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Enecuum and the Alphachain became partners

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Enecuum, the first and only company in the world offering a blockchain platform with the capability of mobile mining, and Alphachain, one of the most prominent investment blockchain funds in the world, signed an agreement to create a strategic partnership.

This newly-concluded agreement provides for full-scale cooperation aimed at the comprehensive development of a conceptually new 5th-generation blockchain by Enecuum in the shortest possible time.

It is worth noting that, along with the signed agreement, the founding partner of the Alphachain - Henok "Hen" Tekle also became the advisor for the Enecuum blockchain platform.

Henok "Hen" Tekle commented: «What I like about the project is the strong team.
The team is absolutely committed to making Enecuum a world-class DLT solution, not just pre-ICO, but immediately after the raise and beyond. Enecuum is enabling the development of a new economy from which entrepreneurs can create their own projects and launch their ICO by creating a token directly from Enecuum's platform».

Here is how Mikhail Saifullin, co-founder and CEO of Enecuum, commented on the signed agreement:

"We are very pleased that Alphachain, has become our partner. This is an indicator of the highest confidence and recognition on the part of their company, which cooperates only with the most promising projects that can change the world. Separately, I want to express my gratitude to the founder of the Alphachain, Henok "Hen" Tekle, for agreeing to become an advisor to our project. We are sure that, through our joint efforts, due to the widespread deployment of blockchain technology, we will be able to make the world a better place. "

Alphachain is a global consulting and investment company in the blockchain industry, investing in innovative blockchain-based solutions in the incubation stage of development.

The Alphachain Global LTD Fund was established in 2018 and is a limited partnership located to the Cayman Islands.

The fund specializes in platform and protocol level projects that promote the development of blockchain technology and digital currencies.

Mr. Henok “Hen” Tekle is the Co-founder and Managing Partner of AlphaChain, a blockchain advisory and investment fund. A notable blockchain angel investor, advisor, content creator and public speaker, Hen is a passionate advocate for the disruption brought by token economies and blockchain technology, and regularly speaks at conferences worldwide about these topics. Hen’s angel investment activities have delivered substantial capital and strategic value to early-stage companies in promotion of the development and mainstream adoption of blockchain technology.

About the project

Considered to be a fifth generation development of the technology, Enecuum’s blockchain was developed completely from scratch. The platform is optimized for building business applications focused on solving practical problems, including those from the real sector of the economy. The API is available for quick integration with existing business processes.

Enecuum developers have solved the problem of scaling and created a fundamentally new method of transaction recording called HyperDAG. The key differences between the new method and existing solutions are the ability to process hundreds of thousands of transactions per second, plus a high degree of protection against attacks. The transaction fee is zero or has a minimum value.

Platform developers have solved the problem of bandwidth and security, which is achieved through the use of multi-level consensus algorithms. This makes confirmation of transactions within the network significantly safer, and also allows one to connect to the process of forming blocks any device, including smartphones.

Enecuum has found an opportunity to improve existing mining algorithms on mobile devices to release the computing power of smartphones and even give the smartphone user the opportunity to receive tokens. Each smartphone owner can increase the power of his or her device for verification and validation of transactions, calculation of smart contracts and decentralized data storage with the use of “shared secret” technology.

For Enecuum, the power of the video card in a given device is not important; the network actually gets more powerful as the number of network participants increases. The more smartphones there are in the network, the more its capacity.
The Enecuum platform is so flexible that it allows a client to create almost any solution for B2B and B2C segments: from payment services to secure corporate data exchange systems.

The head office is located in Hong Kong with offices in Germany and Russia.

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