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Home » QuickNode and LG CNS Forge Strategic Partnership for Blockchain Advancement

QuickNode and LG CNS Forge Strategic Partnership for Blockchain Advancement

Kelly Cromley by Kelly Cromley
Nov 8, 2023
in Market News, News
Reading Time: 2 mins read
0

QuickNode, a leading web3 development platform, has announced a transformative strategic alliance with LG CNS, South Korea’s digital transformation powerhouse. This strategic collaboration represents a significant leap in blockchain infrastructure, promising to have a profound impact on the digital and technological landscape of the APAC region. The infusion of strategic investment has propelled QuickNode’s total funding beyond the $100 million milestone.

 

A Visionary Partnership:

 

The partnership between QuickNode and LG CNS extends far beyond a traditional business arrangement. It signifies the convergence of shared visions for a blockchain-driven future. QuickNode is renowned for providing top-tier blockchain infrastructure solutions, while LG CNS excels in digital transformation, with expertise in client-centric DX, cloud services, AI, big data, and web3. This powerful synergy is poised to catalyze groundbreaking digital advancements in the APAC region.

 

Enabling Blockchain Transformation:

 

Min Bae, VP of Security Solutions at LG CNS, emphasizes that this collaboration will establish a robust blockchain foundation across the APAC region, commencing with South Korea. LG CNS aims to leverage this foundation to deliver advanced blockchain solutions to its clientele, reflecting a commitment to fostering blockchain innovation.

 

Alexander Nabutovsky, QuickNode’s Co-founder and co-CEO, underscores the transformative nature of this collaboration, stating, “This partnership represents more than just a business alliance; it’s the fusion of technological visions. With our collective expertise, we are on a mission to redefine blockchain accessibility and utility in South Korea and beyond. By partnering with LG CNS, we are charting a course towards a future where blockchain technology is seamlessly integrated into every digital facet, particularly within the dynamic APAC market.”

 

Empowering the Blockchain Community:

 

This partnership also highlights a shared commitment to nurturing an inclusive and empowered blockchain community within the APAC region. It envisions shaping the future of digital interactions, finance, and data integrity, ultimately ushering in a new era of digital innovation.

 

A History of Achievement:

 

This announcement builds upon QuickNode’s remarkable growth trajectory, including a substantial Series B Raise earlier this year and the addition of over 100,000 users in 2023. QuickNode offers a wide range of services, including elastic APIs, analytics, and resources across 24 blockchains, underpinned by comprehensive support and top-tier security. Their unwavering focus on simplifying blockchain infrastructure underscores their commitment to innovation.

 

LG CNS’s Web3 group has an impressive track record, having successfully executed more than 50 blockchain projects in Korea, leveraging their proprietary platform, Monachain, to ensure cross-blockchain interoperability.

 

Expanding Global Footprint:

 

QuickNode’s collaboration with LG CNS marks an expansion of its global reach, ensuring that businesses in the APAC region can seamlessly harness the power of blockchain technology. The partnership promises rapid deployment of blockchain solutions and access to QuickNode’s comprehensive suite of development tools. Specific strategic plans are set to be unveiled in the coming months, offering a glimpse of an exciting and transformative future for blockchain technology in the APAC region.

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