Binance Joins South Korean Internet Giant Kakao Blockchain Initiative

The largest cryptocurrency exchange Binance has announced support the “Klaytn Governance Council” blockchain project, led by the South Korean Internet giant Kakao – became known. Recall that this initiative is aimed at the massive introduction of blockchain technology around the world.

Binance was the first blockchain company to join the “Klaytn Governance Council” project. Together with other members of the board, its specialists will work on developing applications based on Klaytn and participate in key decisions related to technical updates and business.

Binance chief financier Wei Zhou noted that the company will do everything possible to promote and stimulate sustainable industry growth, search for real options for using blockchain solutions. He also emphasized that it is a great honor for Binance to work with key Asian enterprises. Together, they will contribute to the growth of the blockchain ecosystem.

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