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Chainlink Expands LG Tech Arm Tie-Up Into Formal Partnership on Korean Stablecoins

Chainlink Expands LG Tech Arm Tie-Up Into Formal Partnership on Korean Stablecoins

Photo: Unchained

The deal, which follows an Oct. 6 memorandum on LG CNS’s KITL platform, brings Chainlink’s full stack to LG CNS, the lead contractor on the Bank of Korea’s Project Hangang. Chainlink and LG CNS , the technology arm of South Korea’s LG Group, announced a strategic partnership on Oct. 22, widening a relationship the two companies set up just over two weeks earlier. On Oct. 6, LG CNS unveiled KITL , a blockchain infrastructure platform, and signed memorandums of understanding with five blockchain firms: Circle, Securitize, the Canton Foundation, Chainalysis and Chainlink.

Source: Unchained

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