Blockchain News

FLETA and Neo Makes a Strategic Collaboration

FLETA signs a partnership deal with Neo. Neo is a community-driven open-source platform. It makes use of blockchain technology to automate and digitize the management of assets with the use of smart contracts. With the use of a distributed network, it aims to develop a smart economy by building infrastructure for the next-gen internet. And build a foundation for blockchain adoption.

This partnership will enable FLETA to make use of Neo-VM to its mainnet. With Neo-VM, there is no need to issue a new smart contract for the additional process. This will enhance the updating process for smart contracts.

FLETA has been looking forward to improving FLETA’s network performance for the use of case developments. Through this collaboration with NEO, FLETA is working on enhancing its chain. If there is a consistent development of FLETA networks, both the organization can work on creating more use cases. This partnership with NEO will be helping FLETA to reach the market on a global level.

When Neo-VM is installed on FLETA Mainnet, FLETA and NEO will be developing various use cases together. The first one will be the Real World Data (RWD) based Clinical Research Data Registry Platform, which makes the use of Blockchain. FLETA has been working on the Onchain Clinical Trial Data Collecting Tool, which was a project initiated by the government in 2019. With the help of this partnership, FLETA aims to expand its projects outside the South Korean market.

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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