Waltonchain and MEDIUM Will Develop the Chinese Market Together

Today, Waltonchain (represented by Do Sang Hyuk) and the blockchain technology R&D company MEDIUM (represented by Kim Panjong) have signed an agreement to develop the Chinese market together.

According to the agreement, MEDIUM will help boost the development of Waltonchain’s platform, assist Waltonchain in the development of the Light-Weight Blockchain technology, participate in marketing and promotion in the Korean and Chinese markets, and collaborate on government innovation. The partners have also decided to build a private/permissioned blockchain network on Waltonchain’s platform harnessing MEDIUM’s technology and to develop the Korean marine logistics market together.

Using Waltonchain’s IoT + Blockchain platform, MEDIUM dev team will help in commercialization of Waltonchain’s core commercial blockchain technology applications and assist in the development of high-speed search and real-time processing for the platform.

As MEDIUM’s partner, Waltonchain will develop the Chinese market for the ultra-high-speed blockchain solution dubbed Medium Distributed Ledger (MDL) and promote it in Yancheng and Shenzhen (China). First, with the establishment of a China branch of Korea Blockchain Institute in Yancheng China-Korea Industrial Park, MEDIUM’s MDL platform and related technologies will be displayed at the Korean Blockchain Technology Publicity Exhibition Hall that will serve as a marketing base in China. Next, China’s Shenzhen Special Economic Zone is chosen a key strategic market where MEDIUM will leverage Waltonchain’s multiple promotion channels for marketing activities.

MEDIUM has already started to enter the Chinese market. In the agreement signed earlier with the Chinese blockchain company PeerSafe, MEDIUM stated its efforts in the promotion of the development of China’s trade and financial transaction platform and future assistance in establishment of a China-Korea trade and financial transaction platform.

Based in Shenzhen, Waltonchain boasts of various promotion channels in China. This agreement will help MEDIUM expand its Chinese market and will help Waltonchain boost the development of blockchain operations.

Waltonchain representative Do Sang Hyuk stated: “With MEDIUM’s advanced technology and Waltonchain’s marketing model integrating resources within Mainland China, we both will succeed in the Chinese market. I hope this cooperation can become an opportunity for more Korean blockchain companies to enter the Chinese market. Based on this Waltonchain will fasten the launch NFT + DeFi products, NFT product platform personal identification and other derivative ecosystem construction like Dex, Derivative ecosystem, Insurance pool etc., which will deepen the understanding and application of the IoT + blockchain business concept, realize connection and interaction with off-chain data.”

Relevant Korean Media Report: http://www.tgdaily.co.kr/news/articleView.html?idxno=307934

The official Medium account of Waltonchain. Website: https://www.waltonchain.org/en/. Chat: https://t.me/waltonchain_en.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Announcing the Oasis ROSE Garden on CoinList

Silictec subsidiary Yiwan Site Cooperates with Neusoft on Campus Data Security

What ICO Investors Want to Know About Your Blockchain Before They Invest

Connecting Applications with Blockchain Ecosystems

JASMY Conducts Empirical Experiment with Nippon Travel Agency, Marking the First Major Application…

Polis 2.0 — the new era

Create White-Label Rarible Clone with NetSet Software!

What is the InvArch Network

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Waltonchain_EN

Waltonchain_EN

The official Medium account of Waltonchain. Website: https://www.waltonchain.org/en/. Chat: https://t.me/waltonchain_en.

More from Medium

[2 mins book ]How to Win Friends and Influence People.

A new art history era

Codeforces Educational Round 121

IS METAVERSE THE NEW WORLD?