NaviAddress Partners with Accum Trillion Capital to Solve Navigation and Addressing Challenges Across Asia

6 May 2018

SINGAPORE – Media OutReach – 27 April 2018 –

, a global blockchain ID management company, announced that it has partnered with

, a management and consulting business involved in blockchain-related investments and with significant influence and

resources in China, to expand the use of NaviAddress‘ proprietary

NaviAddress provides users with “naviaddresses” — a short sequence of numeric digits that can be easily generated and d as digital IDs to pinpoint the precise location of any physical place

or object. This puts an end to navigation and addressing issues

caused by poor connectivity, outdated maps or language barriers.

Asia is experiencing massive growth in tourism, with 324 million
tourist arrivals in 2017 alone — a 6 percent increase from the
previous year[1]

. However, Asia has a huge population that is currently living in
rural areas without proper addresses. In China, for example, nearly
40 percent of the population is living in rural areas[2]

. From tourism to e-commerce to ridesharing services, the lack of proper addresses is creating issues and

inefficiencies around last-mile fulfilment.

To tackle the issue of local hotels, cafés and restaurants being
inaccessible to international tourists, NaviAddress ensures easy
last-mile navigation. With naviaddresses, businesses can easily create and specific locations and directions to visitors through a numeric-digits-only, non-language-specific digital

address. For ridesharing and e-commerce businesses using

naviaddresses, being able to pinpoint specific pick-up or delivery locations reduces lost sales, as well as labour inefficiency and

fuel wastage.

Accum Trillion Capital, which currently supports blockchain projects like

QTUM,

VEN

,
GXS

and
OMG

will facilitate the expansion of NaviAddress‘ platform and services
into the Chinese market and assist in identifying local partners.
NaviAddress is also currently looking to establish its Asia-Pacific
headquarters in Singapore.

Dmitry Moiseev

, Co-founder and CEO, NaviAddress, said: “We believe that
naviaddresses will solve real-world issues — from tourists who
cannot read local road signs to e-commerce providers unable to
complete deliveries. Half of our platform’s users come from Asia — this has all been organic growth. It therefore makes perfect sense to expand our community and partner network in this region. Our

partnership with Accum Trillion Capital will play a significant

role in accelerating adoption of naviaddresses in China.”

NaviAddress has already established global partnerships with large
delivery, e-commerce, ridesharing and food service businesses, such as Booking.com, Uber and Dynamic Parcel Distribution (DPD), with plans to collaborate with State Postal Services, AliExpress, Amazon

and NinjaVan, etc.

Naviaddresses are also “smart addresses”, where users can assign
and store relevant information in the digital ID. This includes
details that aid last-mile navigation (embedded geographical coordinates, physical address, route description, photos etc.), significantly simplifying the process of finding remote locations

or newly-built structures.

There are currently more than 1.5 million naviaddresses in the
NaviAddress addressing system, including 1.3 million business
naviaddresses. There are more than 60,000 unique, registered and
active NaviAddress app users across web, iOS and Android.

Including the pre-sale round, 338.5 million NaviTokens were sold
for US$16.9 million. With strong sales in the ICO round during the first quarter of 2018, there is sufficient traction to partner with

major delivery and e-commerce, hospitality, transportation and

urban planning businesses in China and across Asia.

Additional Information on NaviAddress:

Company Backgrounder

|
Website

|
LinkedIn

Mobile App (iOS)

|
Mobile App (Android)

[1]

UN World Tourism Organization. 2017 International Tourism Results: the highest in seven years.
January 2018

[2]

World Bank. Rural population (Percentage of total population).
2016.