Actively developing “Mainnet”, the core blockchain technology
As blockchain, a distributed data storage technology, develops and market demand increases, related companies are making various attempts.
Blockchain startup companies are actively taking steps, such as focusing on developing or selling the mainnet, a network that actually launches and operates their own blockchain projects.
Employees are engaged in mainnet development to integrate blockchain technology into our industry as a whole.
Jeonghan Lee: “The 3rd generation blockchain currently being developed is a platform that mediates various tangible and intangible asset transactions, and the fields of application are increasing, and convergence with other industries is actively progressing.”
According to the announcement by the Information and Communication Industry Promotion Agency, the size of the domestic blockchain market last year was KRW 133.6 billion.
It is expected to increase to KRW 220.6 billion this year and KRW 356.2 billion in 2022, recording higher growth year by year.
Jeonghan Lee: “Here, we are developing and researching the mainnet based on a hybrid block chain specialized for IoT, and BASS (Blockchain As A Service) system is also being developed at the same time.”
Blockchain is drawing attention as a security measure in the IoT field, which is rapidly improving such as gigabit internet and 5G mobile communication.
Jeonghan Lee: “The recorded distributed ledger is stored in a block-type structure, and since all distributed ledgers must be modified to modify the existing stored data, the blockchain is safe from hacking or forgery. You can protect your data.”
As platforms based on blockchain technology emerge as business models in various industries, interest in blockchain technology is spreading.
Given this situation, blockchain startup companies are actively taking steps, such as expanding and implementing token economy, that is, a virtual asset utilization service, and partnering with companies.
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