Milk Partners’ parent company Key Inside (CEO Jo Jung-min) announced on the 5th that it has signed a strategic business alliance agreement with Ground X, a blockchain technology affiliate of Kakao. Key Inside is a blockchain professional developer established in 2018, and is a company that develops and operates the point integration platform’MiL.k’ service.
KeyInside is “improving user convenience through multilateral cooperation between’Milk’, which can integrate and manage points of various companies through this MOU, and’Klip’, a digital asset wallet (wallet) accessible through KakaoTalk. I plan to concentrate.”
In addition, it is also concentrating on the development of Non Fungible Token (NFT). NFT is a digital asset that is emerging in the field of financial technology and investment in recent years, and has a characteristic that it is not interchangeable because it gives a unique recognition value to digital contents using blockchain technology. As scarcity and uniqueness are guaranteed, and the influence is growing around digital artworks and game items, the two companies are planning to promote various new businesses related to NFT based on their expertise and businessability that have been recognized in the blockchain market.
Key Inside CEO Jo Jung-min said, “Ground X has a very large positive impact on the domestic blockchain industry, so we look forward to more in the future.” “I said.
Ground X CEO Jae-seon Han said, “We are pleased to cooperate with Key Inside, which has excellent technology and know-how,” and said, “We will continue to cooperate in various fields.”
Meanwhile, Kakao Clip Wallet is a virtual asset wallet installed in Kakao Talk. Clays issued by Ground X can be stored. Clip, which is applied with blockchain technology, helps to collect and manage cryptocurrencies issued based on Kakao cryptocurrency’Clay’ and blockchain platform’Clayton’.
Cryptocurrencies supported by Clip are Pixel (Publisher Fiction), Pebble (Pebble), Hint (Hammock), Cosm (Fitsme), Ant Token (Antube), Blockchain Pet Token (Pet Company), Beans (Theta TV), You can store and transfer digital cryptocurrencies such as Box (Inconvenient), Insureium (The Challenge), Tempo (Save), Insureium, Something Token, and Sclay.
Meanwhile, interest in the cryptocurrency market is increasing as Bitcoin (BTC) exceeds 75 million won. In the cryptocurrency market, high prices and market fluctuations are expected to continue for some time. For some, pursuing buying refers to buying more in the hope of a bigger rise after the rise. However, it may be just before the start of the decline, so be careful with your investment.
FINTECHPOST
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.