SK Holdings C & C collaborates with ConsenSys for the blockchain hub

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SK Holdings C & C, the South Korea SK Group's IT solutions unit, said it has partnered with ConsenSys, one of the leading blockchain technology companies based in the United States, to develop a "hub" for the development of enterprise blockchain "for Korean companies.

The two companies signed a memorandum of understanding, agreeing to work on building a business blockchain business model using "smart contracts" between designated entities, stated SK Holdings C & C.

(123RF)

According to the agreement, the planned platform could include the main services and platforms offered by SK Holdings C & C's Cloud Z solution portal, which allows companies to create their own blockchain-based services, said SK.

Available solutions include a digital identification service based on Hyperledger, a logistic blockchain service for shipping companies, a blockchain-based voting solution and a Ripple-based cryptocurrency launch service platform.

Together with ConsenSys, SK will also run a training program for the development of Ethereum by the end of the year, while it will also discuss the development of a blockchain study program for developers that best meet the needs of the Korean market. said the companies.

ConsenSys is a development study of blockchain software based on Ethereum. The New York company was founded by Joseph Lubin, the co-creator of Ethereum.

By Sohn Ji-young ([email protected])

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