Electronics Giant LG is Testing R3's Distributed Ledger Software
A subsidiary of multinational electronics firm LG has announced it intends to investigate blockchain use cases in finance.
LG CNS, an IT subsidiary of Korean electronics giant LG Corporation, has announced it is increasing its focus on blockchain technology.
Local media sources reported this week that LG CNS is working on a blockchain-based finance platform, built using R3's distributed ledger software Corda – a system they chose due to the selective data disclosure and time efficiencies it enables.
The firm plans further to expand its existing digital finance business by establishing a digital financial center on 1st July, while ramping up the number of experts it employs to support the initiative.
Overall, the move can be read as the latest sign out of Korea that there is growing interest in blockchain technology from both private and public sectors. So far, logistics services, finance startups and the central bank have all openly discussed initiatives and pilot projects.
LG image via Shutterstock
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Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Why it matters:
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
