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Fortune 500 firm Geely to launch joint blockchain venture in China

Swiss enterprise blockchain developer, the Concordium Foundation, has signed a joint venture agreement with the $200 billion Chinese conglomerate, Geely Holding Group — the largest shareholder in Volvo and a Fortune Global 500 company.  The joint venture will be 80% owned by Geely and 20% owned by Concordium, but operationally

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