Hashcash Partners with UAE company to build utility coin offering
Blockchain development company, HashCash Consultants has partnered with a global corporation based in UAE to help them build a scalable architecture for utility coin offerings. The project will involve the integration of HC Net (HashCash’s blockchain network) with the partner company’s existing system along with the creation and launch of their native digital asset, followed by its listing on major global exchanges. Through this collaboration, the partner company will be able to leverage the advanced set of blockchain products and services offered by HashCash, to streamline their internal operations.
Raj Chowdhury, CEO of HashCash Consultants commented, “HashCash’s utility coin offering solution takes an all-inclusive approach towards crypto development and its promotion to make it appealing to the traders from the get-go. We are helping our partners with complete blockchain integration along with utility token creation, enabling them to be a part of the global crypto boom.”
Structuring the infrastructure of utility coin offerings for the partner company will require blockchain integration of the existing system to make it robust and scalable. HashCash will integrate the partner company’s system with HC Net, which is trusted and used by exchanges, corporate, global enterprises, and banks. It will modify the system making it compatible enough to execute the utility coin offering operations.
Next is the creation and launch of the native digital asset that will be integral to the crypto operations of the partner company. HashCash will offer its expertise in the creation of the utility or asset-backed crypto coins over the HC Net network. The supply distributing and data about the asset performance will be made accessible from the partner company’s website supported by the blockchain network.
The final step of the utility coin offering is getting the digital asset listed under the world’s major exchanges to make it a tradable asset for value surge. HashCash’s connectivity with leading exchanges makes it a seamless process of listing. They will also help in the marketing of the new coin, which is an essential aspect of utility coin offering.
This is not the first announcement HashCash has made about working with clients in the UAE. Previously it announced it was working with three other clients in the UAE. Also in August of 2020 Hashcash announced that it was assisting a UAE based ecommerce company to set up an advanced payment processor to facilitate crypto payments by providing white labeled crypto payment infrastructure.