TZ APAC, one of Asia’s adoption entities supporting the Tezos ecosystem, has announced the deployment of new investments in the Asia Pacific region across business development and marketing. It will also launch a new strategic partnership with Tezos India to drive developer education and recruitment.

The strategic regional commitment from TZ APAC will build on prior successes including Tezos integration with BSN, the China state blockchain network, Tezos integration into ride-hailing app Tada, and ongoing collaborations with tech companies such as IBM and Microsoft.

According to TZ APAC, corporate brands, and governments want to know how to leverage the transformational power of blockchain. The company aims to empower enterprises and individuals to harness the power of the Tezos blockchain by providing capital deployment, resource development, strategic advisory, project management, as well as marketing and strategic communications services in the region.

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“Asian enterprises today are increasingly recognizing the revolutionary power of blockchain and are looking for new ways to disrupt industries,” said Joe Hwang, director of Business Development, North Asia at TZ APAC. “TZ APAC’s mission is to enable its high-performance and growth in the region and beyond. Our community of innovators and conscious creators is growing rapidly, and we want to play a key role in promoting sustainable development in Asia.”

Ecosystem Growth Grants

TZ APAC said that its commitment to the region can be viewed through its recent enterprise collaborations with leading players in the region. Most recently, TZ APAC led the integration of Tezos into BSN, China’s state-owned blockchain-based service network, where users will have access to Chinese enterprise chains, and into multi-chain lending platform ShuttleOne, a company developing a tokenization platform for real-world assets. TZ APAC has led projects with ride-hailing app Tada, NFT platform AmplifyX, and helped incubate the fastest-growing NFT artist community in Asia.

TZ APAC is proud to announce the Ecosystem Growth Grants (EGG) program. The developer relations program aims to cultivate new ideas through small-level funding and will provide direct funding to creators and developers exploring the Tezos network. The program expands the reach of the Tezos community to new builders and creators to act as a springboard for early-stage concepts, from NFT platforms to developer tooling to DeFi building blocks. The program is managed in partnership with Tezos India.

Proof-of-Stake blockchains

Tezos celebrated its three-year anniversary this year, making it one of the first and longest-running Proof-of-Stake blockchains. Tezos consumes over 2 million times less energy than Proof-of-Work networks. Network activity on Tezos has grown 1,200% this year, with over 5 million contract calls in the last eight weeks, due in part to its energy-efficient design and ease of use. With the region’s robust push into sustainability, TZ APAC aims to unlock opportunities and embolden clean innovation while ensuring energy-efficient consumption and a negligible carbon footprint.

For the year ahead, TZ APAC is looking forward to engaging with the global community through the upcoming Singapore Fintech Festival, happening in November 2021, to showcase the strength and evolution of the Tezos blockchain.