IBM Korea will launch a block chain (distributed storage technology) business based on cloud (virtualization server). It provides advice and technical support to build your private block chain system.IBM Korea is collaborating with Pinotek, a technology finance company, and Bezant Foundation, a block-chain platform company.First, Pinotek is building a block-chain-based virtual currency platform. Pinotek operates the ‘Liberium’ -based cryptography ‘bin’ while running the social network service (SNS) ‘Livin’. Pinotek protects the information of SNS users from straying and tampering with IBM Korea cloud block chain technology while compensating them with virtual money.In addition, IBM Korea is making the Vestang Foundation and the service type block chain platform. The two companies plan to build a platform that allows their partners to develop a decentralized application (DApp) or cryptographic disclosure (ICO) without the need for specialized block-chain developers to meet their needs.”As we have more than 400 block-chain project experiences worldwide, we will be able to provide differentiated services and benefits to our customers,” an IBM representative in Korea said.

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