Though South Korea’s crypto markets have weathered their share of regulatory storms, their enterprise blockchain space has managed to gain momentum relatively unopposed. However, the sector’s development has also been quiet. Their biggest blockchain startup, Blocko, just hasn’t gotten much outside recognition. Currently, the company runs Coinstack, a blockchain-as-a-service platform that helps companies integrate new technology into their current systems. They’re in the process of transitioning over to a new platform, AERGO, which will bring them into a more public-facing position.
Blocko hasn’t just been rolling out theoretical tech, though: its applications are being used by over 25 million users around the world through companies like Samsung, Lotte, Hyundai, Credit Suisse, and many others. Because they’ve been almost exclusively business-facing in the past, they haven’t attracted broad international attention in the way that projects like ICON have.