Seoullabs announced that it has signed a memorandum of understanding (MOU) with blockchain service development startup BlockWaveLabs to collaborate on the advancement of blockchain technology and Web3 education.
Through this agreement, the two companies will work together on multiple fronts, including:
▲ Expanding the Xphere Layer 1 ecosystem
▲ Providing technical and business development support leveraging their respective technologies and networks
▲ Implementing various Web3-related education and capacity-building programs
With this partnership, Seoullabs is actively exploring strategies to scale the ecosystem of its Layer 1 mainnet, Xphere. The company aims to create new business opportunities by leveraging the technical expertise and broad network of its partner.
(From left) Seoullabs CEO Jang Do-hee and BlockWaveLabs CEO Kim Seung-hyun
Founded in 2021, BlockWaveLabs is a blockchain technology specialist focused on developing arbitrage and DeFi (decentralized finance) solutions. The company has won multiple hackathons and collaborated with blockchain foundations, building a reputation as a multinational team composed of developers from various countries.
BlockWaveLabs CEO Kim Seung-hyun stated, “BlockWaveLabs is committed to enhancing liquidity, developing decentralized applications (dApps), and strengthening network robustness. We look forward to contributing to a better blockchain ecosystem through this partnership with Seoullabs.”
Kim Dae-hyun, CTO of Seoullabs, added, “This partnership is expected to generate strong synergy in both technology and business through complementary collaboration. By combining Seoullabs’ Web3 infrastructure-building capabilities with BlockWaveLabs’ innovative technologies, we aim to create a better future together.”
The agreement is anticipated to have a positive impact on the blockchain industry as a whole through technological advancement and Web3 education, while helping both companies solidify their presence in domestic and global markets.
Source: BusinessKorea (https://www.businesskorea.co.kr)
0 Comments