HO CHI MINH VILLE, Vietnam, September 24, 2021 (GLOBE NEWSWIRE) – Decom Holdings Joint Stock Company, a platform specializing in DEFI investment and solution research, today announced the signing of a Memorandum of Understanding with KardiaChain, the first interoperable blockchain in Vietnam, to leverage the strengths of both sides for the development of the blockchain community.
With the strategic alliance, Decom Holdings and KardiaChain will boost business opportunities, optimizing their core competencies to strengthen blockchain development in Vietnam and the international market.
MOU signing ceremony between Decom Holdings and KardiaChain
Under the terms of the MoU, Decom Holdings is positioning itself as a strategic investor, participating in the restructuring of the financial system, capital structure and systematization of KardiaChain’s products in Vietnam and global markets. Decom Holdings will help the KardiaChain ecosystem to become the fastest growing technology company with competitive advantages.
The founding members of KardiaChain, Mr. Huy Nguyen and Mr. Tri Pham, will join the strategic shareholders of Decom Holdings and will be responsible for developing the company’s technology system and supporting its members. In addition, KardiaChain also jointly provides strategic development of solutions and services. These solutions will provide high security, improve efficiency, transparency, cost savings and secure blockchain-based digital transformation solutions.
Mr. Phan Duc Trung, Chairman and CEO of Decom Holdings, said: “Decom Holdings sets a hybrid standard in investing activities and follows the Venture Capital Fund (VC) – Holdings model instead of a pure VC model. Decom Holdings will support companies operating in Blockchain to accelerate technology. We are cooperating with KardiaChain, one of the few private blockchain companies that has deeply understood Vietnamese technology and culture with the aim of boosting blockchain applications, in line with the National Digital Transformation Program to Accelerate Access for Vietnamese Businesses blockchain applications. “
Mr. Tri Pham, Co-Founder and CEO of KardiaChain, also mentioned: “We are very happy to become a strategic partner of Decom Holdings. Vietnam is a potential market as the government has approved the national digital transformation program and many companies are very active in digital adoption to have competitive costs and improve work efficiency. We will support them to quickly adopt blockchain in many areas. It is a good chance for Vietnam to compete fairly with other countries in the region. With the knowledge, technology and experiences of Decom Holdings and KardiaChain, I think we will soon reach the goal.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a2658d51-abcd-4957-b6eb-191b7490af45