• Skip to main content
  • Skip to secondary menu
  • Skip to footer

Press Media Release

press release distribution

  • Submit a Press Release
  • Market Wire
  • Make a Contribution
  • About
    • Template for press/media release
  • Contact

AI Start-Up TEAL and CorionX Join Hands to Develop a Sustainable Crypto Currency System

October 20, 2020 By admin Leave a Comment

TEAL, the smart blockchain ecosystem, is partnering with CorionX, the Corion Foundation that supports stablecoin and DeFi awareness through its #MoneyInTheRightDirectionMovement. The aim of the partnership is to develop a sustainable crypto currency system for the TEAL Marketplace and other decentralized services. The partnership will consist of the joint development of a sustainable monetary system while broadening public awareness about the functioning and possibilities of the blockchain technology for businesses.

The first application of a jointly developed sustainable crypto currency system is the TEAL Marketplace, a decentralized marketplace with social network functions,connecting consumers with the best recommendations, and merchants with the most suitable customers through proprietary artificial intelligence. The partnership enables TEAL to take a further step towards offering decentralized finance services, which would allow for a clear reduction in time to market. The TEAL Coin that serves as an economically flexible currency on the marketplace will serve as a powerful showcase of the opportunities of a hybrid coin that is neither fixed nor speculatively traded.

Miklos Denkler, Board Member at CorionX: “We are very excited about our new partnership with TEAL. By setting a strong example, the revolutionary TEAL Marketplace truly has the capability to show the potential of sustainable crypto currency systems to the rest of the world. This way, our collaboration will be able to advance the goals we set out to achieve with our foundation.”

Klaus Holthausen, co-founder and CEO of TEAL: The synergies that this cooperation provides are very promising. The knowledge on monetary theory that CorionX brings to the table is incredibly valuable for further developing our ecosystem. I am very happy that TEAL in return can contribute to realizing CorionX’s vision. A vision we strongly share.”

ABOUT TEAL AI AG
TEAL is the smart blockchain ecosystem from Europe. TEAL interlinks the decentralized structure of the blockchain with a tried and tested, associative AI and thus creates a large number of new potential applications for consumers and companies. The first solution within the smart blockchain ecosystem is the TEAL Marketplace. On this marketplace, the blockchain enables immediate and transparent transactions between user and brand. At the same time, each party retains ownership of its data. The associative AI ensures that search results and recommendations match the actual wishes of users. https://teal.digital

Filed Under: Press Release

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Recent Posts

  • The Role of Forests in Climate Change Mitigation
  • U.S. Department of State, Bezos Earth Fund, and Rockefeller Foundation Announce Next Steps on Energy Transition Accelerator
  • Social Media Digest
  • COVID-19 Claims 2,000 Lives Per Week; 3 Critical Things Everyone Should Know
  • Economic Uncertainty Rising, 83% of Marketing Leaders to Prioritize Investments in Operational Efficiency and Hiring in 2023
  • PXEF.com adds new AI painting to art gallery: “Rich girl, poor girl in the swimming pool”
  • Market Research Media releases new market research report on the U.S. government market for low-code/no-code software
  • XRY, the MSAB extraction solution, comes with new features centered on ensuring the chain of custody of digital evidence
  • Ultisim Announces Advisory Board
  • Exclusive.org Announces Sale of Exclusive Domains

Media Partners

  • VPNW.com
  • OPINT
  • Digital Market
The Importance of Mental Health in the Workplace
Software developer is the king in today’s job market
Why companies should think twice before pulling back on work flexibility of remote workers
What is self-affirmation?
Two thirds of European citizens intend to use new EU-backed wallet for secure storage of ID cards, licences and documents on smartphones
The Chinese economy has been hit by the impact of the Covid-19 pandemic and a slowdown in the property market
Palliare Completes $8m Series A Funding Round
Event and Venue Platform OnePlan raises $3.8M
Repeat Raises $6 Million in Series A Financing to Help CPG Brands Turn One-Time Buyers Into Repeat Customers
The skills required to conquer adversity
FTX US Launches FTX NFTs
S3H.com
HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
Thales Major Citizen Survey Predicts Warm Welcome for New European Digital ID Wallet (EDIW)
Arianee, which provides NFTs tied to the provenance and ownership of luxury goods, raises a €20M

Media Partners

  • Media Instances
  • PXEF.com
  • S3H.com
How France Celebrates Bastille Day
Maritime transport accounts for about 14% of European total annual greenhouse gas emissions
The History of the Ostrich-Feather Fan
Opportunists lack staying power
Apple Introduces the Powerful Next-Generation Apple TV 4K
Today is World Refugee Day
Can you travel the world on a sailboat?
How to make more time for yourself without losing productivity
Digital gift ideas that you can consider
Nantes hit with 42°C heatwave
Social media has the power to transform lives
The world has seen a disturbing trend in recent years of cooperation giving way to competition and ultimately conflict
What are we doing to mitigate climate change?
Fish Memory Syndrome
War and extreme weather events can both contribute to food insecurity

Copyright © 2022 PressMediaRelease.com

Sponsored by Exclusive Domains

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT