PUBLISH is pleased to announce it has signed a memorandum of understanding with the Morning Letter Culture Foundation and Momo Networks to develop a new blockchain-based community platform for subscribers of Go Dowon’s “Morning Letter,” a popular daily newsletter with approximately 4 million subscribers.

The website will make use of a number of new and emerging technologies including big data, artificial intelligence, and blockchain.

Commenting on the memorandum of understanding, Go Dowon said that blockchain technology will be foundational to the platform.

"Blockchain technology will be used to create a decentralized community and provide incentives for user participation," added Momo Networks CEO Shin Jaehwan.

Based in Silicon Valley, Momo Networks develops and operates a community app called MOMO BOARD. Available on both mobile and desktop, MOMO BOARD is equipped with forum boards, chatrooms, and cloud storage.

PUBLISH ESG Center Head Park Sanggyu said he expects ESG communities to continue to adopt blockchain-based community platforms as part of their ESG goals.