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
MEX Exchange, Part of MultiBank Group, Announces Senior Leadership Appointments31.8.2026 16:36:00 EEST | Press release
MEX Exchange, the institutional electronic trading platform of MultiBank Group, has announced two senior leadership appointments, with David Ogg promoted to Vice Chairman and Brian Andreyko promoted to Chief Executive Officer. The appointments strengthen the company’s leadership as it advances the development of its institutional electronic trading platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260831401493/en/ MEX Exchange, part of MultiBank Group, Announces Senior Leadership Appointments with David Ogg appointed Vice Chairman and Brian Andreyko named CEO. David Ogg brings more than four decades of experience in foreign exchange trading and trading technology and is widely recognised within the institutional FX industry as the “Father of the ECN.” He founded HotspotFX in 1999, the first institutional FX electronic communications network, before going on to establish LavaFX and Ogg Trading. His career has also incl
Rimini Street Announces Stock Repurchase and Debt Reduction Transactions31.8.2026 16:00:00 EEST | Press release
Rimini Street, Inc., (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced additional, recent capital return and balance sheet optimization actions as noted below during the fiscal third quarter through August 28, 2026: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260831961587/en/ Rimini Street Announces Stock Repurchase and Debt Reduction Transactions Debt Reduction: The Company prepaid $5.0 million of its term loan and has reduced term loan debt by a total of $25.9 million fiscal year-to-date, reducing the outstanding balance to $43.4 million. Share Repurchases: The Company repurchased 970,566 shares of its common stock at an average price of $5.16 per share for an aggregate cost of approximately $5.0 million. “Our year-to-date share repurchases
rhode Announces Official Launch Date for Its Retail Expansion in Europe with Sephora31.8.2026 16:00:00 EEST | Press release
rhode, the beauty brand founded by Hailey Rhode Bieber and part of e.l.f. Beauty (NYSE: ELF), today announced its collection of high-performance, skin-focused products will be available at Sephora online and in most stores across Europe starting Wednesday, 30 September, 2026, following its 2025 rollout with Sephora in the U.S., Canada, and the U.K. This expansion with Sephora in Europe increases global access to rhode through physical retail, marking a pivotal next stage for the brand. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260831869746/en/ rhode will be available at Sephora online and in most stores across Europe starting Wednesday, 30 September, 2026 Launched in June 2022, rhode began with a curated lineup of efficacious skincare, expanding into hybrid makeup. Each launch has garnered tremendous demand, inspiring shifts across the beauty industry and culture at large. Today, rhode remains the No.1 overall skincare
Laboratory Modernization Strengthens QPS Holdings, LLC’s Long-Term Commitment to Elemental Bioanalysis31.8.2026 16:00:00 EEST | Press release
QPS Holdings, LLC (QPS) today announced a significant renewal of its elemental bioanalysis infrastructure through the acquisition of two PerkinElmer NexION® 2200 inductively coupled plasma mass spectrometry (ICP-MS) systems to be housed in its Netherlands laboratories. The new instruments will replace two Agilent 7700 ICP-MS systems currently operating within the bioanalysis department. The NexION® 2200 platform was selected to support robust trace-element analysis, effective management of analytical interferences, reliable performance with challenging sample matrices, and efficient laboratory operations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260831322534/en/ Daniel Schulz-Jander, QPS Senior Director, Bioanalysis The investment is part of a broader upgrade and renewal program focused on maintaining a modern, reliable, and sustainable mass spectrometry capabilities across QPS global laboratory facilities. In addition
Together AI and HUMAIN Form Strategic Partnership to Accelerate AI Infrastructure and Cloud Services in Saudi Arabia31.8.2026 15:00:00 EEST | Press release
Together AI, a leading San Francisco-based AI Native Cloud platform, and HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, today at LEAP announced a strategic partnership to connect HUMAIN’s rapidly expanding AI compute capacity in Saudi Arabia with global AI-native and enterprise demand. The partnership will include the construction of a new 250 megawatt data center, located in Saudi Arabia. The partnership brings together HUMAIN’s large-scale, multi-chip AI infrastructure footprint, expanding cloud and inference capabilities with Together AI’s global customer ecosystem and AI-native inference platform. Together, the companies will offer an additional option for developers, enterprises, and AI-native organizations worldwide to access high-performance AI infrastructure for inference and training workloads, all deployed in data centers throughout the Kingdom. “The future of artificial intelligence depends on the ability to combine world-class inf
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