Brickblock And Nakamo.to Announce Partnership To Fuse Real-world Asset Trading With The Potential Of IOTA’s Tangle Network

The team behind Brickblock, a trading platform to connect real-world assets and cryptocurrencies, has partnered with the nakamo.to team in a bid to explore new levels of scalability, which will be needed to support Brickblock’s ambitious plans.

2979
ADVERTISEMENTScreditx RoboRobo Dreamtime

Share with:


The Brickblock team has been hard at work for many months, striving to make the independant trading of real-world assets on the Blockchain a possibility. Its focus has been building a foundation for the efficient, transparent trading of real-world assets such as real estate, Exchange Traded Funds (ETFs), and coin funds on the Blockchain.

Brickblock is on the verge of becoming the first team to conduct a real-world asset transaction on the Blockchain by tokenizing a 27-unit, 1528m2 multi-storey building in Berlin.

Those in and around the crypto world are becoming aware of the challenges presented by the Blockchain’s mainstream adoption. Ethereum has been the go-to platform for Blockchain tokenization for a while, and its Blockchain is taking on increasingly heavy traffic. The Ethereum Blockchain is likely to encounter scalability issues in the near future, with 3.2 billion assets expected to be tokenized by 2020.

Brickblock has taken the initiative in the search for solutions – a search that has brought them to nakamo.to. Based in the crypto capital of the world, Berlin, the nakamo.to team is exploring how the Tangle Network can be used to go a step beyond Blockchain in connecting the real-world with that of distributed ledger technology, and the implications that could have on traditional industries. The nakamo.to team forms part of the IEN (The IOTA Evangelist Network), which is currently being set up to increase awareness about IOTA, help grow the IOTA community, and build partnerships.

“Brickblock is agnostic to what Blockchain it uses. We are always looking for the one with the highest scalability, and IOTA could offer some unique advantages in the near future,”
said Jakob Drzazga, Brickblock

IOTA’s Tangle Network has been dubbed ‘the future of Blockchain’. It represents the next step in the evolution of distributed ledger technology, bringing an abundance of previously inconceivable improvements, such as the ability to conduct micro and nano-transactions with no fees. The Brickblock team is most interested in the Tangle Network’s infinite scalability, and is working with the nakamo.to team to delve deeper into exploiting it.

The alliance will focus on researching the potential of fusing Brickblock’s real-world asset exchange platform and nakamo.to’s expertise in the application and integration of the Tangle Network.

With Brickblock’s ICO taking place on October 31st, the partnership will come as exciting news to investors. It could help break the chains of standard Blockchain technology, exposing Brickblock to thrilling new possibilities and making it the first real use-case on the revolutionary Tangle Network.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

Visit Website
View All Articles
advertisementBlockchain Expo