South Korean firm Kakao, one of the leading Asian messaging applications, has released the testnet of its new blockchain product, called Klaytn, the company said on Monday. Kakao will launch the project’s mainnet in the first quarter of 2019.

Klaytn offers a ledger technology solution for the development of decentralized applications (dApps). The project will host ten companies that can research how Klaytn blockchain works during the trial. The product wants to speed up the mass adoption of distributed ledger technology (DLT) by improving user experience (UX).

“Klaytn UX seeks to improve the inconvenient UX of existing blockchain platforms by allowing average end-users to experience blockchain technology…

This article appeared first on Cryptovest

Like this: Like Loading...