SyncFab has signed a memorandum of understanding with C Block Capital Group, a Hong Kong-based investment firm and blockchain venture incubator and advisory firm. C Block Capital is backed by a large fintech group in Asia that has a strong presence in the blockchain industry with more than 2% of global Bitcoin mining capacity and a complete blockchain ecosystem.

The memorandum of understanding details both parties’ intention to collaborate in a partnership. SyncFab would be entrusted with fintech advisory clients of C Block Capital’s with supply chain needs given SyncFab’s record as the leading supply chain management platform. Together they will collaborate to streamline the business models of potential clients who stand to benefit from blockchain supply chain innovations. The partnership is strategically focused on Pan-Asian businesses that are in need of these solutions.

“We’re excited to continue extending our services and expertise in blockchain solutions for supply chain management. The Asian market could reap immense benefits from the more efficient and secure documentation and specialized processes we offer on the SyncFab platform. We’re eager to collaborate with C Block Capital in making this happen as we believe their insight will be key in laying the groundwork for our community in new regions as we expand our global footprint,” said SyncFab CEO Jeremy Goodwin

SyncFab will also be an early supporter of C Block’s SuperNode Community Project. Besides being a possible node participant, the company could become a referral source for attention-worthy projects.