Austin-based blockchain-as-a-service corporate Factom is partnering with FPT Instrument, an IT products and services corporate stationed in Vietnam. The 2 enterprises will paintings with every different to increase a brand new blockchain era platform thru Factom Solidarity — a device that creates audit information referring to knowledge, selections, actions and occasions. The aim of the platform is to digitize and retailer recordsdata through the use of easy APIs and Factom’s blockchain answers, so knowledge can grow to be confirmable and auditable respectively.
Based in 2014, Factom, Inc. makes a speciality of designing and generating quicker blockchain packages to deal with massive knowledge for advanced establishments. A few of the group’s clientele are the U.S. Division of Hometown Safety and the Invoice and Melinda Gates Basis.
FPT supplies informational era, merchandise and virtual engineering products and services to very large companies within the U.S., Asia and Europe in industries like production, power and utilities, healthcare and communications.
CEO of Factom Paul Snow defined:
“The partnership between Factom and FPT is a precious alternative to exhibit the sensible use and packages for blockchain era on an endeavor scale. FPT and Factom percentage a imaginative and prescient of the long run the place blockchain-as-a-service is to be had to all corporations having a look to keep, ensure that and validate their knowledge or selections.”
The brand new platform will search to ship cutting edge answers to Factom’s trade consumers like workshops and proofs of idea (PoCs) and provides them get right of entry to to complex blockchain answers, whilst additionally bettering FPT’s virtual and product engineering products and services. FPT says that it’s going to paintings with Factom administrators to verify its personal workforce is educated on Factom’s era to offer the corporate sooner get right of entry to to the blockchain.
Discussing Factom’s credentials, CEO of FPT Instrument Phuong Dang said:
“Their era platform will permit us to ship a awesome revel in to our consumers via turning in state of the art, differentiating blockchain answers. With Factom’s blockchain platform Solidarity and FPT Services and products, we can support operational potency and effectiveness for our shoppers very quickly. This can be a testimony to our world skill pool and the strengths of our era.”
With just about 20 years of revel in within the tech trade, FPT Instrument is valued at over $2 billion and employs kind of 30,000 people in Vietnam and out of the country. Headquartered in Hanoi, the corporate additionally has a U.S. department in Richardson, Texas, designed to concentrate on virtual transformation for Fortune 1000 shoppers. The corporate additionally homes a number of supply devices all the way through main American towns like New York, Chicago, Los Angeles and Sunnyvale within the Silicon Valley.
This article in the beginning gave the impression on Bitcoin Mag.