BlockchainArmy has announced that it has joined The Blockchain for the Social Impact Coalition (BSIC), and will work towards addressing various challenges faced by the adoption of distributed technology. BSIC works towards building solutions to tackle the social and environmental challenges facing the United Nations’ sustainable development goals.
BlockchainArmy, based out of Istanbul, Turkey, is one of the leading names of the blockchain industry in the Middle East. The capital creation and advisory firm has been at the helm of blockchain development for an elongated period and is dedicated to improve efficiency, transparency, and privacy, which are the core values of distributed ledger technology. Commenting on the development, BlockchainArmy COO, President and Founder, Ali Sina stated that his company was proud to join BSIC for the development and implementation of blockchain tech to tackle sustainability challenges. He further added,
“Blockchain is a global technology for collecting, exchanging and communicating information in a manner that improves efficiency, trust, and transparency. Blockchain technology has many promising applications. At its core, the technology allows for collecting and storing information in a distributed manner that is protected from being changed. This model moves away from the current system where ownership of data is centralized and controlled by a single authority or group.”
The advisory firm’s collaboration with BSIC is an important development for the crypto-blockchain industry. BlockchainArmy can provide the much-needed capital and intellectual assistance required, especially when recent global reports on the industry indicate that even after ten years of existence, the blockchain industry is still short on capable workforce and intellectual resources.
Along with Istanbul, the company has another headquarters in Rotterdam City and has distributed team in more than 20 countries. BlockchainArmy provides sophisticated blockchain consulting services to various sectors around the globe. Some of the sectors it caters to include Energy, Healthcare, Finance, Agriculture, Taxation, Government Solutions, Supranational Organizations, Supply Chain Management, etc.
BlockchainArmy is a subsidiary of the CoinArmy, a project dedicated towards the adoption of cryptocurrencies. It is a development arm of CoinArmy, working towards the development of sophisticated solutions for the community at large. By joining hands with BSIC, BlockchainArmy has reiterated its commitment to develop a sustainable blockchain solution, which will further push the envelope of blockchain and crypto development.