Thinkware and Hepton Join Forces to Build Web3-Based Spatial Data Ecosystem

Strategic MOU Signed
Combining High-Precision Mapping and Mobility Data with Blockchain Technology

Thinkware announced on September 23 that it has signed a strategic memorandum of understanding (MOU) with Hepton, a Web3 platform company specializing in spatial data.

Through this agreement, the two companies plan to jointly develop a new Web3-based spatial data service by combining Thinkware's high-precision map and mobility data, as well as its navigation platform, with Hepton's TINA Project token incentive structure.

Lee Heungbok, CEO of Thinkware (left), and Seo Mungyu, CEO of Hepton, are taking a commemorative photo after the signing ceremony. Thinkware

With this collaboration, the companies aim to: build accurate and reliable spatial data; enhance services such as autonomous driving and improve traffic management and dispatch efficiency; expand applications to various industries including transportation, logistics, and public services; and pursue global expansion and broader partnerships.

Seo Mungyu, CEO of Hepton, stated, "This agreement is significant as it brings together a blockchain-based spatial data platform and a leading domestic mobility company. Centered around the TINA Project, we will build a precise and trustworthy data ecosystem to create new value in industries such as autonomous driving, logistics, and smart cities."

A Thinkware representative commented, "We expect that the combination of high-precision maps and mobility data with Hepton's Web3 technology will create a new spatial data ecosystem. Moving forward, we will strengthen our collaboration to provide innovative services in various industries such as autonomous driving, transportation, and logistics through the convergence of blockchain and mobility technologies."

This content was produced with the assistance of AI translation services.