Large-Scale Roadshow in Asia: Results and Achievements

Where to now?

The team is trying to cover more and more serious scales each time, discovering new horizons and reaching new heights.

The company’s founders, Roman Kravchenko (Chief Executive Officer), Ivan Balashov (Chief Financial Officer) and Alex Kryvoruchko (Chief Operating Officer) came back from the global Roadshow in Asia, the results of which we want to share with you.

Achievement #1

Strengthen partnerships with ProximaX

Since 2018, Memorandum of Understanding was signed between and ProximaX, based on which the companies have agreed to cooperate closely in the development of new technology use cases, research and development projects on the ProximaX Platform. These prospects are opened by using innovative technical knowledge of, especially in the field of IoT and robotics. is proud of such a partnership and as part of the Roadshow in Asia, the company’s founders visited the main ProximaX office in Kuala Lumpur. At the meeting with the ProximaX founder and co-founder, Mr. Lon Wong and Mr. Alvin Reyes, representatives of presented a certificate confirming the close cooperation of our projects and the common desire to develop innovative technological solutions.

Achievement #2

Public Sector Relations

Spring began with an important meeting for Roman Kravchenko, Ivan Balashov and Alex Kryvoruchko were honored to have an appointment with The Ambassador Extraordinary and Plenipotentiary of Ukraine to Malaysia — Olexander Nechytaylo.

It is worth noting that the embassy performs an extremely important mission to assist the Ukrainians, who are in Malaysia. First of all, it is legal support and protection of the rights and freedoms of Ukrainians, assistance in adapting to the conditions of the cultural and social diversity of the Asian region, and, of course, consultations of Ukrainian specialists and entrepreneurs on business issues. discussed with the Ambassador Extraordinary and Plenipotentiary of Ukraine to Malaysia the organization of educational events for both business and the Malaysian government sides, research projects involving experts from the Ukrainian technological community, and’ participation in the Malaysia Investment Development Authority (MIDA) as a research company. We thank Olexander Nechytaylo for the fruitful conversation and are confident that together we will be able to achieve all our goals.

Achievement #3

Acquaintance with the Cyberjaya ecosystem and technology park’ founders also did not miss the opportunity to get to know the city, which is distinguished by an innovative science park. Cyberjaya can rightfully be considered a real technological hub and Silicon Valley of Malaysia. As a key part of the Multimedia Super Corridor in Malaysia, Cyberjaya coexists and develops with Putrajaya, the new seat of the Malaysian government.

Cyberjaya attracts hundreds of technology projects from around the world, thus turning from a center established to attract research and development initiatives to one of the main places for the global common services and outsourcing sector, taking third place after India and China.

Achievement #4

Meeting with MAGiC representatives (The Malaysian Global Innovation and Creativity Centre)

Another achievement of Roman, Ivan, and Alex can be called a meeting with MAGiC representatives.

The Malaysian Global Innovation and Creativity Center was opened in 2014 under the auspices of the Ministry of Finance and today, MAGiC promotes and supports the growth of entrepreneurship in Malaysia in order to stimulate the sustainable development of ecosystems through creativity and innovations. The missions of the organization are also to create value and new economic incentives for Malaysia, collaborating with other government agencies, corporate players and community stakeholders.

At the meeting, discussed open opportunities for cooperation with the innovation ecosystem of Malaysia in the framework of participation in the acceleration program GAP (Global Accelerator Program) and access to the ASEAN markets.

It is worth noting that the ASEAN (The Association of Southeast Asian Nations) market is a serious enough springboard for introducing advanced blockchain solutions since this political, economic and cultural regional intergovernmental organization includes 10 countries located in South-East Asia.

Achievement #5

Discussion of cooperation with MAMPU with the assistance of the Embassy of Ukraine, with the assistance of the Embassy of Ukraine in Malaysia, held a meeting with MAMPU representatives on the issue of cooperation in the development and research of innovative solutions based on blockchain technology.

MAMPU (The Malaysian Administrative Modernization and Management Planning Unit) is one of the leading government institutions in Malaysia, which is responsible for modernizing and reforming the public sector. Based on the MAMPU missions, for it was important to make a presentation of the Ukrainian IT sector potential and discuss cases of using the distributed registry technology (blockchain) in the public sector.

Representatives of talked about digital identification, supply chain management, and also about the economy of robots possibilities.

During the conversation, a prototype of the ProximaX Identity solution developed jointly with ProximaX, was presented.

ProximaX Identity is a unique card that allows creating a unified system of identity cards for the population of any country, which can be used to store important information in a permanent and verifiable form.

Following this link, you can learn in detail about the ProximaX Identity capabilities.

Achievement #6

Participation in the Foresight Interconnect forum and meeting with MIGHT representatives

The founders of took part in the Foresight Interconnect forum, during which a meeting was held with representatives of MIGHT

MIGHT is an independent and non-commercial technological analysis center, which is under the auspices of the Malaysian Prime Minister’s Department. This organization is based on a public-private partnership and plays a key role in the development of high technologies for business in Malaysia.

During the meeting, representatives of and MIGHT discussed the possibility of using blockchain technology in Malaysian financial sector projects and directions for the development and transformation of the digital economy.

Achievement #7

Participation in the Hong Kong Blockchain Week’ CEO, Roman Kravchenko, took part in the Cybersecurity Panel: “Feeling Safe: Security and Privacy and Blockchain” as a speaker at Hong Kong Blockchain Week 2019, where together with representatives of ASTRI and Hyperledger, The Linux Foundation was discussed the required level of security that blockchain technology can provide.

Hong Kong Blockchain Week 2019 was the largest blockchain event in Hong Kong, bringing together the global community to discuss the latest developments and ideas from the industry. Since Hong Kong has a chance to become the leading international blockchain center, Hong Kong Blockchain Week 2019 has played an important role in achieving this goal.

Achievement #8

Speech at IoT Asia

During a busy Road Show in Asia, Leonid Khatskevych (Head of IoT department at joined Roman, Alex, and Ivan to speak at the IoT Asia conference.

Leonid told the event visitors about the benefits of using blockchain in IoT solutions, in supply chains, and also fully revealed the topic of the economics of robots. Moreover, as part of his speech, the Head of IoT department at revealed the topic of identity verification through the introduction of blockchain technology. It was at IoT Asia that the official presentation of the ProximaX Identity solution took place, which caused a lively response from the event participants.

Achievement #10

Consultation with the Embassy of Ukraine in Singapore

The team also thanks to the representative of the Embassy of Ukraine for the consultation meeting. The keynote of the conversation was the rules of doing business in Singapore.’ representatives managed to find out how technological projects are developing in the country, as well as how Ukrainian start-ups are entering the Asian market.

It should be noted that Singapore is an excellent choice for opening innovative companies, as start-ups are supported by the state. Moreover, a preferential system is provided for startups, which also has a positive effect on attracting new projects to the country.

In turn, the Embassy of Ukraine in Singapore is always ready to help Ukrainian novice businessmen to enter the Asian market, provide all the necessary information and support them in the legal field.

Achievement #11

Participation in Blockchain Life 2019 Asia

Blockchain Life 2019 Asia has become one of the most global events in the blockchain industry. At the forum were discussed important topics that have an impact on the international crypto market, the development of the blockchain and the global digital economy.

Guided by the desire to always stay up to date with the latest industry news,’ team talked at the event with both key speakers from around the world and special guests.

The Blockchain Life 2019 Asia’s leading themes were blockchain technology applications, as well as the future of the entire industry in the current market situation.

Achievement #12

Speech by Roman Kravchenko,’ CEO, at FiNext Conference

“Token-economy in the distributed cybersecurity solution” became one of the leading topics at the FiNext conference, which was fully revealed by’ CEO Roman Kravchenko.

Finance tech FiNext Tech Awards & Conference was held in Singapore and turned into a real platform for creating meaningful alliances, bringing together representatives of key businesses from the sphere of finance, technology projects, investors, researchers and decision makers at the event.

Achievement #13

Communication with Enterprise Singapore

The Enterprise Singapore subdivision, SME Center@SCCCI, conducted a useful workshop “Inventory management and visual management to increase efficiency and reduce costs”.

During the event, a rather important topic for each business was discussed — inventory management. It is known that an optimized inventory process directly affects the expenses of the whole company.

It is worth noting, that SME Center@SCCCI, was founded in 2006 and it is the result of fruitful cooperation between the Enterprise Singapore and the Singapore Chinese Chamber of Commerce and Industry (SCCCIС). Their mission is to provide comprehensive services for general business consulting and capacity development of businesses and start-ups in the country.

The founders of managed to hold several conversations with representatives of Enterprise Singapore and discuss in detail the conduct of business processes in Singapore for local and foreign companies.

Enterprise Singapore is a state agency that supports the development of entrepreneurship. The organization works with interested companies in order to open up new opportunities, introduce innovations and attract new international projects to Singapore.


As a result of the roadshow,’ team received tremendous experience and new acquaintances by discovering a promising Asian market. We express gratitude to everyone who shared with us their opinions and advice. We are confident that such a fruitful business trip is just a step for us in a new, technological future, in the forefront of which there are advanced blockchain solutions and developments.