[ Partners#1 ] LN venture group x Reapchain

ReapChain(REAP)

Published in

ReapChain Official

3 min readApr 7, 2021

Dear Community, This is CMreap team.

In this time, Reapchain has come to you with a new name, CMreap😊

You might think of the capital city of Cambodia, ‘Siemreap’ which is famous for Angkor Wat. It is a one of the famous tour destinations all over the world and many people gather to see the historic sites.

In the future, Reapchain team also want to increase global recognition as good technology. Of course, CM also means Community Manager!

The first contents is that “Introduction Reapchain’s Major Partners”

Today, The first partner is “LN VENTURE GROUP”!

LN VENTURE GROUP

LN Venture Group, led by Group Chairman Lee Jeong-han, has subsidiary company such as Reappay, Coinvest, etc! This company is located in Gyeongsan and the branches is located in Seolleung, Seoul. It is also a company that has a close relationship with Reapchain and grows rapidly.

The chairman of the group said that Blockchain is the only technology to solve security problems in the 4th industrial revolution. As such, it can be said that he pursues coexistence through this spirit of blockchain.

As an external, LN group aims to realization of a transparent and safe sharing economy based on a block chain-based integrated solution.

Let’s look at more details!

LN Venture Group provides a blockchain-related data security system and main-net platform. In addition, the company is also focusing on the development of the business model, ‘Reap BaaS’.

In addition, it is executing various projects based on hybrid blockchain (shell-core structure) and aiming to advance into the global market, using these projects.

LN Venture Group x ReapChain

Shell-Core Structure is a hybrid blockchain that combines with a private blockchain (ReapMiddle Chain) and a public blockchain.

It consists of a dual structure in which a fast private blockchain is placed outside and processed at first, and a public blockchain with strong security and decentralization is placed inside and processed afterwards.

This structure improves security and processing speed of transaction.

In addition, Reapchain’s Proof of Double Committee(PoDC) consists of 14 standing committee nodes that are always operated and 15 operating nodes that are elected with a quantum random number. A total of 29 nodes participate in the consensus process for block generation to the decentralization.

This can help to overcome the blockchain trilemma problems!

LN Venture group x Reapchain, we’re looking forward to the future.

We thank you for your support.

Best regards,

CMreap Team.

Attached a link of the main articles.

Jeonghan Lee, CEO of LN Venture Group, “Developing Blockchain Security Technology Recognized Overseas”

https://www.ajunews.com/view/20201207141347815

“Reapchain Is a Device-to-device Security Blockchain as a Service(BaaS)”

https://it.donga.com/30780/

Awarded Korea Brand Awards

http://lngroup.kr/board/?r=view&b_code=b_news&uid=38