An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Upside Selects Thoughtworks as its ‘Developer Partner of Choice’
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Thoughtworks (NASDAQ: TWKS) has partnered with Upside, a blockchain startup, to facilitate the onboarding of Web3 organizations to its digital token management platform. Upside has successfully launched tokens valued over $1B, serving over 500,000 users. This collaboration aims to enhance technology and business capabilities through an agile, platform-focused approach. Thoughtworks intends to leverage its 28+ years of digital platform experience to help Upside expedite product launches while ensuring high security and compliance with regulatory standards.
Positive
Collaboration with Upside to enhance digital token issuance and management.
Upside's established success with tokens worth over $1B and 500,000 users.
Potential for accelerated product development and market expansion.
Negative
None.
CHICAGO--(BUSINESS WIRE)--
Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, today announced collaborating with Upside, a U.S. headquartered blockchain-based startup, to speed the onboarding of Web3 native organizations to its digital token issuance and management platform in the most simple and seamless way possible. By taking Thoughtworks’ platform-focused approach, Upside will accelerate its technology and business capabilities in a lean, incremental manner to deliver new client-facing innovations.
“Upside helps launch and manage tokens - the building blocks of web3 native organizations,” said Noah Thorp, founder and chief executive officer, Upside. “We've launched tokens worth over $1B that are held by more than 500,000 users. As we prepare for our continued scale into this exciting market, we sought a thought-leadership partner to help us expand, upskill and steer our creative product engineering organization and our platform into the future. We are excited to have Thoughtworks as our long-term partner on this journey.”
Upside is focused on taking organizations into the Web3 space using blockchain technology to create, launch and manage utility tokens, security tokens, NFTs, and governance tokens (Decentralized Autonomous Organization - DAOs). By working alongside each other, the Upside and Thoughtworks engineering teams will streamline the process for clients to go from zero to token launch with high security and a focus on regulatory considerations.
“Companies are increasingly finding transformative applications for blockchain, the technology that underpins cryptocurrency and tokenization. Digital scaleups, such as Upside, have a transformative strategy and business use cases in place to capitalize on these expanding technologies,” said Sonali Chatterji, head of financial services, Thoughtworks North America. “Thoughtworks is thrilled to bring its 28+ years of experience delivering digital platform evolution to Upside as it speeds time to market of new products through incremental, agile delivery.”
Supporting resources:
Keep up with Thoughtworks news by visiting the company’s website.
About Thoughtworks Thoughtworks is a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. We are 10,000+ people strong across 49 offices in 17 countries. Over the last 25+ years, we’ve delivered extraordinary impact together with our clients by helping them solve complex business problems with technology as the differentiator.
