Korean Blockchain Project Klaytn Commits $20M to Asian Universities for Blockchain Research
The funding program will support research at two of Asia’s most highly ranked technology schools.
SEOUL, South Korea — Blockchain protocol Klaytn has committed $20 million over four years to support blockchain development and funding at the Korea Advanced Institute of Science and Technology (KAIST) in Seoul and the National University of Singapore (NUS).
Klaytn Foundation director Sangmin Seo announced the funding, called the Blockchain Research Center (BRC) Program, at Korea Blockchain Week here on Monday. Seo said the commitment is one of the largest blockchain research programs in terms of funding grants.
