Korea Exchange uses blockchain tech for new startup marketplace

Korea Exchange uses blockchain tech for new startup marketplace

The Korea Exchange is using blockchain technology for document and identity authentication at a new marketplace for trading equity shares in startups.

The Korea Startup Market uses Coinstack, a proprietary blockchain-based development platform from local outfit Blocko to authenticate users and documents.

According to Blocko CEO Won-Beom Kim: "This is the first example of commercialisation in which blockchain is applied to the Korean over-the-counter stock market."

Earlier this year the Korea Exchange said that it was looking to use distributed ledger technology for a new OTC trading platform, linking sellers and buyers directly.

Comments: (0)

Find out more

Trending Stories

Featured Job
All Jobs »
London, UK

Senior Sales, Collateral Management Solutions (London, covering EMEA)

Competitive base + bonus + benefit package

22 Jul