Orbs Launches Partnership with Kakao Subsidiary Ground X, Opens Office in South Korea

ORBS HQ
Aug 30, 2018 · 3 min read
Banner by Marina Rudinsky

is proud to announce we have established a strategic partnership with , the blockchain subsidiary of leading South Korean internet company , for research, development, and business cooperation.

Orbs has also opened its Seoul headquarters, with five full-time employees hired to drive further business development in the region. Orbs’ expansion into South Korea, a leading global blockchain hub, demonstrates a commitment to tapping into the country’s significant blockchain talent to spearhead technical innovation in the space worldwide.

Uriel Peled (left), a co-founder of Orbs, and Jason Han, CEO of Kakao’s blockchain subsidiary firm, Ground X, pose for a photo after signing an MOU on Aug. 29

Orbs will collaborate with Ground X to conduct research and development on shared blockchain components, such as a crypto library, mutual security audits, and autonomous swaps — an advancement that would facilitate decentralized interoperability of cryptocurrency assets.

Additionally, our two teams will write joint research papers and conduct peer review on code which is vital to the core development initiatives of both blockchain infrastructures. Orbs and Ground X will also support one another’s business development.

Banner by Marina Rudinsky

Orbs Opens Seoul Office, Launching Orbs Korea

This work will be complemented by the opening of Orbs’ Seoul headquarters this month. The new location has hired five full-time employees to manage marketing and community relations efforts, in addition to strategic partnerships and business development work.

One of our co-founders, Uriel Peled, says:

“It’s no coincidence that Orbs decided to open its first office outside of Israel. With leading conglomerates such as Kakao entering the space, South Korea is currently leading the pack when it comes to innovation and development in the blockchain space and has the potential to become ‘The Blockchain Nation.’”

“Partnering with Ground X on innovative blockchain development will facilitate the continued evolution of both of our platforms, and enable those at the forefront of dApp development to experience unrivalled security, liquidity and scalability. In addition, by opening our office in Seoul, we are cementing our presence in a region that we view as fundamental to blockchain’s future.”

Ground X CEO Jason Han added:

“Ground X’s partnership with an industry leader of the technical sophistication of Orbs represents a significant step forward for the blockchain space both within South Korea’s borders and globally. Through our long-term collaboration, we look forward to building a collaborative network that will advance our mission of leveraging blockchain technology to drive private and public sector innovation within Asia and elsewhere. Ground X is also proud to have Orbs as our local partners in Israel to further establish and solidify our presence in another global technology hub.”

“This MOU with Orbs is a part of Ground X’s plan to form the Blockchain Tech Alliance. Ground X is planning to collaborate with other outstanding local and global blockchain tech companies and institutions to develop a high-end blockchain platform and to create a sound blockchain ecosystem. We will not only be covering technologies of blockchain platforms, but also building a collaborative network covering diverse areas, including security and DApp technologies.”

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