FPT Software[1], one of the largest Vietnamese IT companies, and Factom[2], a Texas-based blockchain-as-a-service company, have announced a strategic partnership.
Blockchain-as-a-service (BaaS) refers to any product that utilizes distributed ledger technology for a specific use case, such as storing data. FPT Software hopes to integrate blockchain technology to enhance their Digital and Product Engineering.
Factom is a leading blockchain integrator for companies. The Factom Harmony[3] platform provides a blockchain-based document storage system that is both immutable and transparent.
Storing vital documents within a blockchain ensures that the information contained in those documents cannot be tampered with. It also ensures that a record of all documents saved on the system will be accessible in the event of an audit.
FPT and Factom plan on working together to offer a Blockchain Technology Platform through Factom Harmony that will deliver solutions to customer’s business needs by allowing space for innovation through workshops.
FPT and Factom are clearly confident in the marketability of practical Blockchain solutions. FPT plans on working with Factom to train FPT employees in Factom technology to assist in the integration blockchain technology into existing client systems.
Phuong Dang, CEO of FPT Software US, said,
“We are looking forward to collaborating with such an experienced and progressive partner like Factom. Their technology platform will enable us to deliver a superior experience to our customers by delivering cutting-edge differentiating Blockchain solutions. With Factom’s Blockchain platform Harmony and FPT Services we will enhance operational efficiency and effectiveness for our clients in no time. This is a testimony to our global talent pool and technology strengths.”
Paul Snow, CEO of Factom, said,
“The partnership between Factom and FPT is a valuable opportunity
