“Why did Aergo and Blocko choose the direction to follow the “Silk Route”? : article by Mr.H

On September 11, an interesting article about the geographical development of Aergo was published on Mr.H’s page in the medium.

Still me, Mr. H. Today I will analyze why Blocko and Aergo chose to follow the “Silk Route”. Why did they choose the Middle East as the next base point in their world conquest?

About the history of the “Silk Route”?

The “Silk Route” is a historic trade route from the second century BC to the 14th century AD, stretching from Asia to the Mediterranean, passing through China, India, and Persia, Arabic, Greek and Italian.

Dubbed the Silk Route because it took place the silk trade during that period. This valuable fabric originated in China, initially having a monopoly on manufacturing until the secret spread of how it was made. In addition to silk, the route also facilitates trade in fabrics,spices, grains, fruits and vegetables, animal skins, wood, metals, gems and other valuable items.

In 2013, China announced plans to revive the Silk Route, connecting more than 60 countries in Asia, Europe, Africa and the Middle East.

Silk Route is a series of ancient trade networks connecting China and the Far East with countries in Europe and the Middle East. The route consists of a set of transaction points and markets used to help store, transport and exchange goods. It is also known as Silk Road instead of Silk Route.
Tourists have used camels or horse wagons and stayed in guesthouses or inns usually only a day away from each other. Tourists along the Silk Road shipping lanes, can stop at ports for drinking water and commercial opportunities.

The opening of the Silk Road brought many products with a major impact on the West. Many of these items originated in China, including gunpowder and paper. They became one of the most traded commodities between China and its Western trading partners.

And up to now, the Silk Road is still considered the largest Supply chain in the world.

But, what I really want to say is not about the Silk Road but about Blocko’s direction to conquer the world.

What’s next?

Look (note the yellow stars), I’ll first talk about how they chose offices:

Blocko’s Office: Korea and London (UK)

E24P Office: Abu Dhabi (U.A.E)

Office of Aergo: Hong Kong (China)

Their Office spreads are a great advantage. I appreciate them because it opened Office E24P in Abu Dhabi with the participation of Blocko, Al Nahyan family of Abu Dhabi, Topos and a leading research institute based in UK and China in the electrical sector. Quantum computing and network cryptography are primarily aimed at fostering innovation and accelerating growth in the high growth economies of the Middle East, Africa and Southeast Asia.

They chose Abu Dhabi (U.A.E) and the Middle East, for the following reasons:

– Geographically, the Middle East is an important bridge connecting Africa, Europe and Asia. They could get into Europe and Africa more easily.

– The UAE is a country with the top economy in the world with the advantage of a rich source of oil that contributes a lot to GDP in the Middle East (ranked in the top 3 of GDP in the Middle East, next to Turkey and Saudi Arabia. And globally, the UAE’s estimated GDP in 2020 is 987,456 billion USD (ranked 32nd in the world, 7th per capita in the world).

Source: https://en.wikipedia.org/wiki/United_Arab_Emirates

– The Middle East is also the top economic developed region in the world. They will certainly have a great advantage in finding clients in this area, because they are at the forefront, arguably the boldest direction I’ve ever seen.

Source: https://en.wikipedia.org/wiki/Economy_of_the_Middle_East

– U.A.E and the Middle East are an important alley of the world’s largest Supply chain, a blocking node to enter Europe, the region with the most vibrant and developed economy in the world. The reason they choose to follow the “Silk Route” to find customers and conquer the world is also for this reason. The fact that they opened an office in London also proved their ambition to become the giant of Enterprise Blockchain.

And Hong Kong and Korea offices will take on the mission of finding clients in the Korea and Asia region.

Source: https://en.blocko.io/media/the-first-100-billion-dollar-blockchain-company-could-be-the-next-sap/

The first step of adoption?

– Blocko and Aergo have been gradually applying them to businesses. In Korea, Blocko is a name that is definitely mentioned a lot (from 2014 to now 6 years), maybe they are not as flamboyant or loud PR as with Iconloop, but Blocko’s number of customers surpasses. the rest is indisputable.

– Aergo and Blocko have been transferring all private customer data (including government) from Coinstack to Aergo’s Private chain.

– They are also gradually moving Public customers to Aergo mainnet, Huyndai AutoEver may be the first name, next is Samsung, …

– Regarding the Middle East,

+ E24P signed a MOU with IRTI to launch Blockchain-based Smart Credit Management Platform.
Source: https://irti.org/irti-partners-with-samsung-backed-blocko-to-launch-blockchain-based-smart-credit-management-platform/

+ Beside, Most recently the core members of E24P deployed a number of large-scale blockchain-based solutions in the areas of digital finance and land registrations in the Middle East, allowing them to gain sponsorship from the ruling family of the United Arab Emirates in Abu Dhabi.

Pave the way to Europe? Become a global blockchain giant?

 The fact that they opened Office in London also partly said this. They don’t want to be named an Asian or Korean business, they want more than that, which is to become a global business with globally recognized success.

– So are you waiting for the next new thing that Blocko, E24P and Aergo will bring to us in the coming time? I have, how about you?

Source: https://medium.com/@Mr.H102/why-did-aergo-and-blocko-choose-the-direction-to-follow-the-silk-route-5128febd24e8