|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.
Further information can be found in the press release of Coinsilium Group Ltd.