Home blockchain technology Blockchain Project Klaytn Announces Collaboration With Huobi Global

Blockchain Project Klaytn Announces Collaboration With Huobi Global

  • Klaytn shared the new collaboration with Huobi Global.
  • Klaytn has previously collaborated with other firms to develop the Governance council Program to run its distributed network.
  • Huobi is working as a leading global Blockchain and digital assets business.

South Korean Internet giant Kakao’s leading Blockchain project Klaytn shared the new collaboration with Huobi Global. Klaytn is designed as a public Blockchain platform with the Mainnet launched in June the previous year.

Klaytn has previously collaborated with other firms to develop the Governance council Program to run its distributed network under the distributed governance collaboratively.

With the Klaytn platform ownership, the committee members work as key decision-makers for Klaytn’s business and technical force, which includes the consensus node network operation.

The committee also focuses on the development of the Klaytn based applications and integrations of applications to the related services. Including the new collaboration with Huobi, Klaytn has a total of 28 partnerships.

Since its introduction in 2013, Huobi is working as a leading global Blockchain and digital assets business. It provides a secure and swift trading platform and digital asset management services to 130 countries with millions of users across the globe.

The multi-chain Huobi Wallet, popular for its highly reliable security and seamless function, also supports Klaytn’s token, KLAY, and other Klaytn-compatible tokens. Klaytn is a global public Blockchain platform created by Ground X, falling under the Blockchain subsidiary of the South Korean Internet Company, Kakao.

Klaytn is a service-oriented Blockchain platform providing a progressive development ecosystem and friendly user experience. It is developed upon solid reliability and ground stability with substantial service development for global adoption.

The platform gives real-world applications on a large scale to be introduced right away so that the end-users can make full use of services without much experience in Blockchain or cryptocurrency.

The Vice President of Global Business at Huobi Group, Ciara Sun, said the new partnership develops Huobi’s mission to make Blockchain technology more reachable to users across the globe. Now the developers are looking forward to working closely with other Council members to increase the growth of the whole Blockchain ecosystem.

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Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

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