INDIANAPOLIS, IN - Blockchain hardware firm Medium and blockchain investment education firm Sarson Funds signed a memorandum of understanding (MOU) last Wednesday (April, 22, 2020), in a signing ceremony hosted via Zoom with attendees from Medium’s Seoul, Korea headquarters and Sarson Funds’ offices in Indianapolis and Boston.
After experiencing rapid growth in the Asian market, Medium is now geared to expand into the US cryptocurrency and blockchain investment market. The agreement solidifies the shared opinion about the importance of hardware-based blockchain technology in the emerging global blockchain ecosystem.
Medium established the concept of FPGA-based BPU (Blockchain Processing Unit) and brought the world's first hardware blockchain technology to the commercialization stage. Through Sarson Funds’ blockchain technology and cryptocurrency education programs, Medium hopes to share insight into the rapidly expanding hardware component of blockchain-powered transactional efficiency and security.
The MOU specifies plans to move forward with a formal Joint Marketing Agreement, which will lay out the provisions of a partnership to bring Medium and the Medium token, into the sights of US markets and investors.
Through this partnership, Sarson Funds will provide US investors and financial advisors with investment-grade analysis, insight, and resources on Medium’s world-class blockchain technology.
Medium hopes to use the opportunity with Sarson Funds to continue its growth by expanding to US markets and investors. Medium is already riding a wave of momentum, having recently launched TestNet, a high-performance blockchain platform with speeds of up to 100,000 TPS, which is 10,000 times faster than Bitcoin, more than 3,500 times faster than Ethereum, and 250 times faster for EOS, according to Medium representatives.
Sarson Funds CEO John Sarson, expressed enthusiasm for the venture, saying, “as the world's understanding of blockchain deepens, we’re thrilled to include visionary hardware firms like Medium into our partner community. Medium's world-class blockchain transactional technology adds important diversification for our suite of investor videos, analysis and research reports, and through our community of cryptocurrency financial advisors.”
About Medium: Medium is a Korean blockchain technology company specializing in the development of high-performance blockchain core systems and hardware acceleration technology.
About Sarson Funds: Sarson Funds is an independent provider of blockchain technology focused investment vehicles and cryptocurrency-oriented market intelligence, providing cryptocurrency and blockchain technology related education, consultation and investment solutions to its community of more than 10,000 affluent investors and Financial Advisors.