• Fri, 19 Apr 2019, 12:37 PM
  • All times are UTC
  • Edition:
    International
Link copied

Blockchain-based AR platform Scanetchain attracts investment from Hillstone Partners

Tue, 04 Dec 2018, 04:49 am UTC

Scanetchain, a commercialized augmented reality (AR) blockchain platform, has secured investment from a professional investment consultant firm Hillstone Partners, Edaily reported.

The details of the investment have not been disclosed yet.

Scanetchain is an AR Dapp based on NEM platform developed with the objective of commercialization of blockchain. It uses AR technology to digitally identify all products, brands, and images both online and offline. The startup already boasts of prominent partnerships with Sirin Labs, a Swiss firm that recently launched blockchain smartphone ‘FINNEY’; iFashion Group, a Singaporean venture platform company; and recently launched BTCC Korea, among others.

In October 2018, Scanetchain was given the reward in the AR commerce field at the 2018 4IR Awards (4th Industry Revolution).

Last month, Jaxx Liberty, a new cryptocurrency wallet launched in July 2018, announced that it has added support for Scanechain’s SWC token.

Scanetchain CEO David Ham said that the company aims to provide blockchain services to help people and return value to users.

Formerly known as CGI Korea, Hillstone Partners is a private equity firm focused on financial technology, big data, blockchain enterprises, and IT, and engages in overseas financing. The company is teaming up with global blockchain funds to support blockchain projects around the world. In September, it entered into a strategic partnership with ioeX, a decentralized peer-to-peer network blockchain ecosystem that aims to free the internet, to promote ioeX in South Korea market.

"I think the current market atmosphere is not much of a concern and investment sentiment has shrunk, but now I think it is a good investment time," said Hillstone Partners (via online translation). "In the case of the Scanetchain, it is also an ongoing investment project and we can look forward to the future direction of the project."

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $5,271.51 (+0.06%)
  • Ethereum (ETH) $173.18 (+0.87%)
  • XRP (XRP) $0.331800 (-1.60%)
  • Bitcoin Cash (BCH) $298.99 (-2.80%)
  • Litecoin (LTC) $81.70 (+1.61%)
  • Bitcoin (BTC) $5,271.51 (+0.06%)
Apr 19, 2019 (Friday)
10:41
RBI’s regulatory sandbox allows testing blockchain applications but not cryptocurrencies and ICOs
09:34
Volkswagen joins IBM-led blockchain initiative for provenance of cobalt
07:28
Samsung invests in keyless crypto wallet “ZenGo”
06:23
ICE mulls seeking BitLicense amid regulatory resistance from CFTC for Bakkt: Report
05:26
Binance announces mainnet launch of blockchain platform ‘Binance Chain’
04:16
Blockchain-focused VC fund “Proof of Capital” launches in US with $50M funding
03:36
Huobi OTC enables credit card deposit service via Simplex partnership
Apr 18, 2019 (Thursday)
11:52
Monex Group considers adding cryptocurrencies amid growing competition
10:58
Japan’s FSA to introduce new rules for crypto exchanges’ cold wallets: Report
09:38
Wirecard, Telegram’s TON partner to develop digital financial services and banking platform
09:10
E-Commerce giant Rakuten opens registrations for its cryptocurrency exchange
07:46
Enterprise Ethereum Alliance launches initiative to apply standards to tokenization
06:12
Crypto exchange Coinbase expands crypto-to-crypto support to 11 new countries
05:38
Crypto exchange Gemini adds full support for SegWit
04:11
Israeli shipping giant ZIM joins IBM Maersk blockchain shipping solution “TradeLens”
03:28
Ashton Kutcher’s Thorn looks to blockchain technology to eliminate child sexual abuse content from internet
Apr 17, 2019 (Wednesday)
11:45
Trading Technologies launches connectivity to bitcoin derivatives platform BitMEX
10:47
US SEC and FINRA to discuss digital assets and cybersecurity at National Compliance Outreach Program for Broker-Dealers
09:56
Blockchain smartphone maker Sirin Labs lays off 25% of staff
09:01
USDT launches on TRON Blockchain
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft