Polaris Share Tech Secures 4 Billion Won Investment... "Boosting Polaris Share Service Activation"

[Asia Economy Reporter Jang Hyowon] Polaris Share Tech, a blockchain development subsidiary of Polaris Group, announced on the 27th that it has attracted a total investment of 4 billion KRW from Polaris Office and one other individual through a paid-in capital increase and issuance of bonds with warrants.

The raised funds will be used as operating capital to expand the business, including the advancement and research and development of the knowledge-sharing blockchain platform ‘Polaris Share’ service and securing professional personnel.

Polaris Share is a knowledge-sharing blockchain platform that connects document publishers and users based on the global office software ‘Polaris Office.’ Through mutual value evaluation between document publishers and users, publishers receive rewards, and users can obtain high-quality information at a low cost. Polaris Share Tech is responsible for its development and operation.

A representative of Polaris Share Tech stated, “With this investment attraction as an opportunity, Polaris Share will be able to build a more advanced decentralized knowledge ecosystem,” adding, “By providing Polaris Share services to the 120 million global Polaris Office subscribers, not only will the Polaris Share service be activated, but Polaris Office users will also enjoy more benefits.”

Polaris Office users can easily use the Polaris Share service. Without a separate membership registration process, users can freely upload documents to Polaris Share through simple account linkage, as well as search for necessary information, view popular libraries, vote, share, and bookmark.

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