LINE establishes a Korea-based blockchain affiliate

Japanese chat giant through its mobile platform subsidiary LINE Plus established its blockchain affiliate Unblock in South Korea on April 2
03 April 2018   175

LINE Plus is running a blockchain affiliate in South korea as of April 2. Unblock will be responsible for developing an integration mechanism of blockchain technologies into LINE cross-market system. LINE is a chat giant in Japan with over 214 mln users.

The establishment of Unblock signals we are ready to invest in order to play a leading role in the blockchain industry. We are planning to recruit people with expertise in blockchain technologies, such as token economy design. We will speed up investment and strengthen research on the virtual currency market.

 

LINE Official

In January, LINE Financial Corp. was established to incorporate crypto exchange, insurance and loan platform into LINE portfolio of business departments. LINE is owned by a Korean Internet search giant Naver and was founded to fight off its competitor in Japan - another Korean chat giant Kakao.

The company [Unblock] will conduct blockchain education and market research and help South Korean virtual currencies expand to Japan and Southeast Asia. Unblock will also possibly issue its own virtual currency and act as an exchange at a later date.

 

LINE Plus Official

Japan and South Korea are two of the most popular markets for virtual currency and blockchain.

BOScoin sets up a meetup in Amsterdam

The first European BOScoin meetup will be held in Amsterdam on May 13 to introduce the platform to the public
21 April 2018   25

BOScoin is holding its first European meetup session on May 13 in Amsterdam. The venue is chosen to be at Berlage Meet and Workspace. During the meetup members of the team with CTO Yezune Choi and the community manager will be available to answer questions in order for BOScoin community to learn more about the project, and understand how it fits into the broader market. Mr. Choi will be presenting an overview of the BOScoin platform, and going into greater detail about the project's future plans, and technical aspects of the platform.

Among the topics to be covered there will be explanation of the technology and project's business strategy. Currently BOScoin has a working and functional blockchain network called tokenNet, which allows for the transfer of BOScoin from wallet to wallet.

The event starts at 13:30 local time.