HO CHI MINH CITY, Vietnam, Sept. 24, 2021 (GLOBE NEWSWIRE) — Decom Holdings Joint Inventory Firm, a platform specializing in DEFI funding and resolution search, at the moment introduced the signing of a Memorandum of Understanding (MoU) with KardiaChain, the primary interoperable blockchain in Vietnam, to leverage the strengths of either side for the event of blockchain group.
With the strategic alliance, Decom Holdings and KardiaChain will enhance enterprise alternatives, towards optimizing their core competencies in an effort to beef up the blockchain growth in Vietnam and the worldwide market.
MoU signing ceremony between Decom Holdings and KardiaChain
Underneath the phrases of the MoU, Decom Holdings takes the place as a strategic investor, taking part within the restructuring of the monetary system, capital construction, and systematizing KardiaChain’s merchandise in Vietnam and world markets. Decom Holdings will assist KardiaChain’s ecosystem to be the fastest-growing expertise firm with aggressive benefits.
KardiaChain’s founding members Mr. Huy Nguyen and Mr. Tri Pham will be part of strategic shareholders of Decom Holdings and be answerable for creating the corporate’s expertise system and supporting its members. Furthermore, KardiaChain additionally collectively brings strategic growth for options and companies. These options will present excessive safety, improve effectivity, transparency, prices saving in addition to make sure the blockchain-driven digital transformation options.
Mr. Phan Duc Trung, Chairman & CEO of Decom Holdings, shared: “Decom Holdings units a hybrid normal in funding actions and follows the mannequin of Enterprise Capital Fund (VC) – Holdings as an alternative of a pure VC mannequin. Decom Holdings will assist firms working in Blockchain to speed up expertise. We cooperate with KardiaChain, one of many few firms specializing in personal blockchain that has deeply understood about expertise and Vietnamese tradition with the objective of boosting blockchain functions, consistent with the Nationwide digital transformation program to speed up the entry of Vietnamese companies to blockchain functions.”
Mr. Tri Pham, Co-founder & CEO of KardiaChain, additionally talked about: “We’re very happy to develop into a strategic accomplice of Decom Holdings. Vietnam is a possible market as the federal government has accepted the Nationwide digital transformation program and plenty of enterprises are very energetic in digital adoption to have aggressive prices and enhance working effectivity. We’ll assist them to rapidly undertake blockchain in lots of fields. This can be a good likelihood for Vietnam to pretty compete with different international locations within the area. With the information, expertise, and experiences of each Decom Holdings and KardiaChain, I imagine that we’ll quickly obtain the objective.”
A photograph accompanying this announcement is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/a2658d51-abcd-4957-b6eb-191b7490af45
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