What does Klaytn do?
Klaytn (CRYPTO:KLAY) is a public blockchain platform developed by Ground X, a subsidiary of South Korean internet giant Kakao. Klaytn is designed to be a fast, scalable, and enterprise-grade blockchain platform that can support a wide range of applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming.
Klaytn's operations are focused on developing and maintaining the Klaytn protocol, and on promoting the adoption of Klaytn by businesses and organizations around the world. The Klaytn team is working on a number of projects, including developing new Klaytn-based applications and tools, integrating Klaytn with other blockchains and ecosystems, and building a community of Klaytn users and developers.
Klaytn's objectives are to make Klaytn the most widely used blockchain platform for enterprise and consumer applications, and to accelerate the adoption of blockchain technology in South Korea and around the world. The Klaytn team believes that Klaytn can play a major role in achieving these objectives by providing a fast, scalable, and secure blockchain platform that is easy to use for both developers and users.