Huobi Joins Kakao’s Klaytn Governance Council To Foster Global Blockchain Adoption

  • Huobi becomes latest partner to join the Klaytn Governance Council that makes key decisions regarding the approach Project Klaytn is to take
  • The Klatyn project seeks to bring user friendly Blockchain participation to the masses

Huobi, has become the newest partner to join the Klaytn Governance Council. The Klaytn Governance Council which boasts of having some 28 of the biggest digital companies locked in such as LG Electronics, Union Bank of the Philippines, Celltrion, Binance and Kakao.

Huobi a leading cryptocurrency exchange has been operational since 2013. Their presence is felt in over 130 countries and counting and servicing millions of clientele. This is due to their secure and reliable Huobi wallet. Notably the Huobi wallet also offers Klaytn tokens the KLAY.

The Klaytn program, Kakao’s Ground X global Blockchain project, was launched last year. Their core objective is bringing user friendly Blockchain experience to millions according to their website. Klaytn has gone ahead to partner with various firms to form its Governing council with whom they run its distributed network. Mostly the partners are involved in key decision making especially with the business and technical perspective.

Sangmin Seo, the Head of Platform Group at Ground X was quite excited at opportunity to work top partners who shared their ideology. The prospect of Huobi working amongst their other partners is quite exciting as they are set to come up with scenarios that would be instrumental in the growth of a worldwide Blockchain ecosystem.

“We believe that the contributors who run the platform with their interests aligned with the platform’s long-term development plans are the most qualified to undertake the Klaytn governance.”

Huobi happy with the inclusion as Ciara Sun, the Vice President of Global Business at Huobi Group was positive that they had taken the right step as the alliance objectives aligns as its own of making Blockchain Tech more available globally and they were eager to make this a reality.

“The new partnership advances Huobi’s mission to make Blockchain technology more accessible to users across the globe. We are looking forward to working closely with other Council members to accelerate the growth of the whole Blockchain ecosystem.”

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