Cryptocurrency Derivatives Series: Ethereum On Verge Of 2Y Highs – FxWirePro’s Hedges Safeguard Upside Risks
Lambda256 joins South Korea project to develop technology that could track illegal dark web transactions
Digital Currency Revolution Series: Spotlight On FxWirePro’s BTC Long Hedges As Bitcoin Explodes With Fresh 1-Year Highs
Spotlight on Bakkt & CME BTC Futures With Mounting Institutional Interests As Bitcoin Bulls Halt $11k
Regulatory Series on Series: US Senate Foresees Budding Technology & Digital Dollar To Play Crucial Role In Economic Competition
Blockchain Revolution Series: Ernst & Young Features In Top-3 Enterprises Blockchain Solution Provider
Cryptocurrency Derivatives Series: Bitcoin Flirts With Technical Supports & Drifts In Sideways, Uphold Long Hedges
Cryptocurrency Derivatives Series: Quick Run Through On Bitcoin Price And CME BTC F&O Volumes Resurgence
Messaging platform LINE plans own blockchain mainnet
Japanese messaging giant LINE has announced its blockchain roadmap for this year which includes plans to launch its proprietary blockchain mainnet.
2018 DEV WEEK concluded last week with participation from 1,000 developers from 7 countries. LINE CTO Euivin Park shared company plans at the 4-day event.
Among other things, Park revealed that LINE is building a “token economy by adopting blockchain technology into LINE’s various features and opening dApps [decentralized apps] based on incentive-type information services.”
According to the official release, LINE intends to develop its own blockchain mainnet and is planning to support the development of dApp services beyond its existing platform.
On these lines, the company is actively setting up developer bases, expediting talent acquisition, and making additions to Unblock and Blockchain Lab in South Korea and Japan.
The announcement comes on the heels of the official launch of LINE’s blockchain subsidiary ‘Unblock’. The new unit will focus on blockchain education and market research and help the expansion of South Korean virtual currencies to Japan and Southeast Asia. LINE’s mobile platform subsidiary LINE Plus also suggested at the time that Unblock could issue its own virtual currency and act as an exchange.