Jelurida participated in the Swiss Public Chain Landing in South Korea Summit

Overview

South Korea is one of the countries with the highest per capita participation in blockchain investment in the world. South Korea, with a population of 51 million, has strong economic and technological capabilities and is a producer and early adopter of new technologies. In the emerging field of virtual currency, South Korea’s participation is particularly prominent.

South Korea is one of the leading countries in terms of virtual currency trading and adoption, and investing in, trading, and using virtual currencies is very common in the country. According to statistics, in 2017, South Korea’s per capita virtual currency trading volume exceeded other countries in the world.

Millennials in South Korea have shown great enthusiasm for Ethereum, with many young people investing all their savings in the virtual currency. Daily trading volumes on exchanges have reached crazy levels. Before the end of 2021, more than one-third of South Koreans had invested in virtual currencies. Although South Korea accounts for less than 1% of the world's population, it contributes 30% of the world's total virtual currency transactions. At one time, South Korea was the third largest Bitcoin market in the world, behind the United States and Japan, and one of the largest markets for Ethereum.

Public chain

Let’s take a look at some blockchain projects developed under the leadership of large Korean companies:

Klaytn

Klaytn is the public blockchain platform of Kakao, South Korea’s top mobile platform. Kakao's subsidiary Ground Klaytn is a service-centered blockchain platform that utilizes KLAY's ecosystem "Klaytn" to provide services to related companies.

Flatun

Samsung Electronics is developing its own blockchain platform "Flatun" specialized for mobile phones, its own blockchain mainnet called "Platoon" and various decentralized applications (DApps) running on platoon. . The first application developed on Platoon is the HR service "Mobileway Wallet" using the token economy. When requesting business assistance from colleagues in other departments through Mobileway Wallet, you must send "Samsung Tokens" to your colleagues. The more Samsung Tokens your employees have, the more favorable they will be in the personnel evaluation.

Korea Blockchain Week: KBW2022

Korea Blockchain Week 2022 (KBW2022), hosted by FactBlock and co-hosted by Hashed, is the premier crypto and blockchain event that brings together industry professionals to discuss and redefine the future of finance.

Located in the center of Seoul, the series of activities will include keynote speeches, panel discussions, pitch competitions, investor gatherings, and a communication platform for crypto enthusiasts. Industry leaders such as Buterin and CZ will participate in the activities as guest speakers. .

Jelurida attended KBW2022

Jelurida is a blockchain software company headquartered in Switzerland. It has been steadily building blockchain ecosystem solutions since 2013. Jelurida's team has been developing new technology solutions to address some of the many challenges associated with emerging technologies. Currently, Jelurida develops and maintains the Ardor, Ignis, and Nxt blockchains, which together form the Jelurida ecosystem. Ignis is a fully functional low-fee subchain on Ardor, while Nxt is a universal framework for the ongoing transformation of blockchain technology.

This time, Jelurida’s Korean branch will represent Jelurida at the 2022 Korea Blockchain Week event, showcasing the development of public chains such as Ardor and Ignis, and communicating with industry elites from all over the world. Welcome to participate!

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