Orbs, a hybrid blockchain scaling base-layer protocols, has announced that it has established a partnership with Ground X, the blockchain subsidiary of leading South Korean internet company Kakao, for research, development, and business cooperation. Orbs also opened its Seoul headquarters, with five full-time employees hired to drive further business development in the region.
Orbs will collaborate with Ground X to conduct research and development on shared blockchain components, such as a crypto library, mutual security audits, and autonomous swaps, an advancement that would facilitate decentralized interoperability of cryptocurrency assets.
Additionally, the two teams will compose joint research papers and conduct peer review on code vital to the core development initiatives of both blockchain infrastructures. Orbs and Ground X will also support one another’s business development. This work will be complemented by the opening of Orbs’ Seoul headquarters this month. The new office will manage marketing and community relations efforts, in addition to strategic partnerships and business development work.
Ground X, a subsidiary of South Korean internet conglomerate Kakao, is a blockchain business development unit focused on developing a reliable and scalable platform to meet the constantly evolving needs of major players in the space. The company is in the process of recruiting partners to establish a collaborative environment in which blockchain solutions can be tested and appraised, with the goal of making them as user-friendly as possible prior to extending their use to wider industry.