The “Sigmachain Network Alliance” (SNA) Launched — Over 100 Companies On Board, Making It The Biggest Blockchain Alliance in Korea

Majid Mushtaq
Futurepia
Published in
6 min readMar 8, 2019

On March 7th, Sigmachain launched the “Sigmachain Network Alliance” project to empower others by offering their mainnet services, and expanding the blockchain ecosystem in not only Korea but all over the world! Almost 100 companies from industries as diverse as: media, AI, Fashion, Healthcare, many others attended the event. They congratulated Sigmachain for the amazing work they are doing to revolutionize blockchain technology and for their efforts in empowering other businesses. The event was attended by more than 300 people; making it by far, one of the biggest Korean blockchain events of the year.

Sigmachain Network Alliance — SNA

Warm welcome from Kwak Jinyoung, Sigmachain’s CEO

Kwak, gave his warmest welcome to the audience at the launch event. He congratulated everyone for taking part in such a historic day and said, “Amid fierce competition for platforms to take the lead in the mainnet market, the attention is now focusing on the emergence of blockchain alliances that are oriented toward global standards based on domestic native mainframe technology.”

The beautiful smile on Mr. Kwak’s face and his charming personality made everyone stand up and clap for his efforts towards building the SNA.

Later on, Sigmachain’s COO, Dennis Oh, took over the stage and shed some light on the uses of blockchain in everyday life. He also explained why Sigmachain’s mainnet, Futurepia, will prove to revolutionize how businesses can leverage the technologies of blockchain. Futurepia offers far superior transaction speeds allowing companies to utilize the benefits of blockchain and scale at a rate previously thought impossible. Futurepia maintains a internationally recognized and verified speed of 300,000 transactions per second; offering the the perfect solution to bring any application onto blockchain.

No event is complete without serving a delicious lunch! Qhen it comes to events organized by Sigmachain, the management knows how to fulfill the appetite of the crypto-enthusiasts at the function.

Credits: https://www.instagram.com/raygbiz/

Presentations by SNA Partner Companies

After enjoying the lunch, Partner companies and their representatives gave the presentations about their own projects. Here are the companies who were given the VIP status at the event and were given a chance to showcase their ideas.

Syrup Table(managed by MonsterCube) — Korea’s #1 application to find restaurant information, Liker World — Blockchain Based Educational Platform, WiseCare — Smart hospital system based on blockchain, LFIX — AI Beauty expert based on blockchain, *TAHNK — Donation platform for small enterprises, Navy Field — Marine strategy simulation game building an item transaction system based on blockchain, UDIUM — Reward system between product sales design and consumer fashion service via machine running and AI algorithm, CardioCoin — Dapp compensating users for running in fitness centre gyms across USA, IBS Chain — blockchain based crowdfunding platform, TYME — block chain based information asset management solution company, Amble — e-sports company promoting casino Olympic games, VivaChain — Lamborghini bicycle-based IoT healthcare company, CowEye — Blockchain based gaming company, Blockchain Forum — Blockchain community enterprise and many others. Almost 100 companies attended the event and have become founding members of the SNA.

Launch of Sigmachain’s First Ever DApp

Sigmachain also announced that they will be launching their first DApp in a couple of weeks. The DApp will be a reward sharing social media platform, based on blockchain where content creators, curators, and users are compensated for the quality of content they make while actively using the DApp. With a beautiful interface, new features, mobile and web-based version, and a high compensation ratio, this SNS messenger app will soon become the best alternative to Steemit.

Interview Sessions

Since it was a jam-packed event attended by the major blockchain and tech companies from South Korea, local media was also there to cover the event. Along with the Sigmachain founders, other attendees were also interviewed. Almost all the participants congratulated the launching of The Sigmachain Network Alliance and felt honored to be part of it.

Post Event Celebrations and Networking Session

After the concluding remarks by one of the founding members of Sigmachain, the event was over. Participants networked, took pictures and exchanged contact info for future collaborations.

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Majid Mushtaq
Futurepia

Blogger, Traveler, Social Entrepreneur and Selfie Fanatic