"Did Daewoo's Blockchain Venture Get Shut Down Before It Even Started?"

[gamzi]

Title: Did Daewoo's Blockchain Venture Get Shut Down Before It Even Started?

I was scrolling through old news and stumbled upon an article from 2022 about Daewoo, one of the biggest automotive companies in South Korea, supposedly planning to launch a blockchain-based platform for logistics and supply chain management. But I couldn't find any updates or press releases since then - it's like they just vanished into thin air. Has anyone else heard anything about Daewoo's blockchain venture, or was it always a pipe dream?

 

[henferylolz]

I don't recall hearing about Daewoo's blockchain venture getting shut down, but maybe it's still under wraps. Can someone remind me what Daewoo announced or planned with blockchain? Hopefully, it's not just another failed crypto experiment.

 

[AnutkaNew]

"Yup, I dug up some info on this and it looks like Daewoo's blockchain project was indeed put on hold due to some financial issues. I haven't found any confirmation that it's been shut down completely, but it's likely in limbo for now. Anyone have any connections with Daewoo's team?"

 

[salen]

"Been following this news, and it seems like their blockchain project was indeed put on ice before launch. Don't think it's entirely surprising given Daewoo's track record with other investments. Guess we'll see what they do next."

 

[djioeva-sveta]

"Yup, just checked the news - Daewoo's blockchain project got shut down due to internal restructuring. I remember they announced it a while back but didn't get too much traction. Anyone have any info on the status of the team or where the tech might end up now?"

 

[Sahaa]

"Dawg, I couldn't find any recent updates on Daewoo's blockchain venture. It's possible it got delayed or was just a concept, but I've got nothin' on it bein' shut down yet. Can anyone else chime in and share some insight?"

 

[JD_Beast]

"I just checked their website and yeah, they're still online, but barely a peep from them in months. Anyone have any leads on what went down or if they're still working on their project? Would be awesome if someone could fill us in."

 

[ogurechik]

"Yup, I think I read somewhere that Daewoo's blockchain project was indeed put on hold indefinitely. Apparently, they were trying to integrate it with their auto loan business, but their investors pulled the plug. Any updates on the current status?"

 

[garankin]

Discussion: strategies

 

[tommy_riordan]

Discussion: latest news

 

[bik]

"Looks like another failed attempt at getting into crypto. I mean, it's not like they didn't see the writing on the wall - Daewoo's not exactly known for taking risks. Guess you could say they got blockchain-ed"

 

[eXpressionist]

What's your take on strategies?

 

[ketu]

Thoughts on best practices?