Friday 24 September 2021

DECOM HOLDINGS MOU WITH KARDIACHAIN TO EMPOWER BLOCKCHAIN DEVELOPMENT COMMITMENT

KUALA LUMPUR, Sept 24 (Bernama) -- Decom Holdings Joint Stock Company, a platform specialising in DEFI investment and solution search, announced the signing of a Memorandum of Understanding (MoU) with KardiaChain, the first interoperable blockchain in Vietnam, to leverage strengths of both sides for the development of blockchain community.

With the strategic alliance, Decom Holdings and KardiaChain will boost business opportunities, toward optimising their core competencies to beef up blockchain development in Vietnam and the international market, according to a statement.

Under terms of the MoU, Decom Holdings takes the position as a strategic investor, participating in the restructuring of the financial system, capital structure, and systematising KardiaChain's products in Vietnam and global markets.

Chairman & Chief Executive Officer of Decom Holdings, Phan Duc Trung said: “We cooperate with KardiaChain, one of the few companies specialising in private blockchain that has deeply understood about technology and Vietnamese culture with the goal of boosting blockchain applications, in line with the National digital transformation programme to accelerate the access of Vietnamese businesses to blockchain applications.”

Decom Holdings will support KardiaChain’s ecosystem to be the fastest-growing technology company with competitive advantages.

KardiaChain’s founding members Huy Nguyen and Tri Pham will join strategic shareholders of Decom Holdings and be responsible for developing the company’s technology system and supporting its members.

Moreover, KardiaChain also jointly brings strategic development for solutions and services. These solutions will provide high security, enhance efficiency, transparency, costs saving as well as ensure the blockchain-driven digital transformation solutions.

-- BERNAMA

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