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SEOUL, Korea, Feb. 09, 2023 (GLOBE NEWSWIRE) — HS88, led by Chairman Kim Ho Sung, is proud to announce that it will strive to build IPFS infrastructure and network to expand its Web3 business.
Web3 is a next-generation Internet technology that can solve the structural limitations of centralized data storage. Web3’s core business is building a storage network, and HS88 has established a distributed storage network through business deals with KT and Chainup last year. Under this MOU, large-scale IPFS infrastructure and distributed storage have been established at the KT IDC center, and accordingly, optimized mining servers and equipment have been secured to carry out FIL and Aleo mining projects.
Currently, HS88 has invested 10 billion in two months to issue Filicoin and has expanded its investment to increase its scalability. For more clarity, the process of the FIL mining node is clearly shown.
HS88 is also participating in Aleo testnet 3. In order to pre-empt 25 million Aleo, they have invested $20 billion worth of mining equipment, which will be paid as incentives to mining companies participating in Testnet 3. Mining for Alio starting from the main net in July.
HS88 is a first-generation blockchain consulting company operating in blockchain comprehensive service (development, consulting, education) and South Korea’s largest data-driven virtual asset community ‘coala’. Next, HS88 announced that they will implement the largest Web3 infrastructure in the first half.
HS88 plans to hold a FileUp meeting in Daejeon in March. Starting with this event, they plan to hold active and continuous online and offline events to create a communication window to discuss the future of Web3.
Media communication
Brand Name: HS88
Address: Media Group
Email: whckdgml@hs88.kr
Website: https://hs88.kr
Source: HS88
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