bit. It proposes solutions to revitalize digital content service distribution and user participation based on transparent transaction records on blockchain.
• 'SPIN Protocol,' an influencer driven-social commerce platform which allows users to work as global influencers and individual sellers by efficiently handing cross-border transactions, shipping, and customer service concerns.
• 'Cloudbric,' a deep-learning security solution spun-off from the global security tech firm 'Penta Security'.
• 'Insureum,' a data-sharing blockchain protocol for the enrichment of the insurance value chain, powered by the healthcare startup 'Zikto'.
• 'Knocknock,' a blockchain-based ID verification service powered by Singapore-based 'IDBook' in technological partnership with 'WEWAY'.
• 'Antube,' a short-video entertainment service powered by 'DATA' integrated with 'Yomob,' a mobile ad monetization platform.

Klaytn said that these partnerships are aimed at driving mainstream adoption of blockchain. After completing the testnet run to its exclusive partners, Klaytn plans to launch the mainnet in the first half of 2019. Until then, Klaytn said it 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."