NGC Announces Strategic Partnership with AERGO

【2018-11-30】

NGC,one of the world’s leading blockchain investment funds, has announced a strategic partnership with AERGO, an end-to-end open-source blockchain platform for commercial decentralized applications. The partnership will enable NGC to advance the AERGO ecosystem through advisory support and driving collaborations with developers, enterprises, universities and research labs, across Asia, aiding AERGO in its vision of building an open platform for distributed services.


Leveraging NGC’s expansive business portfolio and global network of developer communities, AERGO intends to drive the adoption of blockchain technology to its platform by providing companies with a new way to transfer data and value securely. By enabling organizations to seamlessly integrate existing IT systems with blockchain, the platform aims to flexibly deploy distributed applications while retaining immutability, compliant record-keeping, and trust. 

Roger Lim, Founding Partner at NGC, said: “As a firm, we invest not just in people, companies, or technology, but rather in the future of financial technology as a whole. We do everything we can to help serious blockchain projects with a pragmatic drive in expanding their global reach, and our partnership with AERGO will allow us to grow its dApp ecosystem, while introducing them to future lighthouse customers, open-source developer communities, technology providers, system integrators, and consumers.”


AERGO is set to provide Blocko, Korea’s largest blockchain infrastructure provider and IT firm, with new ‘distributed trust’ solutions to service its existing customers, such as Shinhan Bank, Lotte Card, Hyundai Motors Co., and KRX.


Commenting on the partnership, AERGO Chairman and CEO Phil Zamani said: “As we continue to uncover the scope of what blockchain can do for businesses, it’s become increasingly clear that providing companies with enterprise-ready solutions will help advance the entire blockchain ecosystem. Utilizing AERGO’s sophisticated use-case centric deployment blueprints, we look forward to helping businesses transition to blockchain solutions smoothly and enabling them to make radical infrastructural changes to their backplanes with minimal switching costs.”

“NGC has an incredible reputation in the market for their success in incubating and supporting some of the industry’s most innovative startups and we look forward to their guidance and support as we look to bring our decentralised solutions mainstream,” added Zamani.