The Georgian National Blockchain Agency Announces Partnership with TomoChain
TomoChain is an innovative solution to scalability problem with the Ethereum blockchain. TomoChain supports all EVM-compatible smart-contracts, protocols, and atomic cross-chain token transfers. Security, stability and chain finality are guaranteed via novel techniques such as double validation, staking via smart-contracts and uniform randomization processes. TomoChain offers near-zero fee, and instant transaction confirmation. It aims to become an ideal scalable smart-contract public blockchain for decentralized apps, token issuance and token integration for small and big businesses. The company currently has offices in Singapore, Japan and Vietnam.
GNBA was established to help support adoption of blockchain in the country of Georgia and bring together a diverse cross-section of experts to help decision makers implement state regulations and public policies. The Agency aims to establish a blockchain ecosystem within industry and the government and facilitate its use to organizations, businesses, educators and the general public.
Artem Cherkashyn, one of the GNBA co-founders has stated: “Our mission at GNBA is to turn Georgia into a regional leader in the adoption of blockchain technology, cryptocurrency and tokenization. Together with TomoChain we want to work toward a reality where blockchain is accessible to all, and the local Georgian businesses can make full use of all the benefits it can offer.”
GNBA and TomoChain plan to work together to promote the use of blockchain technology in the private and public sector of Georgia. TomoChain’s innovative solution to scale the Ethereum blockchain makes it ideal for for small and big businesses alike. This partnership will allow for a decisive step to be made in the digital transformation of traditional business and financial systems making them more transparent, profitable, efficient and inclusive.For more information about the Georgian National Blockchain Agency please visit our website https://gnba.ge/ or Twitter https://twitter.com/AgencyGeorgian. To learn more about TomoChain visit https://tomochain.com.