On 20th March, FLETA signed a technical agreement with Intelligent Blockchain Research Center of Sogang University(IBRC) that aims to advance the blockchain research and develop blockchain technology that can lead the global market.

In 2017, IBRC was selected as an ‘Information & Communication Technology University Research Center’ from the Ministry of Science and ICT. After that, they continuously signed an MOU with well-known universities’ blockchain institutions, including technology blockchain centers of the Technical University of Munich, Goethe University Frankfurt, and University College London. It also co-works with Seoul city to support the blockchain industry of South Korea.

Through this MOU with IBRC, FLETA will develop core blockchain technologies. In particular, they together will focus on developing lightweight scalable blockchain algorithm, an advanced blockchain technology with high speed. Team FLETA is excited about future improvements in FLETA’s blockchain technology that will be accomplished with IBRC.

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