Seoul-based blockchain and Web3 consulting firm DeSpread has announced a collaboration with Arbitrum, a leading Layer 2 scaling solution for Ethereum, to promote blockchain adoption and expand the developer community in South Korea. This strategic partnership aims to leverage both entities' strengths to overcome Ethereum's scalability challenges and foster a vibrant blockchain ecosystem within the Korean market.
Arbitrum's solutions, such as ARB One and Nova, are designed to enhance Ethereum's transaction speeds and costs, addressing its scalability issues. Through this partnership, DeSpread plans to leverage its expertise in Web3 domains like DeFi, NFTs, and gaming to create a robust ecosystem for Korean developers and users. The collaboration includes implementing educational initiatives and developer programs, producing localized guides and resources to facilitate Korean developers' engagement with Arbitrum's technology. The partnership is part of Arbitrum Foundation's broader expansion efforts since its launch in March 2023, aiming to solidify Arbitrum's presence in the Korean market and unlock South Korea's Web3 potential. Through this alliance, DeSpread and Arbitrum intend to cultivate a thriving blockchain ecosystem in Korea, enhancing the region's position as a significant hub for Ethereum innovation. Jeff Kim, Director and Head of Business Strategy at DeSpread, emphasized the collaboration's potential to create a thriving Arbitrum ecosystem in Korea that innovates on top of Ethereum's security and decentralization. Source: BNN Breaking
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