Blockchain Startups Scanetchain, Overnodes Partner To Expand Token Ecosystem

Announcements, Blockchain | May 8, 2018 By:

Blockchain startup Scanetchain has partnered with blockchain payment service provider Overnodes to promote their solutions and expand the token ecosystem.

Scanetchain claims to be the first commercial decentralized app (dApp) built on the NEM platform, developed for blockchain commercialization. The platform allows users to freely define and sell their contents and products for royalty and disclosure fee. It is structured to seamlessly bring together advertisements, products and contents to form an inter-linked ecosystem of multiple platforms.

Overnodes provides solutions focusing on enhancing user acquisition and on-boarding processes for decentralization of service (DoS) platform providers. DoS is an industry dedicated to reshaping various non-financial business models through replacing intermediary processes with blockchain technology.

Under the agreement, the two companies will consult each other, exchange views, share information and technical feedback with an objective of contributing to the ecosystem of tokens and blockchain services. They will cooperate in monitoring and evaluating activities to assess the impact of these activities. The parties will also conduct joint studies and research, particularly in the frameworks of blockchain platforms.

Jake Lim, Co-Founder and CFO at Overnodes, claims that the solutions Scanetchain brings to the table for the AR and cryptocurrency industry is a critical step for mass adoption of both technologies.

“We look forward to working with ScanetChain to bring significant value to end users, while also advancing these newly formed token-based economies with our payment solution,” said Lim.

David Ham, CEO Scanetchain, said this partnership will bring immense value to their services and in enabling a token economy for their customers and partners.

“Overnodes is an innovator, with their micro-transaction payment solution for cryptocurrency,” Ham said. “Their solution is quite compelling. We are very pleased to partner with Overnodes.”