South Korean Blockchain Company GLOSFER launches its in-house developed cryptocurrency, HYCON
GLOSFER, the South Korean Blockchain Company has launched the main network of HYCON Blockchain successfully according to PR Newswire. This move by the company marks the real beginning of the Infinity Project. With the Main Network launched, the users can now start mining after setting up a digital wallet (https://wallet.HYCON.io/).
GLOSFER is a first-generation Blockchain Company in South Korea which is a leader in Blockchain technology and services. The company is working on expanding its activities into various industries to bolster its reach in both domestic and international markets. This expansion is part of its efforts to build on its roots as a first generation Blockchain company. This will be done by using innovative technologies and services. This includes its PACKUTH, the company’s PHP API Blockchain platform along with their online and offline cryptocurrency trading platforms.
Their upcoming Infinity Project, is a cryptocurrency ecosystem powered by GLOSFER’s cryptocurrency, HYCON coin. The organization seeks to help the real economy with Blockchain technology by establishing and facilitating this cryptocurrency ecosystem. They want to contribute to a Blockchain-based, more transparent and fair society through cooperation with public institutions.
The code for HYCON has been published on GitHub as per the schedule. GLOSFER’s development team and a third party, security specialists Entersoft Australia have reviewed and audited the code before implementing it.
HYCON’s Director of Marketing Jane Hong said,
“This is a great moment for the team, everyone including the Blockchain engineers, the marketing and business development team, and the various parts of the company which encompasses the Infinity Project.”
She further added,
“We’d like to thank you wholeheartedly for your support.”
Taewon Kim, CEO of GLOSFER added,
“The release of the HYCON Blockchain marks the start of the real hard work. We look forward to impressing the world with our future development plans.”
— GLOSFER (@glosfer) June 1, 2018
BC Focus had previously reported that GLOSFER had collaborated with COINVIL to operate a cryptocurrency exchange in the Philippines. The organizations would team up to form security policies and systems to ensure transparency and safety for traders on the exchange.
Image via Bitrates
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