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Earlyworks, the Provider of Proprietary High-Speed Blockchain Technology "GLS," Forms Business Alliance with Service Innovation, the Operator of Gourmet Website "Yummeet!"
Friday, 6th December at 9:00 am
TOKYO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Earlyworks Co., Ltd. (NASDAQ: ELWS) (hereinafter referred to as "Earlyworks", "we", "our" or the "Company"), a blockchain solution provider with its proprietary high-speed blockchain technology "Grid Ledger System" (hereinafter referred to as "GLS"), has entered into a business alliance agreement with Service Innovation (headquartered in Kawasaki-ku, Kawasaki City, Kanagawa Prefecture; Representative Director: Masatoshi Umemura; hereinafter referred to as "Service Innovation"), the operator of the gourmet website "Yummeet!"
Background and Objectives of the Alliance
This partnership aims to integrate our blockchain technology with the expertise of Service Innovation in operating a gourmet website to record reviews and ratings in an immutable format, enhancing transparency and trust.
Many existing gourmet platforms adopt an advertising revenue model, leading to frequent manipulation and inaccurate postings of reviews and ratings. Consequently, users often struggle to obtain reliable information.
Our blockchain technology serves as a critical foundation to address these challenges. By leveraging blockchain, reviews and rating data can be stored without risk of tampering or deletion, ensuring users have access to trustworthy information. This creates an environment where users can more easily find dining establishments that match their preferences.
We aim to establish a new "user-first" standard in the gourmet website domain, delivering innovative value c
Friday, 6th December at 9:00 am
TOKYO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Earlyworks Co., Ltd. (NASDAQ: ELWS) (hereinafter referred to as "Earlyworks", "we", "our" or the "Company"), a blockchain solution provider with its proprietary high-speed blockchain technology "Grid Ledger System" (hereinafter referred to as "GLS"), has entered into a business alliance agreement with Service Innovation (headquartered in Kawasaki-ku, Kawasaki City, Kanagawa Prefecture; Representative Director: Masatoshi Umemura; hereinafter referred to as "Service Innovation"), the operator of the gourmet website "Yummeet!"
Background and Objectives of the Alliance
This partnership aims to integrate our blockchain technology with the expertise of Service Innovation in operating a gourmet website to record reviews and ratings in an immutable format, enhancing transparency and trust.
Many existing gourmet platforms adopt an advertising revenue model, leading to frequent manipulation and inaccurate postings of reviews and ratings. Consequently, users often struggle to obtain reliable information.
Our blockchain technology serves as a critical foundation to address these challenges. By leveraging blockchain, reviews and rating data can be stored without risk of tampering or deletion, ensuring users have access to trustworthy information. This creates an environment where users can more easily find dining establishments that match their preferences.
We aim to establish a new "user-first" standard in the gourmet website domain, delivering innovative value c
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