Thai Ookbee, Computerlogy partner S Korea's YDM to form blockchain JV

A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration

Thai startups Ookbee U and Computerlogy on Tuesday joined hands with South Korean peer Yellow Digital Marketing Global (YDM) to form a joint venture focused on cryptocurrency, as per an announcement.

The blockchain platform – Six Network – will offer digital currency, SIX, for use as a utility token and help foster the development of the digital economy in Thailand. Investment of about 40 per cent each would come from Ookbee U and YDM towards the JV. Computerlogy will contribute to 20 per cent of the investment, as per a report in The Nation.

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