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Kakao’s Grand X launches its blockchain platform Klaytn

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Grand X, a subsidiary of the leading South Korean mobile operator Kakao, has unveiled the test version of their blockchain platform called Klaytn.


At the moment, the testnet version of this service-centered blockchain platform has only been offered to 10 partners of Kakako, along with a publicly available whitepaper to outline the network potential and capabilities. If all goes well, the mainnet version of the network is expected to be launched in the first quarter of 2019.


According to the information in Klaytn’s whitepaper, this network focuses on a seamless user experience for all parties, including developers and end users.


“The popularization of blockchain requires providing a practical blockchain service for mass adoption thereby validating the value and utility of blockchain technology. To achieve this, Ground X has designed Klaytn that can provide an easy and friendly environment for end users, service providers and developers all at the same time,” commented the CEO of Ground X, Jason Han.


The new blockchain network also offers tutorials and toolkits needed by developers for the building of blockchain-based services. Moreover, Klaytn promises higher efficiency, stability, low costs, and a combination of the security and transparency offered by public blockchains together with the performance and reliability of private blockchains.


Those aspiring to explore the possibilities of Klaytn’s blockchain network before it becomes publicly available can submit their application directly on the Klaytn website.

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