OKEx Partners with Klaytn To Enhance Mass Blockchain Adoption

OKEx and Klaytn have officially joined hands as ecosystem partners who are meant to push for global adoption of blockchain technology for millions of users in the world. The report, as announced on OKEx's official blog on Oct. 25 notes that this partnership will help to maintain a stable blockchain platform and would also serve as a means for the company to reach out to many blockchain networks and portfolios.

As reported by OKEx, Klaytn, developed by Kakao Corporation, is an enterprise-grade and service-centered platform which aims to merge the qualities of public and private chains through an effective merging strategy. To ensure full security, Klaytn is expected to work in tandem with other global partners so that a trusted business platform can be created.

The partners of Klaytn include; Initial Service Partners, Ecosystem Partners, Governance Council, KLAY BApp Partners, and Investors. As for now, IDG Capital, Shinhan Bank, Samsung Blockchain and other renowned companies are among the ecosystem partners.

For this development, Andy Cheung, Head of Operations at OKEx said:

“We are excited to participate in this new initiative by Klaytn. We have a strong faith to the team and the blockchain technology developed upon solid reliability and significant stability. Exchanges and projects itself should work together to define and adopt standards that will promote digital asset adoption globally."

Cheung notes that OKEx is always ready to partner with market players in developing the market and bringing in quality projects which will be commensurate with the needs of the market.

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