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TaaS contributes to vertical take off model.

AIRLINE INDUSTRY INFORMATION-(C)1997-2018 M2 COMMUNICATIONS

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As VIMANA Global's Token Generating Event is powering through the private pre-sale stage, TaaS fund has finalized its largest-ever contribution towards a portfolio project, solidifying its financial, technical and corporate ties with VIMANA, the company said.

The funds contributed by TaaS (Token-as-a-Service), a Singapore-based first-ever tokenized closed-end fund dedicated to blockchain assets, will go towards enabling VIMANA Global to roll out its Vertical Take Off And Landing Autonomous Aerial Vehicle Smart City Urban Air Mobility-centric program aimed at putting Smart Cities in charge of their Blockchain Airspace.

TaaS is an active blockchain ecosystem contributor. TaaS' innovative fund management approach encompasses active trading of cryptoassets and contributing to the most promising blockchain projects. TaaS puts hundreds of projects through a thorough financial, technical and legal due diligence, selecting just a few for its portfolio. The most notable partnerships concluded by TaaS include contributions to Bancor, TenX, ICON and Singularity.

VIMANA Global's turnkey solutions fuse aerospace design with blockchain technology. A team of aerospace engineers led by VIMANA Global CEO Evgeny Borisov has developed VTOL AAVs that lay foundation to a facilities-based blockchain-in-the-sky network. VIMANA is destined to become the backbone of Smart City Blockchain Airspace network that would host other AAVs, UAVs and airspace-specific blockchain applications.

Token-as-a-Service (TaaS) is the next generation tokenized closed-end fund actively contributing to the development of the blockchain ecosystem. Utilizing Ethereum blockchain and its Cryptographic Audit technology, TaaS offers a brand new comprehensive approach to capital raising, fund management, and auditing with full transparency for its token holders.

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Publication:Airline Industry Information
Date:Feb 12, 2018
Words:271
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