KardiaChain builds a smart city with the blockchain ecosystem
This startup plans to build a blockchain network connecting industries - areas such as health, education, transport and urban management.
Recently, KardiaChain introduced the "Scheme to build the blockchain linking network to develop smart cities" in the workshop Virtual assets, virtual money - International experience and legal issues set for Vietnam Male - Cryptocurrencies & Digital Assets Dialogue (CDAD) 2018.
Mr. Nguyen Ngoc Hung - Chairman and co-founder of KardiaChain said that after a period of successful research and testing of breakthrough improvements in block chain technology, KardiaChain can connect any blockchain. together, despite the difference in protocol.
This is an important foundation for implementing smart city (Smart City) effectively. This new technology also helps effectively exploit open data sources from departments, sectors and businesses, while maintaining the confidentiality and transparency of information, through the storage of decentralized information that cannot be edit delete.
Leaders of departments and KardiaChain's advisory board at CDAD2018.
"KardiaChain allows blockchain to link together, this is the basis for Vietnam to become one of the leading countries in the application of blockchain technology into administrative management and enterprise development," Hung said.
Chairman and co-founder of KardiaChain said that the goal of the business is to provide an ecosystem that links blockchain, in order to promote the advantages of each blockchain, thereby improving transaction processing capacity, increasing utility and minimize costs.
"KardiaChain will play an important role in bringing blockchain technology to mainstream users and into practical applications in daily life," Hung said.
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KardiaChain's chairman, Nguyen Ngoc Hung (left) and CEO, Pham Minh Tri (right) introduced KardiaChain's groundbreaking technology at Cryptocurrencies and Digital Assets Dialogue.
According to the business representative, the solutions that KardiaChain developed are a completely new breakthrough and are waiting for a patent. In particular, dual network node technology provides a stable and secure connection to any blockchain, despite the differences in protocols, allowing the translation of interlocked blockchain assets and data, without changing. What on the blockchain involved. Technology is built by a team of experienced Vietnamese software engineers from Google, Microsoft, Amazon in Silicon Valley, USA. KardiaChain's research ensures comprehensive integration with new technologies in the future.
Specifically, with smart cities, KardiaChain will initially apply to key areas to build an important foundation for the future such as:
Medical applications
Thanks to the application of blockchain technology, the patient's biography is recorded and stored securely on the system, avoiding misplaced or confused situations. Health care facilities at all levels can use this data source in the treatment of patients regardless of whether they are in Vietnam or abroad, while ensuring their privacy.
Application in education management
The ecosystem built by KardiaChain allows schools to store and share data about students to transparent management, reduce procedures, as well as prevent point fraud, point correction, and correction. you. Digitized records help the enrolling units quickly authenticate and select appropriate subjects. Reliable learning outcomes can help set the benchmark and enrollment criteria more effectively.
Application in recruitment
Going forward may help make recruitment more convenient, the candidate no longer takes time to authenticate documents such as transcripts. Employers are not worried about fake diplomas and dishonest records. Students can share the results from before graduation for potential employers.
Application in corporate information management
Each locality will use a different blockchain system to update information about personnel, taxes, financial statements ... KardiaChain will be the ecosystem that connects these systems together, helping ministries from Local to central level understand the change or update in the operation and structure of the enterprise. Tax authorities, finance departments or the Department of Industry and Trade can share the information of businesses safely and securely in the process of business management and management.
With many years of experience in the field of building and operating technology projects with a total investment of up to tens of millions of USD, Mr. Nguyen Huy Binh, president of Technimex JSC., Adviser KardiaChain said, the procedure for posting heavy, complicated business registration, declaration, financial reporting, the process of approving and universalizing the law of competent authorities is still slow, lack of transparency, is a major barrier to limited ability. business development capabilities.
"KardiaChain's goal is to support ministries, departments and businesses to solve this problem effectively at the smallest cost," said Binh.
Many guests listened to KardiaChain's advisory board presenting the technology and application of KardiaChain's solution at CDAD2018
Support domestic and international financial, banking and data connection organizations
Currently, many banks and global financial institutions have started using blockchain to store, share customer information and support interbank transfers. According to the consultant of the business, Martin Juillard, executive director of Nomura's convertible bond trading division, blockchain technology will be the future of the world financial industry and KardiaChain is the bridge to help the bank. Vietnamese goods and financial institutions connect to the database that international banks are using.
The initial result that KardiaChain achieved was a combination of the tireless efforts of the development team and the contribution of development orientation, strategic vision in technology from the project's technology advisory board. like Dr. Pham Khoi Nguyen - Former Minister of Natural Resources and Environment, Mr. Nguyen Thanh Lam - Former General Director of FPT Software Company and many other leading experts.
Mr. Pham Minh Tri, CEO and co-founder of KardiaChain said that in the near future, the unit will aim to apply blockchain technology into management activities of ministries, departments and agencies across the country as well as cooperate with businesses. Vietnamese businesses, multinational companies and foreign businesses to build a diverse blockchain ecosystem.
Information of the project see here:
Website: https://www.kardiachain.io/
WhitePaper: http://dl.kardiachain.io/KardiaChain-WhitePaper-English.pdf
social media:
https://twitter.com/@kardiachain
https://open.kakao.com/o/g4g8M2lb
https://t.me/kardiachain
https://medium.com/@KardiaChain
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