TNC IT Group

TNC IT Group is a blockchain company based in Dubai

Summary

TNC IT Group is a blockchain company which major activities include investing both resources and guidance on blockchain and cryptocurrency companies, integrating blockchain technology, finding global standard developers, and so on. To do so, the company has developed a process through M&A to acquire different cryptocurrencies and blockchain companies around the world and integrate them in their network in an attempt to “unite the cryptocurrency world”. The company released its TNC coin on April 30, 2020, leading to a massive bullish price within the first hours due to its expedited listing and user base.

Dubai-based, TNC has been set up to provide a comprehensive blockchain service for their users covering a range of aspects including issuing, marketing, token listing and security.

In parallel, TNC has already invested US$5m in ABBC Foundation’s BuyAladdin project. BuyAladdin is a one-stop online marketplace for crypto users. The investment will accelerate the app’s development, ensuring fast and secure crypto transactions and protection from possible security threats. TNC’s native cryptocurrency, the Tokenncoin, will also be used for payment in the Aladdin Shopping Mall, the world’s first cryptocurrency shopping mall.

TNC IT Group is also involved in developing Smart Crypto Cities in different regions around the world. This is a concept of mixing the basis of the smart city designation given to a city that incorporates technologies to manage and optimise the quality and performance of the whole urban services such as energy, transportation and utilities in order to reduce resource consumption, wastage and overall costs with the broader use of blockchain solutions, crypto rewards and payment systems.

The current CEO of TNC IT Group is Ethan Lee.

History

TNC IT Group was formally established in October 2018, and began the blockchain and cryptocurrency market data research. In December that year, they established the first TNC branch offices and they started the analyst advisers and partners selection process.

In June 2019, TNC project kicked off as they announced the possible token companies to be merged. Their M&A scheme had started with the process of merging companies and token swap. Only a month later, the company announced the merging of 500+ blockchain and projects through M&A.

“By uniting cryptocurrencies and digital assets through a global coin and token M&A campaign, TNC IT GROUP is continuously developing and introducing new technologies that transform the global cryptocurrencies and blockchain industries. TNC IT GROUP aims to be a world-leading blockchain company that strives to innovate and contribute to the welfare of society and global blockchain communities, and propel the limits of imagination and beyond. It is my pleasure and honor to be appointed as CEO of TNC IT GROUP and to welcome you all to our official website,” said TNC IT Group’s CEO Bruce Jeong.

In September 2019, TNC announced 500+ partner developers consortium mainnet development project.

Activities

M&A Program

TNC is currently on the lookout for promising blockchain companies and startups who need assistance and guidance to progress fully. TNC will absorb them and form an extensive network of industry experts through its mergers program. This is a worldwide-scale mergers program. TNC, together with its team of appraisers, ambitiously aims to obtain the track record for the most number of merger partnerships within the crypto and blockchain sphere.

They guarantee to provide the best technical and management insights, as they have some of the most illustrious partners and advisors in the blockchain sphere. Likewise, the organization is keen at providing total blockchain solutions for these users such as issuing, marketing, token listing, security, and many more. Finally, they provide help to companies struggling with blockchain adoption to learn and harness its technology by connecting them to the most qualified developers in the industry.

TNC Coin

On April 30, 2020, TNC IT Group joined the cryptocurrency market with the listing of its TNC Coin.

TNC Coin dubs itself on its official website as “The Ultimate Blockchain for the Game Industry.” It was first advertised as a blockchain dedicated to the needs of game developers where they can create their own game currency with real crypto value. This way, users can earn crypto as they play. While this was the initial plan, the TNC vision is much greater. According to the TNC Coin CEO Mr. Jason Jang, the mainnet that the TNC team will develop is “beyond what is currently available in the blockchain and crypto market as of now.” The mainnet will be scalable and ready for expansion into other industries such as finance, logistics, real estate, and more industries. As the Crypto M&A project goes further, the mainnet will be targeting different industries based on the needs of merger companies.

As part of the company’s M&A program and due to the mass-scale token swap process, TNC’s goal with the TNC Coin is to be able to gather all existing scattered communities and unite them into one. As a result, TNC Coin will get accelerated in being listed on a number of exchanges and will advance in user adoption. TNC Coin token circulation will then be associated with the Crypto M&A program’s future success.

BuyAladdin Crypto Marketplace

Buyaladdin is a e-commerce platform that opens 100s of online shopping malls to crypto payments. TNC IT Group has invested $5 million to accelerate the app’s development, ensuring fast and secure crypto transactions and protection from possible security threats. TNC’s native cryptocurrency, the TNC, will also be used for payment in the Buyaladdin Shopping Mall, the world’s first cryptocurrency shopping mall.

Buyaladdin is set to change the e-commerce industry and boost cryptocurrecy adoption by integrating crypto payment into the daily lives of people. The app will feature more than 50 big-name companies to shop from including Amazon, from including Amazon, eBay, Alibaba, Rakuten, and AliExpress. Buyaladdin features mainstream cryptocurrencies such as BTC, ETH, and XRP to pay for purchased goods from different e-commerce malls.

Smart Crypto Cities

TNC IT Group has been developing a new concept of smart cities they call smart crypto cities. This is a concept of mixing the basis of the smart city designation given to a city that incorporates technologies to manage and optimise the quality and performance of the whole urban services such as energy, transportation and utilities in order to reduce resource consumption, wastage and overall costs with the broader use of blockchain solutions and crypto reward and payment systems. The aim of a smart crypto city is to improve the quality of living for its citizens through smart blockchain advanced technology and related solutions.

“Smart Crypto City technology enables us to interact directly with the society and infrastructure. We can monitor how events and the city develop.” Bruce Jeong

This includes a strategy to support the application of a wide variety of digital and electronic technologies, special Fourth Industrial Revolution – 4IR – Blockchain to the city and its communities.

Mission and Vision

TNC was established with the mission of uniting the cryptocurrency world. The organization’s core mission is to proliferate blockchain technology worldwide as an integral part of the improvement of various sectors of society. TNC has set the bar to merge more than 500 blockchain companies and escalate the number of successful cryptos and blockchain-based project development worldwide.

TNC also aims to unite crypto experts, blockchain developers, and entrepreneurs to build beneficial and strategic relationships that work together toward the progression of blockchain technology. Concerning this, great synergy in the industry will be formed as a strong network of tech experts and company partnerships is being created.

TNC envisions a blockchain-based society where complex community interactions are progressively made seamless, secure, and efficient. As an advocate of cryptocurrencies, decentralization, and other tech innovations, TNC aims to further accelerate the adoption of blockchain in various industries and communities worldwide.

Also, TNC believes blockchain projects can soar to new heights when industry specialists come together to share their expert knowledge through consultations for new budding tech entrepreneurs and players in the market.

Board Of Directors

Ethan Lee (Founder and CEO)

An experienced C-level executive in the IT and fintech industry, Ethan ventured into blockchain technology after receiving a primer on Bitcoin from top Korean executives. He worked at Samsung for more than 10 years. Now, he is working passionately to help cryptocurrencies gain mass adoption.

Jason H. Jang ( Co-Founder & Executive Director)

With a combined experience of more than 4 years in leading various blockchain groups, Jason has proven to have the foresight into the decentralized future. He currently serves as the CEO of Deboot Blockchain Consulting and Media, Blockchain Educational Committee at Global Blockchain Organization, Board member of HKIBFA, CIO of PAYX Foundation.

Tad Einstein (Chief Technical Officer)

Tad is currently a Senior Program Manager at Google Cloud. He originally joined Google as the first Customer Engineer in the state of Florida. He was a Global Solutions Architect for Equinix and a Consulting Technical Director for Oracle Corporation. He worked for the largest Market Maker on NASDAQ and also worked for Pearson, Inc. He speaks at many global events and is a Technical Consultant for many startups.

G.W Lee (Chief Strategic Officer)

G.W is the Chief Strategy Officer of TNC. He is also the CSO of ABBC Coin. He has been in the cryptocurrency and ICO development scene for over 4 years, and has 6 years of experience in international finance, financial technology, and strategy. As a visionary, GW has founded various initiatives in the blockchain sphere.

References

https://medium.com/tncitgroup/tnc-spotlight-ceo-bruce-jeong-a-blockchain-visionary-d5cf48b5f0ed

https://tncitgroup.com/whitepaper.pdf

https://tncitgroup.com/

https://www.realwire.com/releases/TNC-IT-Solutions-Group-to-unite-the-world-of-cryptocurrency

https://www.intelligenthq.com/interview-tnc-groups-ceo-bruce-jeong-ma-smart-crypto-cities-blockchain/

https://blockleaders.io/2019/07/24/buyaladdin-launches-global-crypto-marketplace/

https://www.hedgethink.com/can-tnc-it-group-the-leading-blockchain-and-crypto-company-unite-the-crypto-world-with-its-tnc-coin/