Ground X, the subsidiary of South Korea’s No.1 public messenger service Kakao, seeks to become a leading global blockchain-based platform in two years.

It unveiled its main net Cypress and nine new partner companies Tuesday in a ceremony to launch its blockchain platform in Seoul.

Ground X’s blockchain platform Klaytn said it seeks to provide services of help to the daily life of the people.

Ground X boasts of a quick linking time in blockchain services. It also said it underwent rigorous auditing from the nation’s four major security companies. Its partner companies include many global enterprises.

Ground X would abide by anti-money laundering rules and exclude gambling companies from its partners. Customers will use real-names, it said.


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