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Kaia: Launch of New Blockchain Platform by Kakao and LINE

Aug 29, 2024
  1. Key Features of Kaia
  2. Development Background
  3. Future Plans and Opportunities

Kaia, the highly anticipated Layer-1 blockchain developed by leading Asian messaging apps Kakao and LINE, has officially launched its mainnet.

Key Features of Kaia

The main features of Kaia include one-second finality, ultra-low gas fees, and support from leading web3 partners, including Kakao and LINE NEXT. The platform aims to enhance user experience and address web3 distribution challenges through its deep integration with Kakao and LINE messaging apps.

Development Background

The Kaia blockchain development followed the merger between Kakao’s Klaytn and LINE’s Finschia platforms in April. Kakao and LINE together have a massive user base of over 250 million, with Kakao leading the South Korean market and LINE leading in Japan, Taiwan, and Thailand.

Future Plans and Opportunities

Kaia aims to create an ecosystem that supports decentralized finance (DeFi), gaming, real-world assets, and web3-based messaging applications. As part of its mainnet launch, Kaia is extending an invitation to developers to create mini decentralized applications (dApps) on the LINE messaging platform via the NEXT WEB software development kit (SDK). The platform promises Telegram-style native app integration that offers a seamless user experience.

By leveraging Kaia’s low TX latency, account abstraction, and fee delegation capabilities, developers can create a seamless end-to-end user experience while expanding their reach to hundreds of millions of LINE users across Asia.

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