Booming Trend of 2016: Strategic Partnerships Blossoming in Blockchain Space

By June 4, 2016Bitcoin Business

Technological growth, quest for change, rapid evolution, pursuit of relevance and maturity, are among the many factors which have seen the Blockchain ecosystem experience a season of partnerships and collaboration within the past few months.

Very often, crypto users awake to news of new partnerships and strategic promises. Is it a booming trend of 2016? And what’s behind it? Vanbex partners with Shanghai Blockchain

In one of these developments, the professional services firm specializing in all aspects of the Blockchain industry, Vanbex has announced a strategic partnership with Shanghai Blockchain Network Technology Co. Ltd., parent company of one of China’s largest Bitcoin exchanges, 19800.com .

19800.com, officially opened on 15th March 2016 and within one month it reached 20,000 registered users with an average daily trading volume of more than US $1.5 million.

Kevin Hobbs , Vanbex Group director, says: “With their lineup of online products, Blockchain-based products and services, 19800.com is already a highly active player in the market and we believe it’s only a short time before they are global leaders within the industry.” Shanghai Blockchain (19800.com) will also be sponsoring the d10e Conference in July with the help of the Vanbex Group, providing virtual reality technology developed by Time Technologies (Canada), an affiliated partner of Shanghai Blockchain. The quest for change and the pursuit of relevance

Speaking to Cointelegraph on the factors which could have been responsible for the prevailing trend in partnerships, Lead developer of Expanse and President of Borderless Charity, Inc . Christopher Franko says: “Ideally the partnerships that we see today are because people really want to change the world, and want to use the Blockchain to do it, because the Blockchain is great for lowering costs, liabilities, and enhancing trust.” However, Franko expresses fear that some companies may just be trying to be relevant/trendy […]

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