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”.

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 Bruce Jeong.

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.

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

Bruce Jeong (CEO and Co-Founder)

Bruce Jeong is a solicitor, accountant, entrepreneur and the Korean representative of the International Decentralized Association of Cryptocurrency and Blockchain (IDACB). Over the course of the years, Bruce Jeong has become a well-respected personality in the blockchain community and has been invited as a speaker in blockchain and crypto conferences all around the world. Bruce is also a regular contributor and author of Coin magazine and Crypto Press.

Ethan Lee (Founder)

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.

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/