BEATOZ Foundation announced on the 4th that it has signed a definitive agreement with HashKey Cloud, a Web3 infrastructure company under HashKey Group, for participation as a validator in the BEATOZ Network. With the addition of a global node validation operator, BEATOZ has strengthened the stability of its network infrastructure and its technological competitiveness.

HashKey Cloud is a blockchain infrastructure specialist that has provided node validation services to multiple public chains since 2018. Under this collaboration, which has been converted from a memorandum of understanding (MOU) signed in January to a definitive agreement, the two companies will pursue cooperation in various areas including node infrastructure design, security standard establishment, and ecosystem programs.

Based on its hybrid blockchain and payment solution “CPG (Crypto Payment Gateway),” BEATOZ has been conducting online and offline payment technology proof-of-concept (PoC) projects with Hana TI, iM Bank, Jeonbuk Bank, Kovan, Modetour, PopPop and others. During the actual verification process, it confirmed network operability by validating transactions through validator nodes.

BEATOZ plans to use this collaboration as a springboard to expand from the domestic technology verification stage into Asian and global markets. Following its earlier cooperation with European firm StaBillon, this agreement will serve to broaden its connectivity base into Hong Kong and the wider Asian region.

Piotr Majka, Head of Global Business at BEATOZ Foundation, stated, “The participation of HashKey Cloud, a global infrastructure company, is both evidence of the technological maturity of the BEATOZ Network and an important pillar for expanding its business base into Asia.”

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