Kakao will develop its own blockchain platform

The South Korean company is finalizing details of its new tool, which will be called Klaytn and will carry on about 1,500 transactions per second

This week, the South Korean company Kakao reported that it is about to launch its own blockchain platform, which will be called Klaytn.

This information was published through a press release issued by the company, where they explained that the test network was made public for 10 special guests.

They added that Klaytn will have both Ranger nodes and consensus nodes to ensure transparency and scalability.

On the other hand, the branch of the company in charge of creating this platform (Ground X) explained that this tool will be able to make about 1,500 transactions per second.

In addition, in order to attract new customers to its current portfolio, the company will distribute about 10 billion of its KLAY tokens, which will be able to work on both types of nodes.

K. Tovar

Source: Coincrispy

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