Polaris Group Establishes Blockchain Subsidiary 'Polaris Share Tech' to Explore New Blockchain Business Opportunities

[Asia Economy Reporter Hyunseok Yoo] Polaris Group is making a full-scale move into new blockchain businesses by establishing a specialized blockchain business affiliate.

On the 2nd, Polaris Group announced the establishment of a blockchain business specialized affiliate, ‘Polaris Share-tech.’ Polaris Office, which is leading blockchain-related projects, along with Polaris Uno, jointly invested in the new company.

Polaris Share-tech is a newly established corporation responsible for Polaris Group’s blockchain-related business, technology research and development, and platform development.

A Polaris Office official stated, “Through our affiliate Polaris Share-tech, we will further strengthen our blockchain business capabilities and accelerate the promotion of new related businesses. We will be fully responsible for developing ‘Polaris Share,’ a knowledge-sharing blockchain platform based on the office software ‘Polaris Office,’ to ensure that Polaris Share can be quickly launched as a service.”

Meanwhile, Polaris Office is intensifying its blockchain-related business by developing an NFT (Non-Fungible Token) coin trading platform and is also promoting the development of NFT coins utilizing items from games developed by its subsidiary I&V Games.

Polaris Group, including Polaris Office, Polaris Works, and Polaris Uno, is actively expanding business synergies among affiliates and discovering new growth engines through the development of new business models such as blockchain and modular school buildings (modular classrooms) for lease.

This content was produced with the assistance of AI translation services.