Shyft, the global blockchain-based network that facilitates secure sharing of attested and compliant data, has announced the signing of a Letter of Understanding with MLG Blockchain, a global consulting development and financial solutions firm. As part of this partnership, MLG Blockchain will become an active participant in the Shyft Network ecosystem and support the growth of the global community through education.
About MLG Blockchain
MLG Blockchain is a global blockchain development and consulting firm distributed across North America, Europe, and Asia, that is focused on building next-generation applications using blockchain and smart contract technology. They also provide educational executive workshops, blockchain certifications, and training.
How will the partnership work?
As part of this partnership, Shyft and MLG Blockchain will join forces to educate stakeholders on digital identity as one of many key applications of the blockchain. The first educational workshops using Shyft Network’s protocol as a case study is set to be deployed in Bermuda. This partnership aligns with Shyft’s mission to invest in Bermuda’s digital future through supporting education and local blockchain-based initiatives.
At Shyft we have an ambitious objective of building a global digital identity ecosystem that gives all citizens the opportunity to participate and we’re confident that by leveraging a network of experts like MLG Blockchain to build and implement solutions we will continue to experience growth across multiple industries and geographies.
Shyft’s technology will radically streamline and simplify data collection, reduce cost and minimize the cybersecurity risks inherent in traditional compliance systems. Shyft is making the global economy accessible for all, by creating credible reputations for the 3.5 billion consumers who are lacking “identities” by today’s standards.
For more information on MLG Blockchain please visit www.mlgblockchain.com
To learn more about Bermuda’s fintech strategy, please visit fintech.bm
Shyft is building the world’s first modern, secure, multi-stakeholder Blockchain-based trust network that enables KYC/AML attested data transfers. Join our Telegram (https://t.me/shyftnetwork), follow us on Twitter (https://twitter.com/shyftnetwork), GitHub (https://github.com/ShyftNetwork) and other channels found on https://www.shyft.network