FirmaChain and Bluehelix Korea announced that they are entering into a strategic partnership agreement. Bluehelix Korea is a joint venture established by Singapore based leader of blockchain financial information technology and security company Bluehelix. FirmaChain seeks to replace all written contracts governing social and legal issues by using an electronic contract platform based on FirmaChain’s data blockchain.

Bluehelix is a leading player in the fintech industry, providing decentralized financial services from financial transactions to digital asset management. The company was founded in 2018 by James Ju, the former CTO of Huobi Cryptocurrency Exchange, and other top talents from various tech and financial conglomerates such as Google, Alibaba and Tencent.

Currently, Bluehelix is in the process of expanding its horizon with its core business operation based on three pillars: HBTC chain development, SaaS exchange system development and HBTC exchange. For instance, HBTC exchange recently gained a lot of spotlight from industry specialists for the first listing of WOZX, a cryptocurrency developed by Efforce, a blockchain startup founded by one of Apple’s co-founder Steve Wozniak.

At its early stage, Bluehelix successfully received a US 15 million investment from investors such as Huobi Global and Node Capital, proving the company’s high business competency and immense growth value. Bluehelix Korea was founded in 2019 and is focused on expanding Bluehelix’s ecosystem. The co-founders and joint CEO of Bluehelix Korea Chae Hun and Lee Sangwook have worked as Strategic Planning Officer and CFO at Huobi Korea, respectively.

The gist of this partnership consists of promoting FirmaChain’s blockchain based electronic contract service and enhancing both firm’s technological expertise through continued cooperation. Starting with FirmaChain’s mainnet Augustus, the companies expect more cooperation and collaboration on several different projects in the future.