New Blockchain Rating Agency Launches In South Korea
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Korea Blockchain Valuation started its operations last September 25 with the main aim of providing professional and in-depth analysis using objective criteria to rate blockchain projects.
The firm seeks to address the investing risk when dealing with blockchain investment opportunities brought about by a lack of information and weak regulations.
The new rating agency was formed by executives that previously worked at Nice Credit Information Service, a Korean rating agency tracing its origins back to 1986 and has a number of advisors and security and blockchain experts onboard.
It has already released its rating for its first project, Charzin, a blockchain solution for the electric vehicle charging market which received a B4 for business rating from the rating range of B1 to B10 (lower number is better) and a T5 technology rating and an overall rating of BB.
Headlines for the world of Cryptocurrencies - September 25, 2019
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