Subsidiary of Korean Search Giant Naver Launches Blockchain Venture For Decentralized Apps

Cointelegraph

Published May 16, 2018 07:13AM ET

Updated May 16, 2018 08:32AM ET

Subsidiary of Korean Search Giant Naver Launches Blockchain Venture For Decentralized Apps

Line Plus, the mobile platform subsidiary of Japan’s most popular messaging app Line, has launched a joint blockchain initiative - Unchain - with crypto platform ICON, Cointelegraph Japan reports today, May 16.

In the beginning of April, Line Plus had also released its blockchain affiliate Unblock in South Korea, in order to integrate blockchain tech into Line’s cross-market system. Line is itself a subsidiary of South Korean search engine giant Naver, but is based in Tokyo to avoid competition from Kakao.

Continue Reading on Cointelegraph