Klaytn Foundation (https://klaytn.foundation/), the Asian leading blockchain company, announced its selection of KAIST researchers to lead an international blockchain research consortium.
The funding scale is＄20 million for the next four years, making it the world's largest funding for a single blockchain research center.
Professor Min Suk Kang of KAIST School of Computing and Professor Prateek Saxena of the National University of Singapore (NUS) serves as the joint research center head.
KAIST will mainly operate the center with cooperative support from NUS.
From KAIST, Professor Min Suk Kang, Min-Soo Kim, and Sang Kil Cha from KAIST School of Computing, Professor Insu Yun from the School of Electrical Engineering, and Professor Seungwon Jeong from the College of Business will be part of the research consortium. Collaboration with KAIST Cyber Security Research Center is also planned.
World-renowned scholars from the National University of Singapore, UC Berkeley, Carnegie Mellon University, Princeton University, Georgia Institute of Technology, Northern Arizona University, and Yonsei University will also cooperate.
Through this support program, KAIST has the potential to become the leading player in international blockchain research.