BOSAGORA Launches Its BizNet to Build Business Network
29.6.2022 12:00:00 EEST | Business Wire | Press release
BOSAGORA Foundation (President: Kim In-hwan) announced on June 29 that it launched its unique BizNet for building and expanding the business ecosystem.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220629005377/en/
BOSAGORA Foundation launched BizNet to provide a blockchain network that supports developers to learn and adapt to smart contracts. (Graphic: Business Wire)
The announcement of the BizNet launch was streamed live on YouTube to ensure free communication with its users.
The blockchain network of BOSAGORA, the first initial coin offering (ICO) project in South Korea, aims to realize decentralized autonomous organization by executing commons budget accumulated through active participation in the project by node operators via parliamentary activities and generation of blocks.
The Foundation developed the BizNet to provide a blockchain network that supports developers to easily learn and adapt to smart contracts, which are essential for delivering non-fungible tokens (NFTs) and DeFi.
And the consensus engine of the BizNet is designed to provide a variety of conveniences, including compatibility with the Ethereum network, reduced latency time needed for finalizing blocks, block generation cycle identical with the Ethereum network, and avoidance of inflation.
Moreover, its compatibility with the Ethereum network, which has the largest business ecosystem, is expected to contribute to the expansion of the business ecosystem of BOSAGORA as it allows for collaborations and combinations with various Ethereum-based global services.
The BizNet publishes Biz-BOA, its proprietary native token. Users can convert points or tokens accumulated by using services offered in the BizNet into Biz-BOA through the swap function of the BizNet. The swap function enables users to compatibly use diverse services that join the BizNet.
And, through the bridge function that will be consecutively provided by BizNet, its tokens can be exchanged with ERC20-based BOA coins listed on the exchange.
Based on the BizNet, the Foundation plans to sequentially launch S2E (Service-to-Earn) services including DeFi, P2E (Play-to-Earn), and M2E (Move-to-Earn), as well as NFT.
“With the launch of the BizNet, the value of BOA coins is expected to rise as it will create more efficient and richer network ecosystem,” said Kim In-hwan, President of BOSAGORA Foundation. “Through the BizNet, we will strive to move closer to BOSAGORA’s vision of ‘Making a Better World’.”
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005377/en/
Contact information
BOSAGORA
Matthew Kim
matthew.kim@bosagora.io
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Andersen Consulting Expands Platform in North America with Addition of Kezber11.2.2026 16:30:00 EET | Press release
Andersen Consulting strengthens its business transformation and cybersecurity offerings with the addition of Canadian-based collaborating firm Kezber. Founded in 1996, Kezber specializes in providing a full suite of IT solutions including managed IT services, infrastructure support, cybersecurity, cloud services, custom software development, business intelligence and AI services, and business process automation. The firm works with organizations to enhance productivity, modernize their technology environments, and leverage data-driven solutions to achieve strategic objectives. "Our collaboration with Andersen Consulting allows us to bring our full suite of software and IT services into a broader consulting framework," said Alan Kezber, CEO of Kezber. "By integrating our technical expertise with Andersen Consulting’s comprehensive consulting capabilities, we can offer clients solutions that drive operational improvements and support sustainable growth." "Kezber’s deep technology experti
Uniswap Labs and Securitize Collaborate to Unlock Liquidity Options for BlackRock’s BUIDL11.2.2026 16:00:00 EET | Press release
Uniswap Labs, the leader in decentralized finance, and Securitize, the leader in tokenizing real-world assets (RWAs), today announced a strategic integration to make BlackRock USD Institutional Digital Liquidity Fund (BUIDL) shares available to trade via UniswapX technology. This integration will enable onchain trading of BUIDL, both unlocking new liquidity options for BUIDL holders, and marking a significant step in bridging the gap between traditional finance and DeFi. “Our mission at Labs is simple: make exchanging value cheaper, faster and more accessible,” said Hayden Adams, Uniswap Labs Founder and CEO. “Enabling BUIDL on UniswapX with BlackRock and Securitize supercharges our mission by creating efficient markets, better liquidity, and faster settlement. I’m excited to see what we build together.” Securitize Markets will facilitate trading for any BUIDL investor who elects to participate through UniswapX’s RFQ framework. The automated system enables participants to identify the
Energy Vault and Crusoe Announce Strategic Framework Agreement for Deployment of Crusoe Spark Modular AI Factory Units to Deliver Crusoe Cloud11.2.2026 15:30:00 EET | Press release
Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault”), a global leader in grid-scale energy storage solution infrastructure, and Crusoe, the industry’s first vertically-integrated AI infrastructure provider, today announced a strategic framework agreement for the phased deployment of Crusoe Spark modular data centers at Energy Vault’s technology center in Snyder, Texas. The initial program is scalable up to 25 megawatts (MW) of total load to be operated inside Crusoe’s proprietary Spark modular AI factory product. The companies plan to begin deployments in 2026, enabling Crusoe Cloud to expand available computing capacity, including its new Managed Inference services, to meet customer demand. The initiative represents a significant expansion of Crusoe’s Spark program, a demonstration of rapidly deployable modular AI inference capacity, and a continuation of Crusoe’s commitment to innovative energy-first AI infrastructure development. This press release features multimedia. View the
Corpay Cross-Border Extends Exclusive Partnership with LIV Golf11.2.2026 15:30:00 EET | Press release
Corpay, Inc.* (NYSE: CPAY), a global leader in corporate payments, today announced that its Cross-Border business has entered into a multi-year agreement to extend its successful and exclusive collaboration with LIV Golf, as its Official Corporate Foreign Exchange (FX) Provider. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260211636852/en/ Since 2024, Corpay Cross-Border has delivered a range of corporate foreign exchange payment solutions to LIV Golf. With this multi-year extension, the League will continue to benefit from Corpay’s comprehensive currency risk management solutions and award-winning global payments platform. “Over the past two seasons, we’ve had the privilege of being the Official Corporate FX Provider for LIV Golf,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions. “We take great pride in the trust that the League’s Finance and Partnership teams have placed in us, and we are thrilled
Calvin McDonald Joins The Wella Company as CEO11.2.2026 15:30:00 EET | Press release
The Wella Company, an innovative global beauty leader, today announced that Calvin McDonald has been chosen as the company’s next Chief Executive Officer, effective April 2, 2026. Calvin will also be appointed to the company’s Board of Directors and will be based in New York. Glenn Murphy will remain as Executive Chair to provide continuity as well as strategic advice to the new CEO and the leadership team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260210093439/en/ Calvin McDonald “We are delighted to welcome Calvin to The Wella Company,” said Glenn Murphy, Executive Chair. “As a three-time CEO, he brings decades of experience at industry-leading global consumer brands and retail businesses. Calvin’s proven ability to drive results through product differentiation, category expansion, and smart investments will help us win in the dynamic beauty sector.” Under KKR’s ownership, The Wella Company has been transformed into a
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom