Coinone (CEO Cha Myung-hoon) announced that it acquired management rights to I FUN FACTORY, which specializes in server engines, and that it will be starting transaction engine solution business through ‘Coinone Core’ that was co-developed by Coinone and I FUN FACTORY.
Coinone has acquired stable technical skills in servers through this investment. I FUN FACTORY is also able to expand its business to new areas based on its partnership with Coinone.
I FUN FACTORY’s game engine server business will be progressed independently from its new business with Coinone.

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‘Coinone Core’ is an engine solution that combines Coinone’s experiences in establishing and operating cryptocurrency exchanges and I FUNI FACTORY’s large-scale distributed processing technology. It can expand transaction engines and support with listing of new coins through its distributed system that can expand horizontally through hundreds of servers.
It can process more than 3million cases in just one second. It provides a dashboard so that its users can check transaction servers at ease.
Coinone explained that it has secured an engine that even surpasses that of stock firms through Coinone Core.
“Coinone has verified that it will have long-term relationship with I FUN FACTORY through this project.” said CEO Cha Myung-hoon of Coinone. “Coinone Core will be a meaningful foundation for Coinone and I FUN FACTORY to take one step forward to their respective growth.”
Staff Reporter Ham, Jihyun | goham@etnews.com