South Korea’s Lotte Group to leverage Arbitrum blockchain for its metaverse

South Korean conglomerate Lotte Group has tapped the Ethereum layer 2 network Arbiturm to enhance its artificial intelligence-driven metaverse platform, Lotte Caliverse. Announced at CES 2025, Arbitrum’s blockchain, with its 250ms block times, is described by Steven Goldfeder, CEO of Arbitrum developer Offchain Labs, as the “ideal home ground for Caliverse,” enabling “high-quality performance within […]