EMURGO, a development firm that supports and incubates ventures and works to integrate these businesses into Cardano’s decentralized blockchain ecosystem today announced a joint venture with leading Indonesian enterprises.

The venture includes a consortium of Hero Group, Senada Group and Kilau Group led by the founding family of the HERO Group, (Jakarta, Indonesia, Ipung Kurnia) one of Indonesia’s topmost operators of retail stores including Hero Supermarket, Guardian, Giant, and IKEA.

EMURGO believes that with the consortium’s expertise on supply chain management and logistic, financial sector, and energy sector, the partnership can bring an enterprise solution into Indonesia through various applications of Cardano’s blockchain technology.

“With the collaboration with HERO, we are able to introduce Cardano into the supply chain management industry. It brings us a step closer to a world where Cardano Blockchain becomes a part of daily life. We will continue to commit ourselves to promote and expand Cardano’s applications into different fields.” said Shunsuke Murasaki, Senior Manager of Business Development, EMURGO.

“The future of finance could be dominated by Blockchain Technologies. A global revolutionary technology combined with an efficient infrastructure will not only result in massive cost reduction for all market participants, it will change the global trade, retail, and financing. I think this is one emerging technology that we need to understand and be involved in its growth and applications in Indonesia.” said Ipung Kurnia, President Commissioner, HERO Group.

“The decision to partner with EMURGO to grow the ecosystem of Cardano Blockchain Technologies in Indonesia is coherent, they share the same business value with us, trust and value creation. Cardano is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers, and their goal is to deliver a scalable, interoperable and sustainable Blockchain platform.”

“We are excited with the prospects of the partnership with EMURGO. We see tremendous opportunities in the application of Cardano’s advanced third generation blockchain technology in the energy and financial services sectors in Indonesia” said Dany Subrata, CEO of PT Senada Nusantara

“The increment of the development and the application of blockchain technology in business and the other life aspects is unavoidable all around the world. The partnership with EMURGO in Indonesia will certainly create huge opportunities to enable us in bringing higher effectiveness and efficiencies through Cardano Blockchain solutions in both private and public ecosystems,” said David Herlambang CEO of PT. Kilau Mulia Internasional.