Baofeng Group Co., Ltd
Baofeng Group (Shenzhen Stock Code: 300431) – Baofeng Bokocloud and Metaverse Announce Strategic Partnership
Baofeng Bokocloud and Metaverse Announce Strategic Partnership Baofeng Group (Shenzhen Stock Code: 300431) subsidiary Beijing Baofeng Xinying Technology signed a strategic partnership with Metaverse on 25 December, 2017. As strategic partners, both parties will jointly research and develop the Blockchain Consensus Network (BCN) as well as Blockchain-as-a-Service architecture, with the aim of expanding blockchain technology applications. According to the terms of the partnership, Metaverse will provide technical support for full nodes for Baofeng Bokocloud and assist with upgrades to their consensus mechanism and incentive model. Baofeng Xinying will also be appointed as an honorary member of the Metaverse Foundation, and help enrich the Metaverse ecosystem with resources built on the BCN. Their architecture will support Metaverse’s full nodes and all future versions of the Metaverse blockchain. Baofeng Xinying will also provide a range of BCN services including system setups, network commissioning and 24/7 technical support for Metaverse to ensure the security, stability and performance of the Metaverse blockchain network. Metaverse is the first public blockchain project to propose the concept of digital identities. Digital identities will be based on Metaverse’s unique blockchain ecosystem, with use cases built around the functions built into the Metaverse blockchain, Blockchain-as-a-Service and Metaverse wallets, and are capable of providing verification and authentication functions for various industries.
Document: http://n.eqs.com/c/fncls.ssp?u=XPMOEXNXAR Document title: Baofeng Group (Shenzhen Stock Code: 300431) – Baofeng Bokocloud and Metaverse Announce Strategic Partnership
09/01/2018 Dissemination of a Marketing Press Release, transmitted by EQS Group. |