IBD Technology, a Singapore-basedcompany, had announced the launch of a tripartite business alliance that'llbring full transparency to its business model.

• Company created an ecosystem project called "TOOL Global".Users will be rewarded with global virtual points that can be used to mine thecompany's own digital token, which will be listed in exchanges by October '18
• To allow transparent self-governance of its ecosystemproject, a non-profit organization was launched as a strategic partner, tooversee operations and funding, alongside an alliance program to promoteaforementioned project.
• Business model is well-positioned for good growthopportunities with the rapid rise of blockchain big data and consumers' needfor ownership of their own data.

SINGAPORE - Media OutReach - 27 August 2018 - In an effort to revolutionizebig data with blockchain, IBD Technology, a Singaporean blockchain techstartup, has launched a new project: TOOL Global, alongside 2 other strategicpartners: AC495 and The WOLOT Foundation, at the Blockchain CommerceApplication Summit last weekend.

TheTOOL Global project will see an ecosystem launched in tandem with the company'sown digital token (called the "OLO" coin) this September. This ecosystemreturns consumers ownership over their data and its value, while givingbusinesses a more streamlined option to obtaining user data analysis for marketresearch. This is in addition to lowering the cost of user acquisition viamerchant onboarding and user sharing. Valid online activities will be convertedand recorded into different behavioral value tags (BU) which serve asreward/voucher points, and can be accumulated for OLO tokens for paymentswithin the ecosystem, or stored for appreciation. It's corresponding digitalwallet dapp by the same name (OLO), is already on its beta release.

Transparencydoesn't stop there, a new non-profit organization called the WOLOT Foundationwas launched to oversee all operations of TOOL Global's open community and itsfunds. Thisarrangement will allow TOOL Global's ecosystem to be self-governed by itsparticipating business entities and community.

Tofacilitate widespread integration and adoption of the ecosystem, WOLOTFoundation had striked a partnership with AC495, a self-governed global community led by blockchain expertsand Key Opinion Leaders (KOLs). These international leaders will leadthe marketing and promotional effort and serve as builders to TOOL Global'sopen community.

IBDTechnology CEO, Ben Chan, believes this arrangement to be perfectly alignedwith the company's mission to bring transparency and ownership to mass users."We've built a marketing system that's user-centered, now it's going to bepromoted by community leaders, whose earnings and business profits will beoverseen by the community itself" stated Ben.

TheSingaporean tech startup has already attracted big partners in the APAC regionsuch as China's Jinvovo Technology, and Singapore Finergy Advisory. Norman, CEOof Finergy Advisory believesthat the TOOL Global business model is well-positioned for good growthopportunities with rapid rise of blockchain big data and consumers' need forownership of their data. The project has also gained recognition in theSingaporean space and is currently in talks with authorities and associationsfor future collaborations.

For moreinformation on TOOL Global, visit www.IBDT.io

ABOUT TOOL Global (byIBD Technology)                                                                                               

IBD Technology is a blockchain establishmentheadquartered in Singapore, Asia's financial metropolis. We are committed todeveloping big data technology services platforms that provide open andinternational applications and commercial blockchain solutions.