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SK C&C releases enterprise blockchain platform

By Lim Chang-won Posted : June 24, 2020, 11:44 Updated : June 24, 2020, 11:44

[Gettyimages Bank]

SEOUL -- SK C&C, the provider of system integration, consulting and information technology outsourcing services, released an enterprise blockchain platform, Chain Z for Ethereum, that would allow companies to freely create their won blockchain platform.

SK C&C said it would take four months for companies to conduct an open test after planning a blockchain-based service and building a platform for development and operation. There is no risk of losing or leaking keys that can often occur in blockchain services, and simple links can bring and use related solutions and services from outside.

There are not only public services that can be used immediately without installing separate servers and applications but also a private mainnet that companies build on their own, SK C&C said, adding that companies can freely create their own blockchain platform and develop a blockchain service ecosystem through partnerships and expansion with other companies.

SK C&C would provide blockchain-based local digital currency issuance and operation services through Chain Z. In December 2018, SK C&C partnered with ConsenSys, a New York-based Ethereum blockchain technology company founded by the co-creator of Ethereum to develop an enterprise blockchain business model.

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