Blocnation, the world’s first decentralized initial coin offering, has joined hands with PouchNation to facilitate cashless payments for music festivals and events in Southeast Asia

Road Town, Tortola -- (ReleaseWire) -- 07/10/2018 -- Blocnation is gaining a lot of buzz after hosting their cashless payment services at a slew of events and festivals with their cashless wristbands. Between diverse food festivals and tastings to bumping EDM music festivals, the blockchain technology company is finding itself sought out by more and more event planners and organizers hoping to take their events and parties to the next level.

"What more and more event organizers are coming to understand is that there is a lot for their events and parties to gain by using blockchain technology. Blocnation brings something of a metamorphosis to events and festivals by introducing RFID cashless wristbands to event attendees so that they can enjoy cashless payments and transactions for everything from ticketing to accommodations to drinks and refreshments. While of course attendees love the ease of our cashless wristbands, organizers love the technology for the solutions it offers. For instance, it's well known that guests are likely to spend more when they are afforded cashless transactions than when they use cash or card. Every individual transaction which is quickened or lightened makes an effect on the overall event. Fewer queues mean fewer frustrated guests, which means fewer frustrated organizers. Not to mention, because of the digitized nature of the service, event planners and organizers are able to track how guests are spending their money and time, which means they can build strategies for subsequent events so that they are an even bigger success," says a representative for the company.

He adds: "In December of 2017 we hosted our technology at two successful events: Tiffin Food Court in the Klang Valley, and SAGA Music Festival in Bali. While of course these events are very different in nature, both benefited from the ease of traffic and transactions afforded to them by Blocnation's cashless payment wristbands. Tiffin Food Court hosted more than thirty of the country's finest avant garde chefs. Patrons of the event preloaded money into their cashless wristbands to enjoy easier entrance and transactions at the different tables. Likewise, guests of SAGA Music Festival didn't suffer from long lines or the fear of losing their wallets, meaning the spirit of the party was able to reach another level. Likewise, Zedd, a music festival hosted by Future Sound Asia, benefitted from the service, as payment via wristbands was the only way to pay for anything inside of the festival. Organizers of each of the events provided great testimonials for our technology."

About Blocnation
Blocnation is the world's first decentralized initial coin offering. They offer blockchain technology solutions such as online cashless payments via cashless wristbands to event organizers and planners in Southeast Asia and beyond. New events will be announced on their website.

For more information on this press release visit: http://www.releasewire.com/press-releases/blocnation-now-offers-crypto-tokens-to-facilitate-cashless-payment-at-music-festivals-and-events-in-southeast-asia-1001014.htm

The blockchain powered payment solution is celebrating the historic event with a launch party at Cove Manila on Thursday 3rd May, headlined by internationally renowned EDM superstar, Zedd.

Road Town, Tortola -- (ReleaseWire) -- 05/23/2018 -- The future of digital payment processing is just days away as Blocnation prepares for the launch the world's first decentralized Initial Coin Offering (dICO) on May 3. Operating on its own blockchain built with the Komodo Platform, the Blocnation token (BNTN) will be used to unlock cryptocurrency-payment capabilities across PouchNATION events and venues and provide payment solutions for those unserved by traditional finance.

PouchNATION is Southeast Asia's leading cashless payment system, organizing digital payments for events up to 150,000 people. With offices across six countries in the region, PouchNATION is the exclusive roll-out partner of Blocnation, allowing rapid adoption across their extensive ecosystem of events and venues. Starting with the lifestyle industry, the Blocnation app will enable users to hold altcoins, acquire event tickets, book stay at venues, top-up online, and get post cash-back and more. The rollout of this technology across a three-phase plan will eventually put the power of the BNTN Token in the hands of anyone with a smartphone. Blocnation is uniquely positioned to capitalize on this exciting market:

Blockchain's business value-add will grow to $176 billion by 2025;

Projections put the Gross Transaction Volume (GTV) in the lifestyle industry at $150 - $220 billion by 2022;

Southeast Asia's internet economy is estimated at $50 billion and expected to climb 300% in 2025; and

Consumers in Southeast Asia spend more time on their mobile internet than any other market with an average of 3.6 hours per day.

The partnership between Blocnation and Komodo provides a number of benefits for users including complete anonymity for purchasers, robust security protocols resistant to vulnerabilities faced by other platforms and multi-coin storage in its cryptocurrency lifestyle payment app. The platform also supports atomic and etomic swaps allowing seamless trades between coins that are based on both the Bitcoin protocol and tokens based on the Ethereum protocol.

The excitement behind Blocnation continues to grow with new partnerships forming quickly. VBH Hostels are extremely excited to be a major supporter of BlocNation. Our customers love the freedom that cashless payment offers. They can party, thrill seek and chill without having to worry about fiat! Blocnation will be a new payment option for guests to purchase accommodation, food, beverages and tours. Our customers will be early adopters of Blocnation Tokens and here is why!!!

1. Average age - 26 years old. 90% of our customers are 20 – 29 years old.
2. They are mostly educated and tech savvy
3. They love innovation and value – BlocNation offers both!

Our customers:

1. We accommodate 800 – 1000 guests per night

2. The average stay is 3 nights

3. That is 27,000 bed nights/month with around 9,000 different customers/month staying in our hostels and enjoying our hospitality and tours

4. Most of our customers come from Europe, US, Canada and Australia and we are experiencing growth from Malaysia, China, India and Indonesia.

"VBH hostels have set the benchmark in the Backpacker business in Vietnam. We believe providing our customers with the opportunity to pay in Blocnation Tokens strengthens our position as one of the world's leading Backpacker hostel chains. We offer quality products and unique experiences and our partnership with Blocnation amplifies this Vision." – Matt Francis, Vietnam Backpackers Hostels

Real world application

Unlike many other digital currencies that still only have theoretical future applications, the Blocnation Token (BNTN) will fuel PouchNATION's cashless payment systems. PouchNATION's network of events, venues, and festivals across Southeast Asia will use BNTN as the standard digital currency. Through the use of NFC technology and a closed loop payment solution, users will benefit from secure, instantaneous transactions whilst organizers and venues save on transaction fees.

"We are excited to be working with Komodo as their first Premier Partner on the world's first ever dICO", said Blocnation CEO Graeme Perkins. "Together we are ushering in a new era of secure and borderless cryptocurrency payment options where Blocnation can leverage the technological innovation provided by the Komodo Platform and the market position of PouchNATION for rapid adoption across Southeast Asia and beyond."

Both the Blocnation and Komodo teams are committed to creating a new standard in digital payments and this is the first of many steps toward towards total "financial inclusion". For the millions attending and organizing events and those unserved by traditional finance systems, the future is looking bright.

Blocnation's dICO will begin CET +7 on May 3, 2018, and the BNTN Token will be available for purchase via the website, blocnation.io. For further information and greater detail, the white paper can be downloaded from the blocnation website.

For further information, please contact us at social@blocnation.io.

https://blocnation.io/
https://www.instagram.com/pouchnation/
https://www.instagram.com/pouchnation/

For more information on this press release visit: http://www.releasewire.com/press-releases/blocnation-to-unlock-the-cryptocurrency-market-with-launch-of-worlds-first-decentralized-initial-coin-offering-on-may-3rd-973581.htm

The live music sector is positioned for growth in the next few years with a forecasted revenue of US$30.9 billion in 2019 according to PricewaterhouseCoopers.

Road Town, Tortola -- (ReleaseWire) -- 04/05/2018 -- The live event industry is headed towards becoming cashless. The need to improve guest experience, event management and organization sees brands turning to technology to look for a model that allows for safety and efficiency across all channels.

Blockchain seems to be the nascent technology that holds the key to achieving this. And BlocNATION (BLOC) Token is the first system in Southeast Asia's that will lead the cashless payment community of events and venues - PouchNATION. This strategic partnership with PouchNATION will allow for much better fan experiences as the cashless event era is further driven by BlocNATION's advanced infrastructure. The BlocNATION app features include altcoin holding, atomic & etomic swaps, acquiring of event tickets, hostel booking, cashless top up, and cash-back.

"Backed by the successful track record of PouchNATION, established in 2012, BlocNATION will shift the nature of both the guest and event organizer's experience. PouchNATION is the leading cashless payment and brand activations solution in Southeast Asia and the premier partner of BlocNATION. As such, the BLOC token will be the utility token of PouchNATION's community of cashless events and venues. This will further enhance the guest experience for all clients of PouchNATION as it brings the benefits of blockchain to event management from onset to completion, such as ticketing, registration, cashless payments, access control, social media engagement, brand activations, data and merchant management," says a spokesperson for BlocNATION.

From practical improvements to interactive experiences, BlocNATION is the world's first dICO on the Komodo platform, which remakes guest experience, social media engagement, and brand activations.

BlocNATION sees blockchain technology as propelling the event management sector. Through the nascent, but powerful technology, sponsors, event organizers and guests will be able to connect and interact on a whole new level on the Blockchain. Over time, this will result in better and more outstanding experiences as well as invaluable insights and analytics.

As PouchNATION has already established itself on the Southeast Asian market, BlocNATION will benefit from this experience and continue to expand on top of an existing and successful model. The merger with blockchain technology and the introduction of the BLOC Token will become powerful tools for brands to identify and engage with their target market and improve event experiences. This will create synergy between existing business models and innovative technology with great potential.

With an overwhelming number of current and upcoming ICOs, it's a daunting task to separate the ones that hold promise from the rest. The trick is to identify companies with great operations and spot solid teams with some kind of past track record of success. In BlocNATION's case, all of this is present as it's backed by the solid experience and expertise of PouchNATION – a partnership that is a win-win for everyone!

About BlocNATION
BlocNATION makes use of blockchain technology and a part of PouchNATION. The BlocNATION app includes altcoin holding, atomic and etomic swaps, cashless payment, and more.

To learn more, visit https://blocnation.io/

1. Invite colleagues to join Telegram group chat with this link: https://t.me/blocnation_official

2. Follow the company on Social Media:

Twitter: https://twitter.com/bloc_social
LinkedIn: https://www.linkedin.com/company/blocnation/
Facebook: https://www.facebook.com/blocknation.io
Instagram: https://www.instagram.com/pouchnation/
Airdrop details: https://komodoplatform.com/blocnation-airdrop-two-million-token-giveaway/

For more information on this press release visit: http://www.releasewire.com/press-releases/blocnation-is-the-future-of-brand-engagement-and-user-experience-958836.htm