Block Chain to Accelerate Entry into Large Enterprises, Service Competition Begins
Establish platform for block chain … Full-service competition
Expansion of various fields such as finance, logistics, distribution
[Seoul-NewSis] Reporter Lee Jong-hee = ‘Ugly Duckling’ was considered a blockbuster field in the domestic large companies are continuing to advance. There is still an unmistakable eye on cipher money, but it is having a positive impact on related industries as bigger companies are involved than startups.
These large companies are not only developing their own technologies, but are also taking the initiative in creating business models by starting services for businesses and consumers.
An ICT (Information and Communications Technology) company that aspires to build a token economy using block-chain technology. Among them, dinosaur IT companies Kakao and Naver entered their main net construction and ecosystem expansion.
Ground X of Kakao’s block chain technology company introduced its own developed global public block chain platform ‘Klaytn’. Clayton focused on improving the user experience (UX) limitations of existing block-chain platforms so that ordinary users who are unfamiliar with block-chain technology can access block-chain technology naturally and easily.
“We want to minimize the uncomfortable experiences we see as barriers to entry for our customers, such as setting up a password wallet to store tokens, and managing a private key to use a wallet,” Ground X said.
Clayton will officially open its mainnets during the first quarter of next year after running testnets on limited partners. We will make further efforts to expand the base of the block chain by further partnership with proven companies until the main net opens.
Naver established ‘Line Financial’ to strengthen its financial business, and announced the start of a full-fledged password exchange and exchange business. It also released its own cryptographic link (LINK). A link is a cipher that runs on a link chain (LINK Chain), a block-chaining platform on a line, and is paid as a reward according to the user’s contribution in the dApp.
Link will be used as a payment and reimbursement service for various services such as content, commerce, social, game, and currency exchange as well as the user’s compensation based contents of future lines.
SK Telecom plans to release a service to manage and pay assets by block chain and to build its own block chain platform sequentially.
We are planning a business that manages financial and non-financial assets such as bank accounts, credit cards, and mileage, and passwords, and provides payment services tailored to their lifestyle.
In addition, SK Telecom presented a new business direction that will serve as a ‘token exchange hub’ that matches block chain start-ups and investors.
The ‘Token Exchange Hub’ helps start-ups and small businesses secure and transparent transactions through systematic administrative support and advice when issuing passwords through ICO (Cryptographic Public Disclosure).
To this end, SK Telecom will support continuous growth through support programs for block-chain start-ups rather than one-off investor matching, and intend to foster social enterprises based on block-chain technology.
System integrators (SI) companies are focused on delivering enterprise-wide solutions using a “private block chain” that limits network participants.
Samsung SDS is developing its own block chain platform, ‘Nexledger’. Nex leisure is characterized by real-time mass transaction processing that was difficult to implement with existing block chain technology, smart contracts that automatically execute transactions securely, and management monitoring.
Samsung SDS has established a joint certification project in which banks’ associations and domestic commercial banks hold a transaction book, while Samsung SDI establishes a global smart contract system that enables certification, registration, did.
In terms of logistics, 38 maritime transportation processes are integrated, and Seoul City plans to apply block-chain technology to enhance transparency in youth allowance and JanghanPyeong used car market.
LG CNS has released its own block chain platform ‘Monachain’. Mona Chain is an enterprise block-chain platform that can be applied in all areas of industry including finance, public, communications, and manufacturing.
Mona Chain offers digital certification, digital community currency, and digital supply chain management services.
LG CNS is preparing community money business with commercial banks. LG CNS will provide a block-chain platform for banks, and banks will operate in a way that handles currency issuance and distribution.
LG CNS recently reorganized its block chain specialists and created a dedicated organization of 50 members under the CTO. It plans to speed up the block chain business by increasing the number of people more than twice.
SK C & C is making an effort to create an enterprise block chain ecosystem by signing a Memorandum of Understanding (MOU) on strategic business cooperation to develop a new business model for the block chain with the global block chain company ConsenSys.
After analyzing the block chain platform, technology and service, the two companies will develop a business model for expanding the enterprise block chain business, and discuss the main service and platform of consensus in SK C & C’s Cloud Z.
Source: http://www.newsis.com/view/?id=NISX20181230_0000516526&cID=13001&pID=13000
