“Konstellation Announces Official Launch as Leading Global Blockchain Solutions Provider for Financial Services Industry”
- Formerly referred to as DMC (DarcMatter), the new blockchain division, Konstellation, will spearhead all blockchain initiatives and development for the Konstellation Network and the DARC token economy.
- Originally released via FNN News, Korea
Today, Konstellation announced its official launch today, aiming to become the world’s leading blockchain solutions provider for the financial services industry. Working in partnership with DarcMatter, Konstellation will be exclusively focused on key services centered around “Blockchain Consulting & Education,” “Blockchain Technology Development,” and the “Konstellation Network.” Konstellation’s core business operations revolve around the countries primarily leading blockchain development, which includes South Korea, Greater China, and Singapore.
Konstellation will focus on expanding the blockchain ecosystem to support the massive global financial services industry. The motivation for this vision arises from the desire to use financial technology to provide a comprehensive set of solutions that satisfies regulatory concerns in multiple jurisdictions, while tapping into the highly intelligent and close-knit blockchain developer community also interested in supporting fintech development via blockchain solutions; this binary is the essence of the “Konstellation Network.” Konstellation’s CEO and President, Sang Lee, stated that “the impact of blockchain on financial services has become an inevitable truth. Konstellation will focus on the core infrastructure and steps necessary to accelerate this vision to reality. In the near future, every asset will exist on the blockchain and Konstellation will play a pivotal role in bringing this forward.”
The blockchain infrastructure that will underpin this ecosystem is set to be beta released later this year. The company’s mission is to remove opacity and inefficiencies from the global alternative investment industry via blockchain solutions. The ecosystem has already attracted leading global financial firms and industry leaders as node operators, service providers, and users.
Konstellation’s core team comprises top financial and technology industry professionals with vast global and financial market expertise. The advisors of the project continue to be intimately involved as the company and the Konstellation Network, powered by the DARC utility token, officially launches and delivers on the product roadmap.
Nicholas Krapels, Managing Director and Blockchain Lead for Konstellation, noted that, “We wanted to develop a unit hyper-focused on delivering essential technology infrastructure to the nascent digital asset market. We believe that right now there is a massive opportunity for transforming the financial services industry via innovative regtech solutions. Our experience as a top global fintech player positions us well to understand the nuances of this emerging industry. We think this initiative is a vital part of delivering on our broader mission to increase access to life-changing alpha-generating investment opportunities for everyone.”
As the company continues its blockchain development and expands partnerships with global financial institutions, the Konstellation team will continue to share technological updates pertaining to the development and expansion of the Konstellation Network and underlying DARC token economic systems.
With the official launch of Konstellation, the team is looking forward to engaging with industry participants and rapidly expanding the Konstellation Network.
For updates on Konstellation and the Konstellation Network, please visit our main page or Discord channel.
