UMT AG agrees on cooperation with Coinsilium Group
UMT United Mobility Technology AG and the London-based Coinsilium Group Ltd have decided to cooperate in the development of blockchain technology for mobile payments services focused on the B2C market. “The order potential and volume for digital tokens as an exchange medium for mobile payments is enormous. Blockchain and mobile payments are global megatrends” said Dr. Albert Wahl, CEO of UMT AG. “In the cooperation with our investment Coinsilium, we will benefit from their expertise in blockchain technology and their excellent network within the community,” continued Dr. Albert Wahl.
The Coinsilium Group Ltd. is an investment company that specializes in financing blockchain companies and start-ups. Headquartered in London, Coinsilium focuses on driving innovation in the fintech and blockchain industries, benefiting from its strong growth. The Coinsilium shares are traded on the London NEX Exchange Growth Market.