Well, GoChain had a week that went surprisingly unnoticed in the crypto-space. GoChain announced two pivotal partnerships in the enterprise blockchain solutions arena.
The 1st announcement being GoChain’s long-anticipated partnership with DISH Network.
This partnership sees DISH Network (a multi-billion dollar satellite communications & technology provider) as a signer of Nodes on the GoChain network. This partnership did not stop there. GO and DISH have also agreed to pursue further blockchain projects together.
Could this mean something to do with wagering on the DISH Network using GO tokens?
Could Dish Network be planning on launching their own token on the GO Blockchain?
The agreement to collaborate is very exciting. What it yields in the future will determine if GO exponentially increases in value or remains stagnant.
However, one thing is exceptionally important. GO has a long term deal to collaborate with DISH’s future blockchain dealings.
What could be bigger than a DISH Network partnership? A Microsoft one.
This week GO announced a Decentralized Identity Proof of Concept with Microsoft Unified Support. Earlier this year in GO’s updated roadmap, they pivoted to more enterprise solutions and identity solutions. Thus far, that pivot has already yielded a partnership with DISH and a 2nd with Microsoft.
GO has recently started on their Decentralized Identity Proof of Concept in coordination with Microsoft. What could this mean for the future of identity solutions? Driver’s licenses? Voting ID Cards? Elections?
What GO and Microsoft are collaborating on could change the way identities are stored throughout government agencies.
The concept is a government agency could issue a user a verifiable digital identity that would be stored on the blockchain, GO’s. This would allow all individuals to have ID cards that are digitized vs having to worry about maintaining a hard copy. This would also dramatically reduce fraud in the identity space as this digital ID would be almost impossible to replicate. Think BTC, you can fork it 100x but the original is still supreme. ID’s would not be “forkable” but the fraud that plagues the current identity system would be removed if digitized on the blockchain.
2 Partnerships and More Plans
GO’s team along with the development has not yielded during the prior bear market by any means. Surprisingly, GO has actually depreciated in Satoshis the following few weeks. The two major announcements and partnerships seemed to have gone unnoticed in the crypto space with GO looking like a strong option for a breakout in the near future.
GO’s team is still currently on the final leg of negotiations with a foreign government to run their entire upcoming elections on the blockchain. This coupled with endless collaborations in the future with business enterprises looking to enter blockchain tech make GO a very interesting option in the short and mid-term.
GoChain’s CTO Travis Reeder’s addition to the Salesfroce team as an advisor ($100 billion market cap) should yield positive returns for GO. Closing a possible upcoming election deal and any further information regarding their partnerships will also be positive catalysts.
Few coins are currently traded on the top exchanges with under a $15 million market cap and news rolling out weekly. GO is one of them.
[Disclaimer: This views expressed in this article do not reflect the views of Blockchain Reporter and should not be taken as financial advice.]
To read the Crypto King’s prior articles or to get in contact directly with him, you can on Twitter (@JbtheCryptoKing) or Reddit. The King is the founder of PocketNode, ANON and actively trades cryptocurrencies.