Cocoa: Korean Messenger launches Klip

Social networks all over the world recognize the Potential of the Blockchain for themselves. "The Klip Wallet" is the Name of the Kryto-product of another Social Media group. This time it is the South Korean Messenger Kakao, which brings its own crypto-currency on the market. After a test version is online, will released the product in the second half of the year entirely on the Klaytn-Blockchain.

From Polina Khubbeeva
13. August 2019BTC$11.401,00 -0.43%part Facebook Twitter LinkedIn xing mail

As the South Korean news media News1 on 12. August reported, the Messenger of cocoa, a own crypto-Wallet. The Wallet with the name "Klip" also supports the company's own Token "Klay". According to the Report, launched cocoa already has a Test Version of the Wallet on the KakaoTalk App. The full Version will be published accordingly, in the second half of the year 2019.

The publicly listed IT company Kakao Corp is, however, as the Internet giant in South Korea. He operates in addition to the eponymous Messenger, KakaoTalk also the search engine Daum. In the future, about 50 million users worldwide will have access to the Klip-Wallet.

Klip runs on the Klaytn-Blockchain

the cocoa-subsidiary GroundX has Developed Klip meanwhile. This is the Blockchain-the wings of cocoa. GroundX-CEO, Han Jae-Sun stressed that the Integration of the Wallet in the popular Messenger is primarily to improve accessibility of crypto-currencies for the users.

among the features of Klip, in particular, Finance Apps, Create content, and block chain-based Online Games, for the User Token earned can use. The Wallet supports but also other tokens that are associated with the Klaytn Mainnet, on the Klip runs. This is also part of cocoa.

Klaytn was launched in June 2019 and received the investors ' funds in the amount of 90 million US dollars. Originally, cocoa 2018, announced 300 million dollars for the Launch of their own tokens to collect. In addition to the development of Klip GroundX also plans a second ICO for Klaytn, which is why the company has its official seat in Japan. South Korea is pursuing-namely, a strict Anti-ICO-line.

According to representatives of cocoa Klaytn is apparently 15 times faster than the Ethereum block Chain. Instead of every 15 seconds – as in the case of Ethereum – mint the network every second a Block. The companies that use the Klaytn network, come according to media reports, a market with a total value of approx. 64,8 billion dollars. Until October of this year, cocoa will allow up to 34 dApps on Klaytn run. The Klip project is apparently only the beginning of cocoa cryptographic commitment.

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