Ookami and National Currency eXchange to share IP, produce new digital asset technology

Ookami (ASX: OOK) has edged further into the cryptocurrency space after securing a collaboration agreement with National Currency eXchange Group, with the duo to share intellectual property to develop new synergies and technologies.

According to Ookami, the collaborative agreement complements its business model to develop technological solutions that encompass blockchain technologies, smart contracts, anti-money laundering, identity management and verification, data markets, digital asset wallets and exchange platforms, security and encryption, among others.

The National Currency eXchange is a platform for investors to trade cryptocurrencies such as Bitcoin and Ethereum.

As part of the collaboration, Ookami and National Currency eXchange will create a “preferred” client model which enables people to use Ookami’s various technology and products offerings such as Akela.

Akela is Ookami’s flagship investment and provides software as a service technologies and financial services software to boost efficiency and accuracy in public and private capital raisings.

Akela also delivers an integrated investment platform that allows its clientele to access offers and raisings that normally only industry professionals can participate in.

The collaboration between Ookami and National Currency eXchange aims to give Akela users access to integrated digital asset payment solutions for use in traditional equity offerings.

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Source: Ookami and National Currency eXchange to share IP, produce new digital asset technology – Small Caps