Dunamu Launches Layer-2 Blockchain GIWA at Upbit Developer Conference
Dunamu, the parent company of South Korean exchange Upbit, launched its Web3 infrastructure brand GIWA at the Upbit Developer Conference in Seoul.
- GIWA stands for "Global Infrastructure for Web3 Access."
- Includes GIWA Chain, a layer-2 blockchain using Optimistic Rollup technology.
- Features GIWA Wallet, a mobile app for storing and transferring digital assets across multiple chains, including Ethereum, Base, Arbitrum, Avalanche, Polygon, and GIWA Chain.
- GIWA Chain is currently available on testnet.
- GIWA Wallet is demo-ready but does not have a set launch date.
- Aims to provide local infrastructure to attract Korean developers amid U.S. and Singapore blockchain dominance.
Trademark applications hinted at GIWA's launch, and a website is now active.