Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites.
Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. For avoidance of any doubts and to make it easier, you may consider any links to external websites as sponsored links. Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

XCHNG Secures Investment From Global Blockchain Investment Fund, #Hashed

Investment Will Further XCHNG’s Mission To Bring Premier Blockchain Protocol To Digital Advertising Ecosystem

Kochava Labs SEZC, a research and development subsidiary of Kochava Inc., announced a lead investment from global blockchain investments fund, Hashed, in XCHNG, the open source blockchain framework for the digital advertising ecosystem. As one of South Korea’s first crypto assets funds, Hashed focuses its investments on high-performance blockchain protocols that are applicable to industry.

With Hashed’s investment secured, XCHNG intends on including additional private presale partners and will continue its current efforts in establishing OnXCHNG partners and building out the protocol leading up to a sandbox launch, anticipated for Q3 2018.

XCHNG is built upon a high performance blockchain and is designed specifically for the digital advertising industry—capable of handling millions of transactions per second, as demanded by the current ecosystem. XCHNG’s daily rolling chain capability makes it one of the fastest blockchain protocols in the space.

Kochava Labs CEO, Charles Manning, said: “With XCHNG, we are focused on building a new set of standards for the digital advertising industry to combat some of the most prevalent issues faced by marketers and publishers alike. The Hashed team understands our long-term vision and what we are trying to achieve. As XCHNG continues to develop, it is important for us to have insight and guidance from key players at the intersection of blockchain and advertising. We’re thrilled to have Hashed onboard and look forward to working intimately with the team to catapult XCHNG into the premier blockchain solution for the ecosystem.”

Hashed’s largest holdings currently include major blockchain projects, including EOS, OmiseGO, Ethereum, and Kyber Network. The fund focuses on the long-term value of projects and industry transformation through blockchain technology.

Hashed CEO and Partner, Simon Seojoon Kim, said: “At Hashed, we are very passionate about the potential of blockchain technology and are focused on projects that have real impact to disrupt the status quo. We come from a variety of backgrounds, including serial entrepreneurs to engineers and investment professionals. Half of our partners, at one point in their careers, have worked in ad tech and are very familiar with the frictions and challenges in the space. We’re all big fans of Charles and his team’s work and are confident that if anyone can bring blockchain to the ad tech industry, it’ll be XCHNG.”