[BIG NEWS] Airbloc Protocol Partnership With ICON Foundation and DEBLOCK

Dear Airbloc supporters,

Airbloc Protocol announced that it has signed a strategic partnership agreement with ICON Foundation and Deblock. Airbloc Protocol is a decentralized advertisement data marketplace where users would be able to track and monetize their data and advertisers can buy data for efficient targeted advertising.

Airbloc will use ICON to develop Aero Network, which is the data validation network in Airbloc — optimized for data processing. So, Airbloc will adopt the Hybrid-chain architecture that uses Ethereum and ICON together. Since cleansing and processing of the large amount of data cannot be done on Ethereum, the tasks will be processed on Aero Network that uses ICON. By using the two chain together, we expect to be able to solve the Ethereum’s performance limitation problem by ICON’s high performance.

CEO of Airbloc Protocol Roi Nam stated that “By using ICON’s proprietary interplanetary chain technology, Airbloc Protocol will form a programmatic relationship and interconnect dAPPs developed on top of Airbloc Protocol, ICON, and Ethereum.”

Hongkyu Lee, the Technical Director of ICON Foundation described Airbloc Protocol as “one of best actionable teams in Korea”, while adding that he expects that “ICON’s ecosystem will certainly become stronger with the joining of a team with proven technical background”.

Hyun Oh, a partner of Deblock stated that “Airbloc Protocol’s project maximizes comparative advantages of both platforms which is definitely the first of its kind in Korea”. He promised to “help Airbloc succeed in the global market with all means”.

ICON is Korea’s most successful blockchain project pioneered by The Loop, a company which developed multiple fundamental blockchain technologies. ICON is one of the largest inter-blockchain networks in the world in addition to it being a top 20 cryptocurrency. ICON’s decentralized network allows independent blockchains with different governance to transact with one another without intermediaries.

Also Deblock is a blockchain accelerator in Korea which is led by ICON Foundation and Ad4th Insight, a digital marketing company led by Joon Hong. Deblock’s mission is to discover and nurture entrepreneurs with great talent. Deblock supports various projects to develop new breeds of decentralized applications running on ICON. Deblock’s entrepreneurs will get full support from ICON Foundation to co-build global-scale projects.

Through this partnership, ICON and Deblock will take part in Airbloc Protocol’s token sales and some members will participate in Airbloc Protocol’s project as advisors.

ICON Foundation will bring Airbloc Protocol as one of their official partners to Consensus 2018 that is held in New York City. Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy.

Again I am excited to see how Airbloc can be connected to top-notch business opportunities through this partnership :-)

Many more exciting news to come.
Please stay tuned for more official updates.

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