Messaging app giant from Japan Line plans to create custom blockchain, designed for dapps development on its platform. This is reported by Coindesk.
Euivin Park, Line's chief technology officer, talking at developer event, said she aims to take Line's existing blockchain efforts a big step forward by launching a blockchain mainnet.
As reported, the platform, as envisioned by Park, would be built outside Line's existing products and utilize the token economy to incentivize and accelerate the development of decentralized applications, either by third parties or the firm's own developers.
To that effort, she said the company is going to recruit more blockchain developers.
Few days ago the company launched a South Korea-based blockchain subsidiary, called Unblock, based in South Korea. Focusing on blockchain-related R&D initiatives, the new subsidiary was set up to integrate decentralized applications to Line's messaging platform in a bid to add more features for users.