New Blockchain Partnership Aims to Pave the Way for Mass Adoption in China

A blockchain platform and a mobile gaming company have unveiled a partnership designed to benefit hundreds of millions of users.

High Performance Blockchain has announced it is the first public chain to team up with gaming company Shanghai Youwan - paving the way for widespread adoption by the customers of some of China's biggest brands.

As a result, a broader number of apps and companies will be able to use HPB coins and benefit from what the scalable blockchain has to offer.

Bringing blockchain into people's livesShanghai Youwan has a base of millions of users, with 300 employees developing 20 new games a year for the public to enjoy.

The cross-platform, multiplayer service has accrued more than 800 million accounts since launch, with the company striving to deliver innovation in gameplay as well as the in-game economies and financial models that players interact with.

The company says that "An immense portion of the public" are going to be exposed to the company's blockchain as a result of the partnership - and in time, both businesses hope to work together more closely in other sectors, such as health care, food, housing and transportation.

HPB is available here"The scope of this partnership, and initiatives at hand is another signal that is showing the world that blockchain adoption is happening, and the potential it has to be integrated into our daily lives," the companies said.

HPB believes its solutions are going to provide an additional layer of security in Shanghai Youwan's data, and help the company cater to user demand and consumption preferences far more effectively than it did before.

The blockchain company previously struck a deal with UnionPay Smart, the big data arm of the Chinese financial giant.

Their collaboration has been designed to help the company, which beats Visa and Mastercard to claim the title of the world's largest card payment organization, enhancing communication between stakeholders through the use of blockchain's authorization and traceability.