Vietnam’s Largest Telecoms Company Enters Blockchain Sphere, Aims to Be Industry Leader

The innovation wing of Vietnam’s largest telecoms operator Viettel goals to turn out to be the nation’s main blockchain supplier within the subsequent 5 years.

The Viettel Enterprise Solutions Corporation has set a aim to turn out to be Vietnam’s main blockchain expertise supplier in 5 years, native information outlet Viet Nam News reported Oct. 25. The Viettel Enterprise Solutions Corporation is a improvement and innovation wing of Vietnam’s largest telecommunications operator Viettel Group.

The Viettel Enterprise Solutions Corporation was established earlier in October to concentrate on offering info and communication expertise options to the governmental and industrial sectors, and to help in constructing a digital authorities.

Speaking at a workshop referred to as “Blockchain at Viettel,” the corporate’s deputy common director Ngô Vĩnh Quý reportedly mentioned that Viettel is raring to maintain tempo with improvement developments, together with blockchain expertise. Ngô assured that the company has the mandatory sources, together with financing, specialists, and community infrastructure to be taught and deploy blockchain. Ngô added:

“Blockchain is a vast ecosystem. The most troublesome job for Viettel is selecting the simplest blockchain expertise that may be utilized in each day life.”

Viettel Enterprise Solutions Corporation has already developed a blockchain-based resolution to enhance file administration within the healthcare sector. The resolution purportedly allows the connection of whole medical networks, together with the Ministry of Health, provincial well being departments, sufferers, and different associated entities on the nationwide degree. The mannequin is now awaiting approval from the nation’s Ministry of Health.

Some different Asian nations have already deployed blockchain expertise of their telecoms networks. South Korea’s largest phone firm, the state-owned KT Corporation, introduced the launch of its blockchain-powered industrial community to make it “safer and clear” in July. KT plans to permit its particular person and company purchasers to retailer and switch their digital information with “much less hacking dangers.”

Also in July, China’s three main telecoms operators — China Mobile, China Unicom and China Telecom — launched a blockchain analysis group, which goals to “construct a reliable blockchain utility crew to discover the blockchain space” and seeks to extend understanding of “new functions within the space of ​​blockchain digital property, telecommunication property and next-generation telecommunication community.”

Original supply: https://cointelegraph.com/news/vietnams-largest-telecoms-company-enters-blockchain-sphere-aims-to-be-industry-leader

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