In this episode of World Ledger, I sit down with Dr. Sam Seo, Chairman of the Kaia DLT Foundation, to discuss the evolution of Kaia Blockchain.
Dr. Seo traces the history and challenges of two independent blockchains: Klaytn, launched by South Korea’s Kakao, and Finschia, developed by Japan’s LINE, their decision to merge, and the creation of Kaia.
Kaia leverages the reach of Kakao and LINE, two leading SuperApps in Asia with a combined user base of approximately 250 million. Dr. Seo shares Kaia’s vision, strategies, and tactics for driving Web3 mass adoption after the merge. We also examine the obstacles to Web3 adoption, strategies to overcome them, and the differing mindset and approaches between U.S. and Asian companies in building Web3 businesses.
Timestamps:
00:00 Opening
01:12 Meet Dr. Sam Seo: Journey into Blockchain and Kaia
03:23 The Birth of Kaia: Merging Klaytn and Finschia
07:55 Comparing Kakao, LINE, Facebook, Telegram, and WeChat
08:51 Post-Merger Restructuring and Positioning
14:21 Applications Building on Kaia
16:54 Improving UI/UX: Private Keys, Gas Fees, and Other Practices
20:30 Kaia’s Strategies to Attract Web2 Users
22:41 Major Hurdles to Web3 Mass Adoption
25:09 Kaia and Stablecoins
26:07 How Kaia Generates Revenue
28:45 Differing Mindsets and Approaches to Web3: U.S. vs. Asia
31:27 Building a New Chain vs. Using Existing Ones
I am Coco Kee, author and host of World Ledger with Coco Kee newsletter and podcast, a rebrand from BlockchainAsia, the Co-founder of Kee Global Advisors, and a dog lover with a Goldendoodle, Lucy.
My podcast is available on Substack, Apple Podcasts, Spotify, YouTube Podcast, and many other major platforms like iHeart Podcasts, Goodpods, and Amazon Music Podcasters.
Email: worldledger@substack.com
The content in the newsletter and podcast is for informational and educational purposes only, represents personal views and opinions, and does not constitute investment advice or recommendations.
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