Browsing: Klaytn

What is Klaytn?

Klaytn is a global public blockchain platform developed by Ground X, the blockchain affiliate of the leading South Korean Internet company, Kakao. Klaytn combines the best features of both public blockchains – decentralized data & control, distributed governance – and private blockchains – low latency, high scalability – via an efficient ‘hybrid’ design. It focuses on empowering businesses and entrepreneurs to offer services with responsiveness, robustness, and usability on par with those based on legacy technologies so as to remove all adoption hurdles. Klaytn is also secured by participation from numerous highly-reputable brands around the globe, including LG Electronics, Worldpay, and many others, working together to create a reliable business platform atop a robust system of decentralized trust.