Klaytn is a public blockchain platform providing an accessible user experience and development environment in order to convey the value of blockchain technology. The platform combines the best features of both public blockchains (decentralized data and control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design.
Launched in June 2019 by GroundX, a subsidiary of Kaokao, a large communications company in South Korea, Klaytn is a service-centered enterprise-level distributed trust blockchain platform that provides barrier-free user experience and development environment.