528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81YzU1ZmIzNWI5ZDZhMmMyOTBjYTQwZmM0NzcxMjZkMS5qcGc.jpg

Vast Majority of DApps for Finance Built on Ethereum Blockchain

Most decentralized finance applications are being built on the Ethereum blockchain Ethereum devs constitute the vast majority of Decentralized Finance (DeFi) application (DApp) creators, according to a report by Binance Research on June 6.Number of DApps per blockchain, courtesy of Binance ResearchAccording to the report, DeFi can be thought of as the following:“An ecosystem comprised of applications built on decentralized networks, permissionless blockchains, and peer-to-peer protocols for the facilitation of lending/borrowing or trading with financial instruments.”This ecosystem purports to offer a permissionless, decentralized network for users, who reportedly retain full custody of their crypto assets.…

South Korean Internet Giant Kakao’s Blockchain Platform to Launch in June

South Korean internet giant Kako has announced the release date of its blockchain platform. Ground X, the blockchain arm of South Korean internet giant Kakao Corp, has announced the launch date of its own blockchain platform, a Cointelegraph correspondent learned at Consensus 2019 on May 13.Per the announcement, the Klaytn mainnet will launch on June 27, 2019, and will purportedly be a major driver of blockchain adoption in the country.…