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
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.