TomoChain — NOIA Network partnership announcement

We’re glad to announce our collaboration with TomoChain — a PoS blockchain network designed with low latency, high TPS capacity, and near-zero fees as its foremost planning considerations. They’re striving to solve the scalability problem with the Ethereum blockchain, and other blockchain platforms. By deploying 150-Masternodes architecture, Proof-of-Stake-Voting

(PoSV), and novel techniques such as double validation, staking via smart-contracts and uniform randomization processes TomoChain guarantees security, stability and chain finality.

In time, TomoChain will become an ideal scalable smart-contract public blockchain for decentralized apps, token issuance and token integration for small and big businesses.

Through this strategic partnership, NOIA network will explore the possibility of developing its services on TomoChain’s secure, low latency, and near-zero fee transactional system with data store ledger functionality for internet topology. More specifically, NOIA network will consider issuing NOIA tokens on TomoChain following TRC20–21 standard, and develop the smart contract to allow suppliers to P2P sell and buy Internet access points by using NOIA tokens to facilitate transactions. Besides, NOIA is looking at TomoX — TomoChain’s decentralized exchange protocol as an innovative protocol to design NOIA’s Decentralized Internet Transit Exchange later on. We also work together on promoting and marketing each other to maximize our influence where we are present.

Long Vuong, CEO of TomoChain shared:

“I am excited to partner with NOIA to explore the cutting edge technologies to build the infrastructure for the decentralized Web. Reinventing the Internet is certainly not an unambitious task, and I hope TomoChain’s decentralized ledger technologies can, in part, help the talented NOIA’s team to achieve their goals a bit faster. We are also grateful to be able to learn from our collaboration.”

Domas Povilauskas, CEO of NOIA Network said:

“Partnering with Tomochain is a remarkable opportunity to examine the circumstances of our services using TomoChain’s blockchain. It’s an important partnership for us as it will help us build an innovative and reliable NOIA’s Decentralized Internet Transit Exchange”.