Innovation alliance is creating a coalition of large international blockchain players who can help fast-track the road to blockchain adoption for organisations from start-ups to large corporations. These partners will provide advisory support, valuable resources, industry insight and experience to all businesses that have an interest in the exploration and adoption of blockchain technology. This alliance will be available for all industries, ranging from the gaming world to the corporate finance industry. Other examples include supply chain, insurance and legal just to name a few.

Let me introduce the big players of this Innovation Alliance. Firstly, of course, there is aelf — the initiator of this alliance. aelf is creating a ‘Central Business District’ ecosystem which will enable commercial organisations to operate their applications through public or private sidechains customized to the degree suited to each individual enterprise. Each sidechain will be fully segregated in terms of traffic allowing it to remain completely unaffected by any congestion from any other corporation’s chain.

The second group to bring their experience to the table are Huobi Labs; an offshoot of the extremely popular Huobi exchange organization which is focusing on creating a blockchain incubation program. They can bring funding and resources as well as incredible industry insight.

Other players include Signum Capital — Singapore’s largest and most influential blockchain fund, FBG Capital — One of the largest blockchain and cryptocurrency hedge funds in Asia, Roland Berger — A leading global strategy consulting firm, and, and world known Silicon Valley Mogul, Michael Arrington — Founder of TechCrunch and Arrington XRP Capital. Together with aelf, these founding members are creating the perfect environment to bring blockchain technology into any corporation. They provide a myriad of experience, funding options, industry insight and resources.

Each Member have strong beliefs that blockchain will be vastly adopted through-out many existing industries through large corporations as well as through multiple new start-ups. Zhuling Chen, Co-founder of aelf stated, “Blockchain can seem daunting to small businesses that are just getting started, and perhaps even more so for well-established companies with long-held processes and practices. The world-class experts in the Innovation Alliance will actively encourage open information sharing based on their unparalleled experience in the crypto and blockchain community, inviting businesses of all sizes to join the conversation. This aligns closely with aelf’s overarching focus on peer-to-peer learning and an open-source approach to blockchain more broadly.”