Blockchain platform operators under Korean tech giants Line and Kakao are to complete integration under the new brand name "kaia" in June, the entities announced Tuesday. Project Dragon, created through a merge of Kakao's blockchain platform Klaytn Foundation and Finschia Foundation under Naver's affiliate Line Tech Plus, said it plans to complete the integration of the respective blockchain ecosy.
Two blockchain platforms, each backed by IT giants Kakao and Naver, have unveiled the new brand identity of the new platform after their merger. Branded as Kaia, the unified blockchain ecosystem, will be launched by the end of June, according to the platforms.
Klaytn Foundation: Klaytn and Finschia Merge Proposal Passes, Creating Asia's Largest Blockchain Ecosystem finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Klaytn Foundation, operator of South Korea's leading Layer 1 blockchain Klaytn, announced today that its joint network merger proposal with Finschia Foundation, the Abu Dhabi-based foundation that is the independent successor to LINE Blockchain's mainnet and digital asset operations, has successfully passed voting by the two bodies' governance members. Accordingly, the two foundations will jointly launch an integrated mainnet to establish Asia's largest Web3 ecosystem.
Klaytn, Finschia blockchains merge, with new foundation to form in Abu Dhabi cointelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cointelegraph.com Daily Mail and Mail on Sunday newspapers.