Kakao Teases 2019 Launch of Crypto Wallet, Dapp Partners
Messaging app giant Kakao – which launched its own blockchain in June – has teased the release of a crypto wallet dubbed "Klip" later this year.
Binance has joined the governance council of Kakao's Klaytn blockchain network as the project scrambles for partners and use cases.
The "klay" cryptocurrency from messaging app giant Kakao is to make its first official exchange listing on Upbit later this month.
Kakao's in-development wallet for its "klay" cryptocurrency will support dapps and tokens based on the firm's blockchain tech. The bad news is the launch has been delayed.
The government may not allow the coin to trade on a domestic exchange so it will look to other countries.
One of the oldest and largest banks in South Korea has partnered with two fintech firms to build a new security system using blockchain tech.