Watch: LG Launches a Blockchain Platform
LG has announced that it has launched its own blockchain service called, Monachain. The service was launched through the company’s information technology service unit, LG CNS. Monachain will offer decentralized services, one of which will be a digital authentication and certification service. According to a company report, the name “Monachain” was derived from the ‘Mona…
This story was produced through MarketScale. See how Engineering & Construction teams put it to work with Partner & Channel Enablement.
Free workspace
Turn your Engineering & Construction expertise into content.
Record interviews, organize footage, and write with AI in a free MarketScale workspace. Qualifying companies also get one professional video edit a month. No credit card.
LG has announced that it has launched its own blockchain service called, Monachain. The service was launched through the company’s information technology service unit, LG CNS. Monachain will offer decentralized services, one of which will be a digital authentication and certification service. According to a company report, the name “Monachain” was derived from the ‘Mona Lisa’, and ‘blockchain’.
The platform was built using Corda, a distributed ledger that was developed by the R3 consortium. Monachain can help business owners boost productivity as the company provides a digital supply chain management system that enables suppliers to manage the entire production processing efficiently. Company Statement
Your experts belong here
Every story in MarketScale Engineering & Construction starts with a company putting its project engineers, superintendents, and estimators on the record. Buyers are already reading this topic. The only question is whose experts they find.
Owners shortlist firms they already trust, and your field leaders become the reason your name is on that list.
