“The Far East is very proactive and keen on adopting blockchain, like Malaysian Immigration and The Health Card app,” Hiranandani said in an email. “We feel entry into the market with a layer 1 partner which is sustainable is ideal and 5ire being a sustainable blockchain is perfect for us. This will benefit our group to communicate on blocks as we deal with various countries and have offices in over 8 countries,” said Hiranandani.
Source: https://www.coindesk.com/business/2022/07/15/5ire-raises-100m-to-fund-expansion-of-sustainable-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines