Vietnamese blockchain association wants to expand its blockchain venture
Vietnam Blockchain Corporation announced earlier today that it had raised funds that would allow it to expand its solutions to other parts of the world. The company announced this in a press release earlier today.
The firm said, "Vietnam Blockchain Corporation (VBC), the country's leading provider of Blockchain-based software solutions, is currently raising funds to make its innovative products available to the international audience."
The VBC said it intends to use blockchain to improve people's livelihoods and business operations via its numerous blockchain-related services and solutions. Mr. Do Van Long - CEO of Vietnam Blockchain Corporation, stated that "Blockchain technology has the potential to benefit many industries in SEA countries, and we've just scratched the surface of what can be done. VBC wants Vietnam to be the hub of Blockchain experts not only in the country but also in the entire region, to achieve this, we will be looking to work with investors and partners across the region."
According to VBC, its CovidPass.vn is one of its innovative products. The application is a simple-to-use system that allows the users to store their COVID-19 test data like personal information, SARS-CoV-2 virus test results, and certificates in a mobile app. The mobile app has anti-counterfeit features, making it almost impossible for others to counterfeit your details.
Do added that "While Blockchain is usually associated with cryptocurrency, this new-age technology also allows new applications to have a higher level of security and accuracy that we haven't seen before. With the ongoing pandemic, it's of great importance that we have a secure and easy system to store and manage COVID-19 vaccination, SARS-CoV-2 virus test records, and many others medical records."
Blockchain technology has gained applications beyond just cryptocurrencies. The technology is used in various other industries, including health, logistics, finance, education and more