Amid the roller coaster ride of the crypto world, here comes an organization that aims to pave the way for a better future grounded on blockchain technology.
TNC IT Solutions Group is a multinational blockchain development organization that aims to unite the cryptocurrency world by creating a global network of companies, industry experts and IT developers that offer blockchain-related services to existing projects struggling with blockchain adoption.
The organization’s current base is in Dubai, UAE, but it has operating teams in other countries such as the UK, Singapore, Japan, South Korea, Romania, France, and more.
One of its chief activities is the absorption of promising crypto companies through mergers & acquisitions (M&A). According to its blog, the project is continuously appraising over 1700 crypto companies that are listed on CoinMarketCap, with the intention of absorbing 500 of the most promising ones they can find on the list into one supercompany.
TNC believes that many of these companies have not fully realized their potential due to “lack of long-term vision,” as well as inadequate “funding and media attention.” Through M&A, it hopes to provide companies the needed guidance and funding, not to mention an exclusive entry into its extensive web of experts that hail from complementary industries like AI, cybersecurity, fintech, PR, legal, and more.
Aside from investing in different companies through M&A, TNC also offers an array of services such as technical consultation, blockchain development & implementation, token listing, blockchain security, and more.
“We want to create an environment where ideas can flourish without having to constantly reinvent the wheel,” said TNC CEO Bruce Jeong in a press release. “We are excited by the prospect of being able to support young companies with a diverse skillset that helps them focus on their ambitions.”
Bruce recently headed an inaugural event on July 16, 2019, at the Rockefeller Center in New York, wherein he unveiled TNC’s vision and their current partnerships and investment ventures. During the event, he also revealed a new shopping platform that they have invested in. Named Buyaladdin, the platform integrates over 50 of the biggest e-commerce names like Amazon, Alibaba, Rakuten, eBay, and more under one shopping application. What is more, it fully empowers users to purchase the items from the said stores with cryptocurrencies.
To assist Bruce in appraising companies that are applying to be part of TNC, the organization has added many appraisers who are experts in their respective fields. These include Dinis Guarda, Arben Kane Kryeziu, Peter Kristensen, Jack Liao, Frank Tornatore, to name a few.
Aside from assisting crypto companies through M&A, TNC has made valuable partnerships with Liberland, a micronation situated between Croatia and Serbia. In fact, President