FPT and Factom Announce Partnership to Expand Blockchain-as-a-Service


Austin-dependent blockchain-as-a-assistance enterprise Factom is partnering with FPT Application, an IT expert services enterprise stationed in Vietnam. The two enterprises will perform with just about every other to establish a new blockchain engineering platform as a result of Factom Harmony — a method that results in audit documents with regards to details, choices, routines and activities. The purpose of the platform is to digitize and keep files by utilizing very simple APIs and Factom’s blockchain alternatives, so information can become confirmable and auditable respectively.

Launched in 2014, Factom, Inc. specializes in designing and manufacturing more quickly blockchain applications to manage big details for advanced establishments. Among the organization’s clientele are the U.S. Department of Homeland Safety and the Monthly bill and Melinda Gates Foundation.

FPT provides informational engineering, products and electronic engineering expert services to big organizations in the U.S., Asia and Europe in industries like manufacturing, energy and utilities, health care and communications.

CEO of Factom Paul Snow defined:

“The partnership in between Factom and FPT is a important option to showcase the useful use and applications for blockchain engineering on an business scale. FPT and Factom share a eyesight of the future the place blockchain-as-a-assistance is accessible to all corporations on the lookout to preserve, be certain and validate their details or choices.”

The new platform will find to supply impressive alternatives to Factom’s organization patrons like workshops and proofs of thought (PoCs) and give them access to highly developed blockchain alternatives, while also maximizing FPT’s electronic and solution engineering expert services. FPT claims that it will perform with Factom administrators to make certain its personal staff members is educated on Factom’s engineering to give the enterprise a lot quicker access to the blockchain.

Speaking about Factom’s qualifications, CEO of FPT Application Phuong Dang mentioned:

“Their engineering platform will permit us to supply a exceptional experience to our buyers by delivering cutting-edge, differentiating blockchain alternatives. With Factom’s blockchain platform Harmony and FPT Solutions, we will boost operational performance and performance for our customers in no time. This is a testimony to our worldwide talent pool and the strengths of our engineering.”

With virtually 20 yrs of experience in the tech field, FPT Application is valued at about $2 billion and employs around 30,000 individuals in Vietnam and abroad. Headquartered in Hanoi, the enterprise also has a U.S. department in Richardson, Texas, developed to concentration on electronic transformation for Fortune 1000 customers. The enterprise also houses quite a few shipping and delivery units throughout important American towns like New York, Chicago, Los Angeles and Sunnyvale in the Silicon Valley.


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