It’s only been a mere two weeks since our last recap, but with the recent developments around Fantom we felt that it was needed to produce another recap article to help passive followers stay up to date with the growth of the ecosystems surrounding the product.

Business Development Team Expansion

Since the 19th of November, we’ve on boarded new business developers and team members who will be focused on on boarding institutions and governments on top of Fantom-based mainnets and encouraging other blockchain platforms to make the switch to Fantom consensus for all their scaling needs.

These new team member acquisitions were done in Afghanistan and Dubai, so that the foundation can seize the opportunity for Fantom technology to be used in the Middle East by governments and traditional institutions in the region.

Vision and Branding

We also refocused the outwards vision of the foundation through the release of a vision article and the launch of a new website, which will help eliminate the mismatch between brand and technology that we previously saw, as we the scope of usage of the technology was limited by the branding purely focusing on smart cities. We doubled down on our stance that Fantom is a consensus-as-a-service platform, being very clear that Fantom is focused on building the best consensus available rather than the best blockchain available.

Fantom Technology to be used by Afghan Ministry of Health against counterfeit drugs.

It was recently reported that Fantom technology will be used in Afghanistan by the local government. The Afghan Ministry of Public Health publicly committed towards using Fantom technology to help digitize patient health records, and to fight against the counterfeit drug circulation with a Fantom-based supply chain tracking solution.

Link to press coverage

Fantom to support collaboration between Open Market and XAR Network for the trade of non-fungible tokens.

In a more recent release we had the honor of sharing that the foundation is supporting its integrator, XAR Network, and Open Market, a decentralized marketplace for non-fungible tokens, in a technical collaboration that will make it possible for users to exchange CSDT’s on the XAR Network through Open Market.

We are especially excited about this collaboration because it will bring a production ready DeFi solution to the Cosmos ecosystem.

Link to Corestar official Medium blog post.