Geely and Concordium Team Up to Tap Blockchain Opportunities in China


Source: otcpm24.com

Key Topics in this News Article:

News Snapshot:

Geely and Concordium Team Up to Tap Blockchain Opportunities in China By 0 Volvo owner Geely and Switzerland-based Concordium have signed a deal to establish a joint venture that will provide China-based customers with blockchain technology that can be used to build new business models and create decentralized applications. The joint venture, which is expected to be operational later this year after regulatory approval is secured, will use Concordium’s blockchain technology to help customers build businesses focused on issues such as digital identity, as well as regulatory and privacy enhancement technologies, according to a joint company statement on Friday. The...