ReapChain, Confrontation of technology verification agreement with KAIST Lab

Reapchain, IoT blockchain mainnet project, signed a Memorandum of Understanding (MOU) with KAIST Sinosia Lab on the 18th May to establish a Reapchain business model and verify business.

Reapchain-Kunosoft signed MOU. “Applying “DID” to solve IoT security problems”

Reapchain and Kunosoft will combine blockchain and security solutions to solve IoT security problems.

Will blockchain emerge as a security method in the IoT field?

One of the fields that the IT industry has been interested in since before the 5th generation mobile communication (5G) took its place is the “Internet of Things (IoT)”.

“Hybrid Blockchain” is emerging in government blockchain investment… Attention to “Reap Chain” to solve trillema.

With the government's decision to invest 113.3 billion won over five years from next year to secure the original blockchain technology, people are interested in the high-performance and high-efficiency hybrid blockchain development project being developed in Korea.

“Reapchain is a device-to-device security blockchain as a service (BaaS)” Jeonghan Lee, CEO of Reapchain

As the speed of wired and wireless networks such as Gigabit Internet and 5G mobile communication is rapidly improving, related technologies are also rapidly developing. A typical example is the Internet of Things (IoT).

Reapchain and Soonchunhyang University signed an industry-academic cooperation in the blockchain field

The IoT blockchain mainnet project'ReapChain' announced on the 21st that it has signed a MOU with Soonchunhyang University's Industry-Academic Cooperation Foundation for human resource exchange and Reap chain technology sharing and research.

Reapchain signed a business agreement with Korea Blockchain Industry Promotion Association

IoT blockchain mainnet project 'ReapChain' signed a business agreement (MOU) with Korea Blockchain Industry Promotion Association (KBIPA) on August 3, 2020. It was for the creation of the ecosystem of the “ReapChain”-based online voting system(Reap Voting) and commercialization.

Reap Wallet released! Simple, smart, secure world

Reap Wallet is a beta version and is an Ethereum-based token wallet that allows you to hold REAP tokens. When the ReapChain mainnet is released in 2021, it will be officially released as a mainnet wallet.

Untact Era, How far has Blockchain Voting come?

Government introduces blockchain to online voting by 2022... Priority application of K-Voting by National Election Commission, NEC

Reapchain signed MOU with KAIST in the field of Digital Asset Backed Securities(DABS)

IoT Blockchain Mainnet Project ReapChain (CEO Jeonghan Lee, Woojeong Kim) signed a business agreement (MOU) with KAIST BI SQUARE Lab (Professor Chulho Lee) on August 31, 2020. It was to develop a digital asset backed securities (DABS) distribution platform service using blockchain and to prepare a plan for practical use.

Reapchain signs MOU for business agreement with KAIST to advance into global ICT business

The Internet of Things (IoT) blockchain mainnet project, ReapChain (CEO Jeonghan Lee, Woojeong Kim), signed a business agreement (MOU) with KAIST ITTP (Global Information & Telecommunication Technology Program on the 5th to discover and commercialize business models in the global ICT business field.

Reapchain officially listed on Kucoin, a large cryptocurrency exchange

ReapChain's Reap was listed on the USDT market of Kucoin, a global cryptocurrency exchange on the 21st. Reaptoken serves as the fuel of the mainnet ecosystem in Reapchain's Dapp. Transaction fees and incentives are paid to users who hold a certain stake or maintain the Reapchain network through transaction verification and block generation. ReapChain gives a rewards to Reap holders, standing committees, steering committees, and candidates to vitalize the mainnet ecosystem.

Reappay, signed a business agreement to vitalize the Sinmae market in Daegu

Reappay signed an MOU with the local leading project group to develop and activate the Shinmae Market shopping platform. Reappay plans to prove its technology and expand its business capabilities through this agreement. In addition, an untact delivery platform 'Jangboda', which adds security and transparency, through the application of blockchain technology of its affiliate ReapChain, will solve the problem of the traditional market and change the mobile ordering and payment system, and cooperate to revitalize the local economy.

​[Ajouin] Lee Jung-han, CEO of LN Venture Group, “We are developing a blockchain security technology that will be recognized overseas.”

Interview with CEO Jeonghan Lee: "The goal of LN Venture Group is to be recognized overseas as well. We are trying to advance globally by developing technologies that can be used in real life and faithful to the essence of security, and taking off the negative image overshadowed by the coin market."

Reapchain, join hands to build 'IoT security logistics system' with ICTK Holdings

Reapchain signed a business agreement with ICTK Holdings to establish a mutual strategic partnership for cooperation in the field of 'PID-based IoT security logistics system'. The two companies decided to build their own IoT security logistics system that applies PID and Physical Unclonable Function (PUF) through the business agreement. This will be applied to Advanced technologies with high security such as ▲IoT terminal authentication and security technology ▲DID authentication technology ▲scalability IoT middleware and blockchain. Thus, we plan to develop and commercialize an improved cold chain (low temperature distribution system) service platform based on a blockchain.

Reapchain, 'IoT security logistics system', Collaboration with ICTK Holdings

In October, Reapchain, listed on Kucoin, a global cryptocurrency exchange, signed a business agreement with ICTK Holdings to establish a mutual strategic partnership for cooperation in the field of'PID-based IoT security logistics system'. At the signing ceremony held at the ICTK company in Pangyo, Gyeonggi on the 16th, Reapchain Lee Jung-han(CEO), Kim Doo-sik(CSO), Kim Seong-jin(CTO), Choi Jae-won(Manager), and ICTK Holdings CEO Lee Jung-won participated.

Active Development of The Blockchain Technology 'Mainnet'

【Anchor】 Blockchain, a decentralized data storage technology, has developed and market demand has increased. Then, related companies are making various attempts. Blockchain startup companies are launching and focusing on development the mainnet, which is a network, launching and operating its own blockchain project. This is Lee Sang-beom reporter. 【 reporter 】 This is an office in Gangnam, Seoul. Employees are engaged in mainnet development to integrate blockchain technology into our industry as a whole. ▶ Interview: Jeonghan Lee / CEO of LN Venture Group -"The 3rd generation blockchain currently under development is a platform for making various tangible and intangible asset transactions. Currently, the fields using this platform are increasing, and fusion with other industries is actively progressing." According to the announcement by the National IT Industry Promotion Agency (NIPA), the size of the domestic blockchain market last year was KRW 133.6 billion. It is expected to increase to KRW 220.6 billion this year and KRW 356.2 billion in 2022, recording a high growth trend every year. ▶ Interview: Jeonghan Lee / CEO of LN Venture Group -"We are developing and researching the mainnet based on a hybrid blockchain specialized for IOT. We are also developing a BASS (Blockchain As A Service) system that enables practical use of the Reapchain specialized for the IOT business field. " Blockchain is an important security tool in the rapidly improving IoT field such as gigabit internet and 5G mobile communication. ▶ Interview: Jeonghan Lee / CEO of LN Venture Group -"The recorded distributed ledger is stored in a block-type structure, and since all distributed ledgers must be modified to modify the original data, the blockchain can safely protect data from hacking, forgery, or alteration." As platforms based on blockchain technology emerge as business models in various industries, interest in blockchain technology is spreading. Given this situation, blockchain startup companies are actively engaged in activities such as expanding and implementing token economy, that is, virtual asset utilization service, and cooperating with various companies. This is MBN News Lee Sang-beom.[boomsang@daum.net] VJ: Ji-hoon Jung

Reappay launches 'Jangboda' service, a digital traditional market platform

Reappay announced on the 25th that it has launched a digital traditional market delivery platform application'Jangboda'. Reappay signed a business agreement with the Sinmae market in November last year and has developed a mobile application, 'Jangboda' with a non-face-to-face ordering and payment system. This application was created to provide convenience to residents who are reluctant to visit the market due to COVID19, and to revitalize the slumped local business district. When users order products which are solded in traditional markets with their smartphones, they can receive the products at a shipping destination.

Reapchain, developed with Seoul National University's distributed system laboratory

Blockchain mainnet project ReapChain announced on the 12th that it has signed a joint R&D contract to advance the two-way consensus algorithm (PoDC) in cooperation with Seoul National University's Distributed Systems Lab. At the signing ceremony held at the Reapchain Seoul office on the last 11th, Lee Jung-han(CEO), Kim Doo-sik(CSO), Kim Seong-jin(CTO), and Eom Hyun-sang (Professor of the Department of Computer Science and Engineering at Seoul National University) attended the contract ceremony.

Over 1700 users of'Jangboda', a digital traditional market delivery app

ReapPay, a platform development subsidiary of LN Venture Group, launched a digital delivery platform application to traditional market, 'Jangboda' in February and the number of users exceeded 1700. According to ReapPay on the 27th April, the number of users from Jangboda exceeded 1700. It is an payment Gateway (PG) service that first started on the 22th February at Shinmae Market located in Suseong-gu, Daegu. The monthly active users(MAU) was recorded average 500.

'Tomorrow Dream Service' expansion and security strengthening agreement

ReapChain (CEO Jeong-Han Lee) has signed an agreement with YL Solution (CEO Jeong Min-gyu), a company specializing in scraping technology, and TilkoBlet (CEO Jeong-min Son), a security module API (communication language or message format between the operating system and application programs) On April 29, the three companies signed an agreement to expand service items and strengthen security for the sales data analysis platform, 'Tomorrow Dream Service' for small business owners. Major officials of each company, including YLSolution CEO Jung Min-gyu, Tilko Blet's CEO Son Jeong-min, and ReapChain's Lee Jung-han, attended the agreement ceremony held at the ReapChain Seoul office on the 28th. This agreement is meaningful in continuously improving and developing the exact calculation period, authentication and security enhancements that have been pointed out as problems with delivery applications.

Reapchain Announces New Roadmap for Building Blockchain-Based IoT Ecosystem

ReapChain, a blockchain-as-a-service project, released an updated roadmap and business plan on its upgrading and capacity building strategy on the 14th. The core content is the establishment of a blockchain service infrastructure that has undergone R&D and verification tests. The improved roadmap consists of ▲PID-based IOT logistics system open beta ▲Reapchain-based simple payment ‘Reappay’ open beta ▲Reapchain-based sales omission prevention system “Tomorrow Dream” open beta ▲Reapchain-based DID international standardization registration

Reapchain selected as a payment method for simple payment by Pin Plus, a comprehensive platform

Reapchain, a service-type blockchain project, announced on the 28th that Reap, a self-issued cryptocurrency (virtual asset), was selected as a simple payment method for the domestic real estate information and tax information comprehensive platform Pinplus.

Reappay, “Small business sales analysis platform cooperation with YL Solution and Shinshin MNC”

Reappay (CEO Kim Woo-jung), a fintech company, YL Solution (CEO Jung Min-gyu), a company specializing in sales management scraping, and Shinshin MNC (CEO Hwang Sang-pil), a company specializing in domestic force installation and management It announced on the 11th that it had signed a business agreement to expand the business operation of the analysis platform ‘Tomorrow Dream Service’. This business agreement contains the contents of promoting the activation and development of ‘Reappay’ and ‘Tomorrow Dream Service’ by actively sharing the specialized business infrastructure and stable technology of the three companies. Shinshin MNC is a van (VAN) company with 100,000 domestic affiliates, which provides consulting and follow-up management of various credit card payment systems. ‘Tomorrow Dream Service’, which released a beta version of its mobile application (APP) last month, applied the advanced blockchain technology of the affiliated private chain. The services provided include ▲sales management ▲sales analysis ▲missing prevention ▲sales selection calculation ▲sales report.

Building a secure payment and remittance system by combining only the advantages of blockchain

“The negative perception of blockchain is spreading because many companies have focused on securing funds through ICO too easily, rather than implementing actual technologies and services. LN Venture Group is a hybrid block of Reapchain Based on chain technology, we will implement a blockchain ecosystem that can be safely and quickly used for payment and remittance in the industrial field.” LN Venture Group CEO Lee Jung-han recently met with Maeil Business News and raised his voice saying, "The reality of the domestic blockchain market is that receiving investment with a single white paper does not have the ability to judge the feasibility of it, and companies are also exploiting it to attract investment." . Since entering the blockchain business in 2014, CEO Lee has been promoting the service-type blockchain project 'Reapchain'. 'Coinvest', a blockchain technology developer, 'Reappay', a payment gateway (PG) business, and 'YL Solution', which creates a system to prevent omission of corporate sales, were established as LN Venture Group. In this process, it invested 10 billion won on its own, instead of hastily attracting investment.

YL Solution, Tilkoblet, Reapchain, MOU to strengthen the security of the small business sales analysis platform

YL Solution, Tilkoblet, Reapchain, MOU to strengthen the security of the small business sales analysis platform Reapchain (CEO Jung-Han Lee) is a sales data analysis platform for small business owners with YL Solution, a company specializing in scraping technology (CEO Jeong Min-gyu), security module API (communication language or message format between operating systems and applications), Tilkoblet (CEO Son Jeong-min). On the 29th, it was announced that it had signed an agreement to expand service items and strengthen security of 'Tomorrow Dream Service'. The signing ceremony held at the Reapchain Seoul office on the 28th was attended by key officials from each company, including YL Solution CEO Jung Min-kyu, Tilkoblet CEO Son Jeong-min, and Reapchain CEO Jeong-han Lee. This agreement is meaningful to continuously improve and develop the settlement period, authentication and security enhancements that have been pointed out as problems with delivery applications.

LN Venture Group, MOU with Korea Green Power to establish a "New and renewable energy supply certificate platform."

LN Venture Group, MOU with Korea Green Power to establish a "New and renewable energy supply certificate platform."LN Venture Group announced on the 1st that it had signed a business agreement with Korea Green Power to establish a new and renewable energy supply certificate (REC) trading platform using REAPCHAIN. The signing ceremony was held at the Daehan Green Power branch in Pangyo, Gyeonggi Province, on the 29th.Representatives from both companies, including Lee Jung-Han, CEO of LN Venture Group, and Park Geun-Sik, CEO of Korea Green Power, attended. As a result, the two companies plan to introduce a blockchain-based platform that can freely transact with third parties, including those responsible for supply. To this end, we jointly promote the project and establish a cooperation system for project revitalization.REAPCHAIN, which is applied to this collaboration, has a dual chain structure and features high-speed processing technology. LN Venture Group explained that it is a specialized mainnet that enables the actual use of blockchain. LN Venture Group is a specialized company that develops software based on blockchain technology. Korea Green Power is a domestic private power generation company engaged in biofuel and new and renewable energy generation projects.

RFEAPPAY develops NFT trading platform with Sports Seoul

Reappay, a platform development subsidiary of LN Venture Group, announced on the 16th that it had signed a business agreement with Sports Seoul, a sports media company, for cooperation in the NFT (non-fungible token) trading platform business. The signing ceremony was held at the Sports Seoul headquarters, and LN Venture Group Chairman Lee Jung-han, Lip Pay CEO Kim Woo-jung, and Sports Seoul Sports Seoul CEO Lee Jang-hyuk attended. Through this agreement, they agreed to cooperate, such as ▲ building an NFT trading platform ▲ creating a participant-oriented marketplace ▲ expanding and activating the NFT ecosystem.

REAPPAY selected as a simple payment method for outdoor brand 'Merrell'

Reappay, a platform development subsidiary of LN Venture Group, announced on the 26th that Reappay had been selected as a simple payment method for Merrell, an outdoor brand. The main goal of the agreement signed this time is to use a simple payment method based on the advanced blockchain technology of the affiliate REAPCHAIN and marketing collaboration using the online platform of the two companies. Through this agreement, REAPPAY is expected to be used as a simple payment method in Merrell's online mall to maximize shopping convenience.

[Smart Korea Grand Prize] LN Venture Group CEO Lee Jung-han said, “We will realize mutual growth through the advancement of blockchain technology.”

“Based on the blockchain consensus algorithm and mainnet developed with our own technology, we will not only contribute to the development of domestic technology but also cooperate with companies in various fields to practice win-win and sharing economy.” Lee Jung-han, CEO of LN Venture Group, who won the Korea Invention Promotion Chairman Award at the “2nd Smart Korea Awards,” said, “We are honored to win the award. We will implement a safe and transparent blockchain service through continuous innovation and development.” LN Venture Group is a specialized company that develops software based on blockchain technology. It provides COINVEST, which develops blockchain security technology, REAPPAY for payment business, and YL SOLUTION for offline van business.

“0.1% Fees. A new era is coming when small business owners can benefit from blockchain technology.”

Interview with CEO Lee Jeong-han of ‘LN Venture Group,’ which develops Pay System, NFT, and carbon emission trading platforms. Combined with the simple payment system and ReapPay. In addition, scheduled to launch a small business payment system called “Payment NARA.” Bitcoin’s exchange value decreases as prices rise. “It’s hard for an individual to beat a whale.”

[2021 Korea New Growth Management Awards] LN Venture Group, Maeil Business Media Group Chairman Award

LN Venture Group won the Maeil Business Media Group Chairman Award, an excellent award at the 18th Korea New Growth Management Awards. The Korea New Growth Management Grand Prize is awarded to creative and innovative companies with global competitiveness that will lead the growth engine in the era of the 4th industrial revolution in collaboration with MBN and the Maeil Business Newspaper and the Ministry of Trade, Industry and Energy.

ReapChain Lists on Global Virtual Asset Exchange Gate.io

Reapchain, a service-type blockchain project, announced on the 22nd that it is listed on GATE.IO, a large global virtual asset exchange. Gate.io, the exchange that Reapchain is listed on this time, is a large exchange included in the top 10 global exchanges announced by a virtual currency market relay siteCoinMarketCap. The largest trading volume on the Gate.io exchange is known to be around $1.4 billion. Established in 2019, Reapchain aims to provide a blockchain that can be used in practice, introducing ▲Non-Fungible Token (NFT) market platform ▲Payment platform ‘Next day payment Service’ ▲Fintech platform ‘ReapPay.’ scalability has been increased.

ReapChain, newly listed on the domestic virtual asset exchange Coinone

Reapchain, a service-type blockchain project, announced on the 27th that it was listed on Coinone, a domestic virtual asset exchange. Coinone announced on its official website on May 27 that it will list REAP tokens on the Coinone KRW market at 6 p.m. today (KST). REAP tokens based on ERC-20 will be traded. Currently, ReapChain is listed on the global virtual asset exchanges Kucoin and Gate.io.

ReapChain, the listing of ‘MEXC,’ a global virtual asset exchange… Selection of innovation area projects

MEXC, a large global virtual asset exchange, announced on the same day that it selected the mainnet blockchain project Reapchain as an innovation area project. It carried out its listing at midnight (Korea Standard Time) on the 12th. This is the sixth time the ReapChain project has been listed on the exchange. Previously, the ReapChain project was listed on domestic and foreign exchanges such as Kukoin on October 21, 2020, Elbank on January 6, 2022, Gate IO on March 22, Coinone on May 27, and Pemex on July 11. The MEXC exchange, listed by ReapChain, is a large exchange that is considered to be about the top 17 in terms of the cryptocurrency market broadcasting site “Coin Market Cap” and has the advantage of supporting the use of Korean and won. Based on its mainnet, ReapChain provides services that can be used in practice, such as NFT (irreplaceable token) market platform “Meta Mafia,” fintech platform, and IoT service. Lee Jung-han, CEO of ReapChain, said, “The listing of ReapChain as an innovation area on the global exchange MEXC at the time of ReapChain’s ecosystem expansion is verified for ReapChain’s blockchain technology and will accelerate the expansion of ReapChain’s ecosystem by introducing high-quality blockchain services to users.”

REAPCHAIN signed a business agreement with the Korea Music Industry Association for NFT business cooperation.

LN Venture Group, a company specializing in blockchain development, announced on the 16th that it had signed a business agreement with the Korea Record Industry Association to promote an IP (intellectual property)-based non-fungible token (NFT) market platform project. The signing ceremony held at the Korea Record Industry Association in Sangam-dong the day before was attended by major officials from both sides, including Lee Jung-han, CEO of LN Venture Group, and Lee Deok-yo, president of the Korean Record Industry Association. This business agreement is to develop a variety of new businesses using NFT, such as NFTization of IP assets based on the mainnet of LN Venture Group’s affiliated private chain, provision of NFT metamafia platform, provision of neighboring rights to the owner’s NFT project album, and preparation of project revitalization plan. The two companies are actively cooperating for this purpose.

Reapchain joins hands with Seoul National University’s distributed system laboratory.

Development of Distributed File Storage System (IPFS) Reapchain, a mainnet blockchain project, announced on the 18th that it had signed a contract for the joint development of a distributed file storage system (IPFS) with Seoul National University’s Distributed Systems Lab.

[Interview] Lee Jung-han, CEO of LN Venture, “Launch mainnet this year, expand overseas expansion…Goal to turn a profit next year”

Mainnet ‘ReapChain’, expanded application to fintech NFT platforms, etc. Focusing on expanding the blockchain ecosystem…Promoting overseas markets centered on Southeast Asia.

LN Venture Group signed a business agreement with DRK to build a ‘digital treatment platform.’

LN Venture Group announced on the 2nd that it had signed a business agreement with DRK Co., Ltd. for the Digital Therapeutics (DTx) platform business. Through this agreement, the two companies agreed to promote digital healthcare businesses, such as building a digital treatment platform, implementing a fintech payment business, and operating and securing personal health records (PHR).

ReapChain is listed on ‘Bithumb,’ a domestic virtual asset exchange.

Reapchain, a service-type blockchain project, announced that it was listed on the Bithumb BTC market, a domestic virtual asset exchange, on March 29.

LN VENTURE GROUP-PNC-REAPCHAIN forms the STO commercialization consortium.

Blockchain development company LN Venture Group, real estate-related business PNC, and service-type blockchain project Reapchain announced on the 4th that they had formed a three-way consortium to commercialize STO (Security Token Offering).

ReapChain and BUFF sign an agreement on ‘platform advancement’ to expand the ecosystem.

Reapchain announced on the 21st that it would pursue a business agreement with the online reward platform BUFF to expand the Reapchain ecosystem.