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TomoChain Announces New Office in Japan


Leading Vietnamese blockchain technology company TomoChain, announced the opening of its new office in Tokyo. Japan is currently one of the fastest growing regions and most popular hubs for cryptocurrencies and blockchain technology and the opening of the Tokyo office will allow TomoChain to expand its brand and work with new clients and partners.

TomoChain’s Japan office is a joint venture between TomoChain and the Japanese IT solution provider, VNext. Over the long term, TomoChain is excited to collaborate with VNext to create multiple blockchain and AI solutions.

There has been a high level of interest in TomoChain from Japanese companies, and TomoChain hopes this new office will allow these opportunities to flourish. The new office will focus on promoting TomoChain and developing additional business opportunities throughout Japan. TomoChain expects to continue growing their ecosystem by building a strong and active community in Japan.

Some early use cases that could potentially utilize TomoChain’s platform include tokenizing agricultural products, gold and real estate, and the development of new types of marketplaces for digital goods, digital collectibles, and other tokenized assets. Other use cases include issuing digital utility tokens that are connected to new platforms in various industries such as healthcare, supply chain, energy, used cars, etc., to reach customers and clients worldwide.

Long Vuong, CEO, and Founder of TomoChain, said: “We want to bring a new open financial system built on TomoChain to Japanese users and to support Japanese businesses looking to take advantage of blockchain technology to innovate in areas like exchanges, digital assets, and financial services.”

These new products can benefit from the low cost, efficient global infrastructure that TomoChain provides. Some projects that are currently testing and planning to launch on TomoChain include Triip Protocol, a global loyalty point and data exchange platform for the travel industry; BigBom, a decentralized advertising marketplace in Southeast Asia and; TE-Food, a successful food supply chain and traceability solution with thousands of merchant customers.

TomoChain is a solution to the scalability problem with the Ethereum blockchain, and other blockchain platforms. TomoChain is EVM-compatible and features a 150-Masternodes architecture with Proof of Stake Voting (POSV) consensus for near-zero fee, and instant transaction confirmation. Security, stability, and chain finality are guaranteed via novel techniques such as double validation, staking via smart-contracts, and uniform randomization processes.

End users can access the tokenized economy and ecosystem easily via TomoChain’s public blockchain through a suite of applications including TomoWallet, TomoScan, and Tomo Decentralized Exchange (TomoDEX). These products allow end users to use and research products on TomoChain and to invest in and hold multiple digital crypto assets. As a global, decentralized platform, TomoChain creates value by allowing payments to be made seamlessly worldwide and enabling end-users to connect and interact with multiple blockchain products without a trusted third party intermediary.

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