ACROFAN

gumi Cryptos and Ontology Foundation Partner for Ontology’s Japan Blockchain Market Entry Support

Published : Wednesday, July 3, 2019, 2:01 pm
ACROFAN=Seunghee Shin | seunghee.shin@acrofan.com | SNS
gumi Inc. today announced that its consolidated subsidiary gumi Cryptos Inc. has entered into a strategic partnership agreement with Ontology Foundation Ltd., which provides decentralized blockchain platform “Ontology”, for their Japan market entry support.

Ontology offers a high-performance public blockchain for the next-generation infrastructure of a decentralized trust ecosystem and is drawing attention from around the world as a platform that connects the real and digital world.

gumi Cryptos and Ontology share a common vision of promoting blockchain technology and applications, and contributing to the development of the blockchain market. Ontology entering into Japan will greatly contribute to the development of the Japanese blockchain market. gumi Cryptos plans to provide various services to enable this growth, such as marketing support.

Blockchain technology is said to bring the third IT revolution. By carefully selecting proven overseas blockchain services and introducing cutting-edge technology, gumi Cryptos aims to be a company that will influence Japan's blockchain market.

gumi Cryptos Inc. CEO Hironao Kunimitsu said: “The strategic partnership with Ontology will strengthen gumi’s presence in the crypto industry globally and deepen our understanding of the services and products that are based on blockchain technology. We are honored to be Ontology’s partner in Japan and look forward to more collaboration opportunities on Ontology’s Japan entry initiative, blockchain related investments and expanding the ecosystem together.”

Ontology Co-Founder Andy Ji, said: “gumi is a great example of the expansion from mobile games to blockchain technology. The partnership shows both gumi’s recognition of Ontology’s global strategy and its embrace of compliance and their support of our plan for blockchain and gaming. We look forward to working with gumi to help upgrade traditional industries in Japan, solve their pain points, thus improving the digital economy in the country.”


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