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FLETA and NEO Signed a Strategic Partnership

Fleta | 05.22| 7

FLETA signed a strategic partnership with Neo.

Neo is an open-source platform driven by the community. It utilizes blockchain technology and digital identities to digitize and automate the management of assets using smart contracts. Using a distributed network, it aims to create a smart economy by building infrastructures of the next-gen Internet and creating a solid foundation for mass blockchain adoption.

Through this partnership, FLETA will utilize Neo-VM to its mainnet. By using Neo-VM, additional development process when issuing a new smart-contract is not needed, which will lead to enhancement of the smart-contract upgrade process.

After Neo-VM is deployed on FLETA Mainnet, FLETA and Neo will together develop on various use cases. The first use case will be an RWD(Real World Data)-based Clinical Research Data Registry Platform using Blockchain. FLETA has already worked on an Onchain Clinical Trial Data Collecting Tool in 2019 as a government project, so the medical industry is familiar to it. Through the partnership, FLETA plans to expand the project outside of the S.Korean market.

RWD(Real World Data)-based Clinical Research Data Registry Platform will be a driving force to medical fields as the industry aims to prevent manipulation of medical data. For this reason, KyungHee University Medical Center, located in Seoul, South Korea, will provide the clinical data it has been collecting for nine years to assist the project’s success. The data will be used for this project and make the RWD(Real World Data)-based Clinical Research Data Registry Platform more accurate. It will be exciting to see Korean organizations and blockchain companies collaborate.

FLETA has been looking for means of improving the FLETA network’s performance for developing use cases. In turn, through collaboration with Neo, FLETA found a way to enhance its chain. With the development of the FLETA network, both companies keep working on creating more use cases, and partnership with NEO will help FLETA advance to the global market.

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FLETA and NEO Signed a Strategic Partnership was originally published in FLETA on Medium, where people are continuing the conversation by highlighting and responding to this story.

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