Klaytn Partners with ConsenSys on Blockchain Solutions to Advance Korea’s Digital Currency Project


Privateness to mirror the rising concern round information safety amongst monetary establishments
Scalability layer 2 resolution to serve a lot of customers with out compromising pace
Interoperability to bridge a number of blockchains

These options shall be essential to optimize the CBDC platform that Klaytn is getting ready to take part within the Financial institution of Korea pilot later this 12 months. ConsenSys will architect an answer utilizing its Enterprise Ethereum stack, together with ConsenSys Codefi Asset, Codefi Funds, and MetaMask.

“We’re completely happy to cooperate with ConsenSys to strengthen our public community and in addition construct a non-public community that may cater to a profitable CBDC distribution take a look at,” stated Jason Han, the CEO of Floor X. “We additionally sit up for bettering the interoperability between Klaytn and Ethereum to permit digital property to seamlessly stream throughout two chains,” he added.

“We’re delighted to associate with Klaytn, a key participant within the public blockchain ecosystem, to reinforce the effectivity, safety, and scalability and pace of its operations on the Ethereum community. By way of this collaboration we’ll strengthen the efficacy of the Klaytn platform, readying it to course of transactions which might conceptually help CBDCs, and in addition optimize it for Ethereum Layer 2 integration,” stated Charles d’Haussy, Managing Director, Asia Pacific at ConsenSys.


“At ConsenSys we’re dedicated to advancing international CBDC efforts and have a robust monitor document within the area, helping eight main central banks world wide with CBD pilots. As such, we now have the unparalleled experience and infrastructural instruments required to construct the community capabilities for the safe and environment friendly issuance of CBDCs,” he continued.

About Klaytn

Klaytn is a world public blockchain platform developed by Floor X, the blockchain affiliate of the main South Korean Web firm, Kakao. Klaytn is a service-centric blockchain platform offering an intuitive growth atmosphere and pleasant end-user expertise. It’s constructed upon strong reliability and vital stability with substantial service growth for mass adoption. The platform permits actual world functions of huge scale to be produced straight away in order that our end-users could make full use of providers with out a lot experience in blockchain or cryptocurrency. For extra data, go to https://www.klaytn.com.

About ConsenSys

ConsenSys is the main Ethereum software program firm. We allow builders, enterprises, and folks worldwide to construct next-generation functions, launch fashionable monetary infrastructure, and entry the decentralized internet. Our product suite, composed of Infura, Quorum, Codefi, MetaMask, Truffle and Diligence, serves tens of millions of customers, helps billions of blockchain-based queries for our shoppers, and has dealt with billions of {dollars} in digital property. Ethereum is the biggest programmable blockchain on the earth, main in enterprise adoption, developer neighborhood, and DeFi exercise. On this trusted, open supply basis, we’re constructing the digital economic system of tomorrow. To discover our merchandise and options, go to http://consensys.net/.


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