TechFlow reported on January 22, according to The Block, that South Korean cryptocurrency venture firm Hashed has released a lightweight whitepaper proposing a new compliance-oriented Layer 1 blockchain designed to promote the digitization of South Korea's economy.
The company stated that the Maroo blockchain combines the openness of public blockchains with regulatory compliance features necessary for financial applications. This new concept will support the upcoming development of South Korea's stablecoin economy and provide infrastructure support for the digital transformation of the country's financial system. Designed to balance decentralization with regulatory requirements, with a particular focus on financial use cases, the Maroo blockchain is set to become a key component of South Korea's stablecoin ecosystem.
