Top 25 Korean Blockchain Startups You Need to Know – Best of 2020
3. Blocko
Korean Blockchain startup Blocko that focuses on providing a Blockchain system for transaction validation, user authentication, wallet management, and micropayment solutions. Blocko has been working with Bank of Korea to help them use blockchain technology for their financial transactions among consumers.
Blocko builds and supports its hybrid Blockchain AERGO Enterprise which allows companies to build applications and services by sharing data on a trustless and serverless IT ecosystem. AERGO Enterprise offers a greater level of security, scalability, and performance. In addition, Blocko has built over 20-full scale Blockchain implementations on private and public Blockchain ledgers. For 2019 they will focus on implementing a Blockchain solution for land registry in South Korea. They have already been working in conjunction with several national institutions such as Korea’s stock exchange, the Bank of Korea, Hyundai, and the Korea Electronics and Telecommunications Research Institute.
Blocko has raised over $20 million so far. Some of their investors include KEB Hana Bank, LB Investment, and Dadam Investment to name a few.
“Blocko is one of the few Blockchain companies globally that is actually supplying its platform to a slew of corporate clients. Overseas clients seem to be paying keen attention to our platform that has already been tested enough for immediate adoption,” said CEO of Blocko, Kim Won-beom.
12. Aergo
Korean Blockchain startup Aergo offers an easier way to adopt Blockchain Technology by building on existing IT and cloud assets. It is marketed as the Blockchain for Business. The Aergo platform securely extends business processes and applications while at the same time allowing for the creation of new services. A business will be able to do this while also reducing operating costs. Therefore they will be able to build new trusted business networks. Aergo minimizes costs, delays, and reliance on working with 3rd parties in business transactions. Furthermore, it aims to eliminate manual, error-prone processes, and information redundancy. Aergo has an easy-to-use development and deployment framework that allows developers from all levels of programming languages to build solutions with minimal effort and complexity.
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