EDRA KOREA, Opened Block-chain Technology Research Center

“Will generate a real production effect with the next-generation block-chain”

EDRA KOREA (CEO Jungyu Kwak), block-chain developing firm based on a mobile platform, opened ‘EDRA Block-chain Technology Research Center’ as announced on May 11th.

EDRA Block-chain Technology Research Center is developing and researching block-chain technology with ‘logical sharing mining’ (currently under the process of patent registration) under the supervision of their Director of Research, Suk-hun Lim. The Research Center is currently filing for the following 5 patents: ▲Logical block-chain distribution technology, ▲Sharing block-chain ledger processing security technology (3 Way Confirm), ▲Real-time block-chain transaction notice technology, ▲Side Chain Application Transplant Block Switching Technology, and etc.

EDRA Block-chain Technology Research Center will lead the next-generation block-chain era based on phone charges liberalization through ▲EDRA Mobile Mining, ▲EDRA Electronic Wallet, and ▲EDRA Platform (Points, Mileage, Coin) and aims to innovate the mobile ecosystem.

EDRA KOREA explained they will develop various platforms based on mobile devices with the logical sharing distribution technology that is decentralized rather than the existing block-chain verification system, POW(Proof of Work) and POS(Proof of Stake) methods.

Director Suk-hun Lim says that, “We are aiming to lead the Fourth Hybrid Industrialization by combining platform, middleware, and FinTech technology all focused on block-chain technology.” He continued that, “Block-chain will create a real productive effect such as reducing phone charges (ultimately to zero) rather than merely remaining only as an investment area.”



Hankyung.com Reporter Sesung Oh sesung@hankyung.com
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