hiblocks Signs MOU with GMC LABS
On August 3rd, GMC Labs, a fintech company developing an integrated asset management platform, signs a MOU with hiblocks, a blockchain technology development and service company.
Through this agreement, the two companies plan to closely cooperate in various fields such as technology and human resources support to further solidify mutual development.
GMC Labs is an integrated asset management platform development company that manages financial and digital assets in one place. It aims to provide stable profits through big data and algorithm-based investment systems.
GMC Labs’ automatic trading and finance service ‘Buligo’ supports anyone to start investing easily and conveniently, breaking away from the traditional method of investing. According to GMC Labs, it is an artificial intelligence (AI) investment product that is called in the highly volatile virtual asset market and generates a stable rate of return with an in-house developed algorithm, enabling profit earning by operating the program 24 hours even in the offline state. In addition, an integrated asset management platform ‘Momogo’, which adds digital asset management services to open banking, is also in preparation.
hiblocks is a company that develops and services a blockchain-based platform and is servicing the social media platform ‘HABL’. HABL is attracting attention as a new app tech because it is equipped with a revenue sharing model that allows users to collect and view numerous contents scattered on existing social media such as YouTube, Facebook, and Instagram in one place.
Points are earned through all activities such as sharing content, commenting, and clicking “Like” in HABL. The points are calculated weekly, which will be eventually paid in HIBS tokens provided by HABL.
A hiblocks representative said, “Through this collaboration, we are expecting various technical collaborations between the two platforms. This partnership with GMC LABS will bring greater synergy to optimize various areas including technology and service. By maximizing business synergies, we will provide high-quality services and contents to our customers.”
Further, hiblocks is creating a new culture of making money by using social media with ‘curation’, which allows users to select, share, and communicate vast amounts of online content according to their preferences, and ‘App-tech’, which allows users to earn money according to their activities. Despite still in its beta-test phase, HABL launch is well-received in the social media and financial tech category. In fact, the app has also been ranked in the top 10 popular apps in Google Play/App Store, surpassing 200,000 users.