The Emercoin Team, in collaboration with Estonian company Hashcoins OU and Russian system integrator I-Teco, signed a Tripartite Agreement for the founding of the Emercoin Consortium.

The task of the Emercoin Consortium will be the joint development and implementation of specific Emercoin-based solutions for the largest Russian and global companies.

The Emercoin Consortium will offer the customers of I-Teco Innovation Center blockchain-based solutions for the economic sectors that are now adapting to this technology: logistics, document flow, retail, credit operations, and so forth. The implementation of these tasks will require the adaptation of the existing tools, as well as the creation of new tools through the joint efforts of the Emercoin Team, Hashcoins OU, and I-Teco.

Emercoin has unique experience in the development of non-monetary services as compared to other blockchains. Many developers recognize Emercoin as one of the most user-friendly solutions when becoming acquainted and starting work within this field, as well as the best option for launching blockchain-based projects.

“The Emercoin Team has been developing a blockchain platform for industrial use for more than four years. We have implemented both crypto-currency and a number of non-monetary services. We offer more than just a speculative bubble, we offer market tested tools to solve tasks for real businesses. But we also understand that it is not enough to only create services. It is necessary to implement and integrate these services into existing business processes, provide maintenance and training, and so forth. We are pleased that I-Teco Innovation Center has become our partner, as they have deep expertise in the implementation and maintenance of complex projects in this field, as well as in the integration of various technologies”,

said Oleg Hovaiko, the Senior Developer of the Emercoin Team.

Cooperation with I-Teco within the Consortium will enable the Emercoin Team to combine their development experience with I-Teco’s implementation and support experience; the Emercoin Team will also offer the integrator’s customers and other involved businesses and institutions unique solutions based on one of the most promising blockchain-based technologies.

“Among hundreds of blockchain platforms, only a few have non-monetary services. Emercoin — precisely one such platform — presents, in addition to its ready-for-work package of non-monetary services, a universally reliable platform for the creation of new ones. Currently, this functionality is most relevant for corporate use, and our customers are heavily interested in such solutions. We thoroughly analyzed the different teams of blockchain solution developers and chose the Emercoin Team due to them being the most experienced team in the implementation of non-monetary solutions based on blockchain”,

said Yury Kirilchev, the Director for Business Development of I-Teco Innovation Center.

Consortium Members

I-Teco Innovation Center, LLC of I-Teco Group is the largest IT integrator out of the Top 20 companies in the Russian market. Among the customers of the Innovation Center are some of the largest Top 10 Russian companies, banks, retail chains, and others.

HashCoins is an Estonian developer of equipment, technologies, and software solutions based on blockchain. The company owns a number of successful businesses, including HashFlare, a service of cloud bitcoin mining with more than half a million users.

Emercoin is a powerful blockchain suitable for the development of non-monetary services, especially relevant for the corporate sector. Currently, the following services have been implemented on the Emercoin platform:

EmerSSL, EmerSSH — decentralized services of authorization and network security;

EmerDNS — a decentralized service of domain names;

InfoCard — a decentralized service of electronic business cards;

EmerDPO (Digital Proof of Ownership) — a distributed ledger for ownership of products and intangible assets;

EmerTTS — a blockchain-based service of document notarization;

ENUMER — a decentralized gateway between systems of classical and IP telephony.

The Emercoin Consortium is open for cooperation, and it invites companies interested in implementation of blockchain technologies in their products and processes, as well as in development of new blockchain solutions to join the Emercoin Consortium. We are interested in cooperation with large system integrators, leading software and hardware IT companies, and large financial and industrial groups.

As a technology, blockchain demonstrates maximum efficiency in large-scale tasks. Using blockchain, the largest organizations collectively will be able to reduce their costs by billions of dollars.

Members of the Consortium will get access to the Emer technologies and comprehensive support, including technical advice, analytics, assistance in hiring qualified blockchain developers, and other options of necessary support.