Image credit: Launchpresso

Fantom (FTM), a Directed Acyclic Graph (DAG) based smart contract platform that aims to solve the scalability issues of distributed ledger technologies, recently announced a new partnership with the Worldwide Blockchain Innovation Association (WBIA), a global association focused on public policy coordination around the use of distributed ledger technologies.

According to the announcement, the partnership will provide Fantom with access to WBIA’s expertise on blockchain-related frameworks on the government level.

This news comes shortly after Fantom unveiled a major partnership with Seed Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum that will help bring blockchain technology to Dubai. The new collaboration with WBIA will support Fantom’s efforts in Dubai, as well as Australia, through policy research, evaluation and framework development in the coming months.

“The WBIA is delighted to be partnering with Fantom as they develop frameworks to help Dubai achieve and deliver on its smart city initiative,” said WBIA Executive Director, Stuart Eaton. “Our goal is to help industry and government create the best policy settings to ensure the full range of benefits are achieved from blockchain-related projects for government and the community.”

FTM is currently down 2.3% over the last 24 hours to $0.023597, giving the altcoin a $42.8 million market cap.

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More: Fantom Foundation Partners with World Blockchain Innovation Association
Related: New Partnership Will Bring Fantom’s (FTM) Blockchain Tech to Dubai
Image: Launchpresso

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.



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