In this episode of World Ledger, I sit down with Dr. Sam Seo, Chairman of the Kaia DLT Foundation, to discuss the evolution of Kaia Blockchain. Dr. Seo traces the history and challenges of two independent blockchains: Klaytn, launched by South Korea’s Kakao, and Finschia, developed by Japan’s LINE, their decision to merge, and the creation of Kaia.

Kaia leverages the reach of Kakao and LINE, two leading SuperApps in Asia with a combined user base of approximately 250 million. Dr. Seo shares Kaia’s vision, strategies, and tactics for driving Web3 mass adoption after the merge. We alsoexamine the obstacles to Web3 adoption, strategies to overcome them, and the differing mindset and approaches between U.S. and Asian companies in building Web3 businesses.

Timestamps:

00:00 Opening

01:12 Meet Dr. Sam Seo: Journey into Blockchain and Kaia

03:23 The Birth of Kaia: Merging Klaytn and Finschia

07:55 Comparing Kakao, LINE, Facebook, Telegram, and WeChat

08:51 Post-Merger Restructuring and Positioning

14:21 Applications Building on Kaia

16:54 Improving UI/UX: Private Keys, Gas Fees, and Other Practices

20:30 Kaia’s Strategies to Attract Web2 Users

22:41 Major Hurdles to Web3 Mass Adoption

25:09 Kaia and Stablecoins

26:07 How Kaia Generates Revenue

28:45 Differing Mindsets and Approaches to Web3: U.S. vs. Asia

31:27 Building a New Chain vs. Using Existing Ones

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Former Rivals Now United: Pursuing Web3 Mass Adoption with Dr. Sam Seo, Chairman of Kaia DLT Foundation