NEO Global Capital (NGC), a leading blockchain investment fund, has announced a strategic partnership with AERGO, an end-to-end open-source blockchain platform for commercial decentralized applications. The partnership will enable NGC to advance the AERGO ecosystem through advisory support and drive collaborations with developers, enterprises, universities and research labs across Asia, aiding AERGO in its vision of building an open platform for distributed services.

Leveraging NGC’s expansive business portfolio and global network of developer communities, AERGO intends to drive the adoption of blockchain technology to its platform by providing companies with a new way to transfer data and value securely. By enabling organizations to seamlessly integrate existing IT systems with blockchain, the platform aims to flexibly deploy distributed applications while retaining immutability, compliant record-keeping, and trust.

AERGO will provide Blocko, Korea’s largest blockchain infrastructure provider and IT firm, with new ‘distributed trust’ solutions to service its existing customers, such as Shinhan Bank, Lotte Card, Samsung, and KRX.