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Blockchain oracle project Chainlink (LINK) said it has formed a strategic partnership with LG CNS, the technology arm of LG Group.
Through the partnership, the companies plan to combine Chainlink’s cross-chain, data and orchestration infrastructure with LG CNS’s digital asset platform solutions, jointly develop digital asset solutions for South Korean institutions, and advance next-generation technology standards for South Korea’s digital asset economy. According to Chainlink, LG Group is one of South Korea’s largest business groups, with about 186 trillion won in assets across 63 affiliates, while LG CNS is the lead contractor for the Bank of Korea’s digital currency project, ‘Project Hangang.’