Klaytn, a global public blockchain platform developed by Ground X, the blockchain affiliate of the leading South Korean Internet company, Kakao, announced on Tuesday FIS’ global e-commerce platform, WorldPay, is joining its Blockchain Governance Council.
Klaytn Governance Council is reportedly an alliance of multinational businesses and organizations, responsible for operating the consensus node network and driving the ecosystem growth.
“Klaytn believes that its contributors who build and grow the platform with their interests aligned with the platform’s long-term development are the most qualified entities to undertake Klaytn governance. Klaytn Governance Council is the governing body that will generate long-term growth of Klaytn.”
According to Klaytn, Worldpay will work with the council to develop a blockchain-based omnichannel distribution hub to service global credit and debit card processing for Klaytn and its ecosystem partners including exchanges, traders, and custodians. Speaking about Worldpay’s participation with the Council, Sangmin Seo, the Head of Platform Group at Klaytn, stated:
“We are excited to welcome Worldpay to join the Klaytn Governance Council. We look forward to working with this payments leader to implement use cases that will foster the development of blockchain-empowered digital payment solutions.”
Klaytn further noted that the Council members work towards developing various blockchain services to be operated on Klaytn and accelerating user acquisition at a great scale for the wider audience to experience blockchain-powered services.