Kakao has over 44 million active users and is South Korea’s largest internet conglomerate. Kakao has raised an estimated $90 million to develop Klatyn, their own blockchain network. South Korea’s biggest messaging app, Kakao is integrating a crypto wallet that will allow users to use crypto on a daily basis. Kakao has over 44 million active users and is South Korea’s largest internet conglomerate, operating not only KakaoTalk, but KakaoPay, KakaoTaxi, KakaoStory, KakaoStock, and many other platforms that dominate the space they’re in. Kakao has raised an estimated $90 million to develop Klatyn, their own blockchain network. Their plan is to migrate Kakao’s existing platforms onto the blockchain, the first of which will be KakaoTalk. The integration of a crypto wallet into KakaoTalk will be a way to introduce Kakao users and the general public to Klatyn. According to an industry executive familiar with Kakao’s cryptocurrency integration: “Kakao needs a cryptocurrency wallet for users of Klaytn and the best way to roll out the service is to integrate a crypto wallet into KakaoTalk, which over 80 percent of the population of South Korea use to communicate.” Heslin Kim, CEO of Blockchain ROK, spoke of the mainstream potential of this integration: “The fact that one of the most widely adopted apps [KakaoTalk], with over 95% market share, is publicly promoting and spreading blockchain/crypto is tremendous for mainstream adoption. Connect the dots with the market share and total population. With Samsung’s S10 and now Kakao’s wallet we can continuously expect Korea to be at the forefront of the DLT disruption.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next German Finance Ministry: Growth likely to remain subdued for H1 2019 FX Street 4 years Kakao has over 44 million active users and is South Korea's largest internet conglomerate. Kakao has raised an estimated $90 million to develop Klatyn, their own blockchain network. South Korea's biggest messaging app, Kakao is integrating a crypto wallet that will allow users to use crypto on a daily basis. Kakao has over 44 million active users and is South Korea's largest internet conglomerate, operating not only KakaoTalk, but KakaoPay, KakaoTaxi, KakaoStory, KakaoStock, and many other platforms that dominate the space they're in. Kakao has raised an estimated $90 million to develop Klatyn, their own blockchain network. Their plan is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.