Next Block Group Holdings, LLC and Holo Ltd. Sign Agreement to Develop Decentralized Enterprise Solutions
NEWPORT BEACH, Holo has developed a platform for building and running P2P (peer-to-peer) applications while creating a network of hosts running Holo, that enables fully functional distributed applications including a proprietary ledger and a scalable crypto-accounting infrastructure, all of which creates a truly decentralized computing solution. After a successful hardware launch of their HoloPort on Indiegogo, Holo is now expanding to include commercial, enterprise solutions and has partnered with Next Block Group to facilitate this growth. Next Block Group operates an investment platform that seeks to join base layer protocols with established enterprises.
“Next Block Group has a unique market positioning in that they are solving the gap between the many disparate protocols and the emerging enterprise needs for decentralized solutions. More so than many we have worked with, they understand the needs of this marketplace and have created a platform to fuel this growth. We feel strongly that through this partnership we can support many viable enterprise projects,” said David Atkinson, Commercial Director of Holo.
The marketplace has witnessed a wide-scale adoption of institutional involvement and acceptance of blockchain technology. This activity spreads across industries such as insurance, healthcare, retail, logistics, and of course, banking and finance. As enterprises seek to gain solutions to this next-generation ecosystem, they will greatly benefit from the many protocols that have been built and are that are now being integrated into enterprise solutions. Currently, Next Block Group is working with over 85 protocols representing more than $2 billion in capitalization. The market has recently rewarded HOLO’s token ($HOT) that has seen a dramatic increase of over 200% since January 1st, in the midst of a prolonged crypto bear market where Bitcoin (BTC) and Ethereum (ETH) have both dropped by over 85% in the past year.
“HOLO has created an amazing product, user base and global community of supporters. Their project represents a truly decentralized internet, storage and processing ecosystem. Our protocols will be utilizing this to launch massively scalable applications for the enterprise client segment. We also look forward to collaborating with HOLO on different developments requiring this distributed cloud and ledger technology,” said Ed Prado, Founding Partner of Next Block Group.
About Next Block Group
Next Block Group is not an ordinary accelerator or incubator program, but rather a platform that focuses on the relationship between developing base layer protocols and established enterprises. Much of the challenge with distributed technology lies in creating real use opportunities that can interoperate with different protocols in a way to provide a full suite of services to existing enterprises. While this connection is critical, so too are the contacts and knowledge base necessary to bind this new technology to these existing entities. With our expertise, relationships and proprietary approaches we unite these market players to create viable, revenue-generating solutions. We partner with our companies to expand their opportunity base while providing innovative alternatives for enterprises. For more information about Next Block Group and its services please visit www.nextblockgroup.com
Holo is a distributed cloud platform and marketplace that enables the hosting of peer-to-peer applications by everyday users connected to the Internet. Holo is an app built on Holochain, our new open source, framework infrastructure technology for distributed peer-to-peer applications. Holochain is lightning fast, massively scalable, cost-effective, resource efficient, and eco-friendly. For more information about Holo and its services please visit www.holo.host