VeChain Signs MoU for Blockchain Development with Cyprus

Singapore-based blockchain platform VeChain Foundation, U.S. blockchain startup CREAM, and the national investment partner of the Republic of Cyprus, Invest Cyprus, have signed a Memorandum of Understanding (MoU), per a press release published Oct. 26. The MoU is focused on establishing a framework in the field of blockchain technologies and related use cases.

Per the MoU, the parties will work on a number of national level investment strategies, which involve blockchain-powered economies and promote blockchain technology, particularly in financial services. The agreement also aims to inform government policy making in the blockchain industry, in addition to facilitating economic development in Cyprus.

Continue Reading on Coin Telegraph

Like this: Like Loading...