November 11, 2019

Beowulf Blockchain Forges Strategic Partnership with Coinplug to Continue Global Expansion

SILICON VALLEY, November 11 – Beowulf, a full-fledged decentralized cloud communications network for enterprise and consumers, has announced a global partnership with Coinplug, a leading blockchain technology company based in South Korea. This strategic partnership will accelerate both companies’ plans for global expansion and accelerated growth.

The main direction of this collaborative initiative will be the exchange of experience in the development and introduction of technologies, wherein Beowulf and Coinplug will provide each other with expert and engineering support in promoting both parties’ products to bring about mutually beneficial outcomes. In addition, this partnership will usher in a new development opportunity for multi-scale integrated systems market and services globally.

With the goal of facilitating secure, low-cost, customizable B2B communications, Beowulf has developed a suite of services built on its native blockchain to help businesses reach a wider audience, including a decentralized distance learning platform named Victoria, HANA, a comprehensive telemedicine system, and QUICKOM, a US patent-pending platform which utilizes QR codes to connect people without telephone numbers.

Beowulf’s CEO and Founder, Dr. William H. Nguyen and Coinplug’s CSO Dylan Park at the signing ceremony

“Any company for whom service interruptions and communication efficiencies pose a problem would relish the superior connectivity and low latency our distributed solution offers. Whether they are building their communication systems, distance learning or telemedicine platforms from the ground up, or upgrading their current system, I have no doubt that the technological advances at the heart of Beowulf can help to address widespread commercial inefficiencies and operational challenges,” said Beowulf’s CEO and Founder, Dr. William H. Nguyen. “Going forward, we will continue to promote the integration of our resources, explore potential business opportunities, and expand our customer base to boost the business growth of both companies.”

Beowulf through its products is partnered with some of the largest companies across Asia, and is ramping up business development efforts with global expansion plans.

“Coinplug hopes to create a compelling use case through the success of the joint effort,” said Coinplug’s CEO Ryan Uhr. “We believe this partnership will create synergies for both parties in technological and commercial areas. Not only does this expand our joint resources both domestically and internationally, but the combined technical, and industry expertise will enhance our value proposition to our customers and the marketplace.”

Coinplug is leading development of the next generation of blockchain-based platforms being a global leader in blockchain patent filings with more than 270 applications and certifications. Coinplug focuses on blockchain technology innovations in different areas including CPDAX (Coinplug Digital Asset Exchange) and Enterprise Solutions (B2B), and a range of decentralized identification technologies. It has joined forces with a wide range of financial institutions and is actively engaged with a number of government entities. 

About Beowulf Blockchain

Beowulf’s technology encompasses a comprehensive suite that handles various communication functions (voice/video calling, messaging) from front-end to back-end infrastructure, with enterprises paying per minute-of-usage; a decentralized distance learning platform named Victoria; and HANA, a comprehensive telemedicine system. QUICKOM is a US patent-pending platform by Beowulf that represents a monumental leap forward in corporate and personal communication in the digital age, by offering a customizable and anonymous QR code call service that replaces phone numbers with scannable QR codes. For hardware manufacturers and developers, Beowulf provides Beowulf Operating System, a futuristic business model for hardware manufacturers to offer free devices to their customers, the ‘open App Store’ concept for zero digital content fee, and world-class security.

About Coinplug

Coinplug is a global leading blockchain technology company based in South Korea and is a global leader in blockchain patent filings. The company focuses on the development of core blockchain technologies and providing technological solutions for governments and enterprises, with core areas consisting of a decentralized identity management platform, customized blockchain-based solutions for enterprises, and the Digital Asset Exchange (CPDAX), a global platform to exchange the world’s most prominent cryptocurrencies. 

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