Cube System (CEO: Dong-oh, www.cubechain.io ), a block chain specialist company, said " We received the Korea Internet Technology Award of the Year awarded by the Korea Internet Information Society for our 4th generation block chain technology cube chain. "
This year's 'Korea Internet Technology Award', selected every year by the Korea Internet Information Society, will contribute to the development of Internet and 4th industry in Korea by achieving innovation in technology and IT sector that are expected to affect IT strategy of company. The honor is given to the solution or product recognized for the contribution that has been awarded through the examination of the technical committee of the society.
Cube system official said, "Cube Chain is a next-generation block chain that can create, search, and update blocks in parallel by connecting existing block chains connected by hash values in a conventional way in a time sequence in a 4th generation block chain technology. And the problem of speed reduction and throughput of existing block chains is solved by the new hash function and algorithm technology."
The creativity of the 4th generation block chain technology of the Cube Chain and the achievement of continuous research and development have been recognized by the Korea Internet Information Society. For reference, this technology prize of the Korean Internet Information Society, which is awarded every year, was awarded by LG CNS last year.
On the other hand, Cube Chain unveiled its technology to the whole world through Github.com on the 27th. GitHub is an open source platform that contributes to the widespread use of open source projects, serving as the hub of open source software with more than 12 million users and over 30 million repositories.
Cube system official said, "The Cube Chain is an open source based block chain technology such as Etherium, developed in Google's Go language, and introduces developers how to build source code builds, smart contracts at source code level, and service development methods, to verify the technology. "
We are confident that we will open the new block chain technology and receive verification. It is getting more curious about the progress of Cube Chain, a Korean native block chain technology that can be flexibly extended to various platforms with the next generation block chain technology based on the high processing speed and data throughput.
