Launched in June 2019, Klaytn is a public blockchain platform providing an accessible user experience and development environment in order to convey the value of blockchain technology. The platform combines the best features of both public blockchains (decentralized data and control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design.
Klaytn aims to bring blockchain technology to all types of users, from micro startups to enterprise divisions. The company’s mission is to make decentralization via blockchain available on a global scale. In addition, the project has already secured interest from numerous highly reputable brands around the world.
Jaesun Han is the founder and CEO of GroundX, the company behind the Klaytn blockchain. Han has a Ph.D. in electrical engineering and computer science from the Korea Advanced Institute of Science and Technology. His professional career started as a postdoctoral researcher for KAIST, where he conducted extensive research into distributed computing.
His first jump towards entrepreneurship was in 2007, when Jaesun Han founded NexR, the first big data and cloud computing tech startup in Korea. In 2008, Han took up a position as a chairman of the board of the Consortium of Cloud Computing Research. In November 2011, Jaesun Han became the CTO of KT Cloudware, a company dedicated to technically support KT Ucloud services.
Aside from his business and entrepreneurial ventures, Jaesun Han is also a credited adjunct professor at KAIST.
You can easily deploy your own chain or join other chains on Klaytn without any technical knowledge required; you don't need to be an expert in cryptography or have a deep understanding of blockchain technology. Without the need to consult a highly specialized technical advisor, anyone can launch their own token economy ecosystem on Klaytn, according to their literature.
As an ecosystem of a wide array of decentralized applications (DApps), Klaytn presents users with the opportunity to find or develop the right type of application for their needs. Because of the decentralized nature of the platform, users have virtually unlimited use cases before them, as app publication is not restricted. Klaytn supports DApps in a multitude of spheres, including digital asset management, art collecting and trade, game development, and decentralized exchanges.
Because of this versatility, Klaytn has attracted the attention of institutional investors like Humanspace, Wemade Tree and Piction Network.
* Forex Rating accepts no liability for any errors in the Klaytn Price or KLAY Information. For the most recent information please visit the Klaytn official site.
The Terra stablecoin UST’s depegging issue caused a widespread dump in all crypto assets as the debacle starts to deteriorate. On Monday, huge volumes of redemptions for the UST...
17 May 2022
On Monday, Bitcoin was down 3.6%, ending the day around $29.9, but is trading back above $30K on Tuesday morning. Ethereum has little changed over the past 24 hours...
17 May 2022
Bitcoin is down 9.4% over the past week, ending at around $31,000. Ethereum lost 16.1%, while other leading altcoins in the top 10 fell from 13.9% (Binance Coin) to 25.4% (Solana)...
16 May 2022
Bitcoin added 0.6% on Thursday, ending the day around $28,600, a modest gain but a significant intraday win. Bitcoin managed to find support near $25K on Thursday morning...
13 May 2022
Cryptocurrency giant Bitcoin is in free fall, as pressure on cryptocurrency regulations grows as does fear and risk aversion, after US Treasury Secretary Janet Yellen called...
13 May 2022
The price of bitcoin slid last week after a wider stock sell-off in the U.S. sent the cryptocurrency market into a frenzy, prompting the digital asset to plummet towards $36,000 by late Friday trading...
11 May 2022
© 2006-2022 Forex-Ratings.com
The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.