NEM to provide blockchain support to Incublock’s portfolio of companies
NEM has been making moves in South Korea since engaging in the Future Block 2, a blockchain event organised by the Asia Leadership Conference or ALC. This was the stepping stone that transpired in an MOU signed by NEM and Incublock, a blockchain consultant and lab.
NEM will run joint education programs for the South Korean blockchain community which will be managed by Incublock. NEM will also be an adviser for Incublock’s accelerator program and portfolio companies.
“The Incublock team is very pleased with the partnership with NEM. With its advanced blockchain technology at its core, this partnership between NEM and Incublock, a startup acceleration pioneer in the South Korea blockchain industry, will bring more companies into NEM’s global ecosystem. Together, we’ll be a leader in this industry through our cooperation in the field of blockchain education, technology development, consulting, and investment,” said Incublock CEO, David Jo.
“NEM and Incublock will also contribute to new global and governmental blockchain projects. With NEM, Incublock will make its best efforts to create a sustainable blockchain ecosystem,” added David Jo.
NEM will be setting up its NEM Satellite Hub for South Korea at Incublock’s premise where future meetups and and developer trainings can be conducted as the place has its own event halls and training rooms.
“NEM’s partnership with Incublock opens up doors not only into the robust startup ecosystem of Korea but also a physical space to be used as a NEM Satellite Hub that we will utilise to create more forums to engage the local community, drive further education efforts, and be the base for further expansion,” said Interim NEM South Korea Country lead, Leroy Mah.
ABOUT THE INNOVATIVE CUBLOCK
Innovation Cublock is committed to driving innovation across all industries, including finance, distribution, and administration. It takes a lead in the commercialization of block chains, building a virtuous cycle structure of the blockchain ecosystem that leads to social value creation.
ABOUT THE NEM BLOCKCHAIN PLATFORM
NEM is an out-of-the-box enterprise-grade blockchain platform launched in March 2015. NEM has industry leading blockchain features which include multisignature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system. Companies with legacy systems can “plug ‘n play” with NEM.
ABOUT THE NEM.io FOUNDATION LTD
NEM.io Foundation is registered in Singapore and is operating globally. It was launched to promote NEM’s blockchain technology worldwide. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.