Edenchain and Across Asia Alliance (“AAA”) signed a Memorandum of Understanding (“MoU”) to strengthen cooperation in promoting the use of blockchain technology to revolutionize the way assets and services are traded. This agreement was signed in Korea on 3 April 2018.
Across Asia Alliance is a community of 21 accelerators/incubators (AUM over $700m with more than 780 traditional startups in their portfolio), that aims to connect the startups and investors by cross-border networking across Asia startup hubs. Portfolio companies invested in by the AAA organisations are fast-growing, traditional startups with proven business models, revenue streams and are rapidly growing. By helping these startups embrace blockchain technology, their growth can be further accelerated and achieve greater potential!
Under the agreement of the MoU, AAA will help member’s portfolio companies to conduct reverse ICO using EdenChain as their ICO platform. In addition, Edenchain will provide prominent start-ups in Asia with ICO advisory, guiding them through the ICO process and offering a secure and scalable blockchain platform to provide reliable services.
Such MoUs are strategic steps for Edenchain and AAA to promote innovation across borders and to help start-ups to be at the forefront of blockchain technology. This is aligned with Edenchain’s vision to create a programmable economy, for a decentralised world.
This will be the first of many significant milestones for Edenchain to become a smart contract platform for global enterprises. Edenchain team is working hard to meet various business partners to bring them into the Edenchain ecosystem, and to form partnerships with both start-ups and large established companies.
Stay tuned, and follow our social media channels for updates.