Neo and TomoChain have announced a new strategic partnership, knowing that the two companies have a public blockchain that supports smart contracts.

The partnership aims to leverage their respective strengths to accelerate the development of the ecosystem by attracting talented users and developers in the industry.

Public blockchains believe they can enhance both ecosystems by offering meetups and events designed to educate and encourage developers to create dApps on both TomoChain and Neo.

The primary objective of these events is to help developers gain end users through building, positioning, and access to distribution channels.

In September 2019, New Global Development (NGD) held a closed seminar with several blockchain projects in Asia.

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Ken Chaturvedi, Director of Business Development at TomoChain participated in the event, where he discussed the upcoming potential blockchain regulations for Southeast Asia and how exchanges are looking to become digital banks.

And about the new partnership stated Chaturvedi:

We are proud to partner with Neo in developing the shared ecosystem.

This collaboration confirms our collective belief that blockchain collaboration will be a pivotal driver for the next wave of adoption.

By combining efforts, developers will have access to larger resources and a larger network of end users across multiple geographies, supported by both lists.

In the press release, the director of NEO Corporation (NGD) told EcoGrowth:

With blockchain adoption accelerating, Neo and TomoChain are looking to collaborate to build developer-friendly infrastructure and facilitate enterprise-wide blockchain adoption.

Going forward, I am confident that our strengths will further empower developers as they bring us closer to the smart economy of the future.

About the TomoChain project:

TomoChain is a blockchain platform that strives to be an ideal, intelligently scalable public blockchain for decentralized applications, token issuance, and token integration for small and large businesses.

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The public TomoChain blockchain can support fees close to zero and only two seconds to confirm a transaction.

The TomoChain mainnet has been in operation since December 2018.

The PoSV consensus mechanism provides TomoChain with the ability to monitor and manage its main network via 150 Masternodes.

Entities must subscribe to TOMO tokens worth 50,000 to become a major token in the network, in addition to gaining approval through a public voting process.

Additionally, the TomoChain project aims to support all smart contracts, protocols, and token transfers across the atomic chain compatible with Ethereum.

To get to know the TomoChain project more, you can do so through Link.

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