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Cosmos Group Holdings And Smart Citi Teknologi Announce A Strategic Partnership To Roll Out Smart Cities Solutions With Art & Cultural Blockchain Services
Cosmos Group Holdings And Smart Citi Teknologi Announce A Strategic Partnership To Roll Out Smart Cities Solutions With Art & Cultural Blockchain Services.
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[{"type":"text","content":"\n\n\n\nCosmos Group Holdings And Smart Citi Teknologi Announce A Strategic Partnership To Roll Out Smart Cities Solutions With Art & Cultural Blockchain Services\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCosmos Group Holdings And Smart Citi Teknologi Announce A Strategic Partnership To Roll Out Smart Cities Solutions With Art & Cultural Blockchain Services\nPR Newswire\nSINGAPORE, May 3, 2023\n\n\n\nSINGAPORE, May 3, 2023 /PRNewswire/ -- Cosmos Group Holdings (OTC:COSG) and Smart Citi Teknologi have signed a Memorandum of Understanding (MOU) for a strategic partnership that aims to leverage Cosmos' expertise in Art & Cultural Digital Ownership Tokens (DOTs) to advance Smart Citi Teknologi's development into Smart Cities Solutions.\nSmart Citi Teknologi is a Philippines-based tech company specialized in the development and integration of technologies into Smart Cities Solutions. The company provides a comprehensive range of services that enable the development of smart, sustainable, and inclusive cities. Cosmos Group Holdings, on the other hand, is a provider of services related to the Art & Cultural Digital Ownership Tokens (\"DOTs\"), specifically, non-fungible token created by utilizing distributed ledger technologies and non-fungible tokens (\"NFT\") technology with a unique identifier to reflect the digital ownership title to a tangible or an intangible asset by embedding legally binding ownership documentation into the metadata of the DOT and securing such metadata on a blockchain.\nUnder the terms of the MOU, Cosmos Group Holdings will provide Smart Citi Teknologi with services related to the creation of Art & Cultural DOTs for all tangible and intangible assets, which will be exclusively used by Smart Citi Teknologi for its Smart Cities Solutions. The parties will also contribute their respective proprietary technologies to create new services for their respective markets.\n\"We are excited to partner with Smart Citi Teknologi to bring the benefits of Art & Cultural DOTs to Smart Cities Solutions,\" said Terry Lee, Chief Executive Of...