October 2, 2019
Ho Chi Minh City, September 27, 2019 – Vietnam Blockchain Corporation (VBC), subsidiary of Infinity Blockchain Labs, was honored in Top 10 Prestigious Trademarks 2019.
The award is the result of the evaluation and selection of the best units that have innovative solutions applying blockchain technology. With the desire to reach out to the world, Vietnam Blockchain Corporation sets a direction for developing blockchain technology solutions for Vietnam market and bringing these solutions to the problems of everyday life. With this strategy, VBC contributes actively to the economy, environment and society in the community. This aspiration was once again recognized at the Top 10 Prestigious Entrepreneurs Awards by the Institute of Economic Training Development and the Vietnam Brand Development and Consulting Center.
Vietnam Blockchain Corporation was honored with Top 10 Prestigious Brands 2019
Mr. Do Van Long, Director of Vietnam Blockchain Corporation and Chief Regional Strategy Officer of Infinity Blockchain Labs, shared, “We are very proud to be a startup in Vietnam honored in the Top 10 Prestigious Brands in the integration time. This is a testament to the relentless efforts of our staff and a comprehensive and sustainable development strategy to provide blockchain technology solutions for everyday life.”
Mr. Do Van Long also shared about the potential of blockchain technology in agriculture, elections, and digital identities through blockchain solutions being implemented in Vietnam is traceability of agricultural products under the value chain with the name “Agridential”, Smart Election “Smart Ballot” and Identity “Self-Sovereign Identity”.
VBC applies blockchain technology to agriculture to fundamentally improve its ability to manage, monitor, produce and process agricultural products through the value chain. One of VBC’s products, called Agridential, is a value chain traceability solution based on the blockchain technology standard GS1. According to Mr. Do Van Long, Director of the company, “This is a combination of Agriculture and Credential, we provide authentication solutions for Vietnamese agricultural products”. Agridential has been successfully deployed for My Xuong mango products, in Dong Thap province, Vietnam. Each mango has a QR code in compliance with GS1 standards for identification. All of the above information is recorded from independent parties such as farmers, cooperatives, logistic, distributors to avoid information manipulation. Consumers can monitor and check the process of agricultural products from fertilizing, spraying, packaging to harvesting and distribution.”
Besides Agridential, VBC is researching and developing two more projects which are ‘Smart Ballot’ and ‘Self Sovereign Identity’. Smart Ballot of Vietnam Blockchain Corporation is the pioneer blockchain application of voting solutions to improve the traditional voting method. Smart Ballot makes the voting process simple, fast, accurate and free of any party manipulation. The solution keypoint is transparency of the voting process, which allows verification accurately of the results, while ensuring voting anonymous.
On the other hand, the Self-Sovereign Identity solution that applies blockchain technology in digital identification to replace the traditional customer identification method by manual method is face-to-face meeting. With this solution, governments, banks and financial institutions can save time, money and manpower by building a transparent management system, safe and reliable to serve the community. Self-Sovereign Identity is being applied to the project “Blockchain solution to solve the problems of workers”. The project is cooperating with The Asian Foundation (TAF) and HMC Clean House Development Joint Stock Company (Jupviec), with the support of Bureau of Democracy, Human Rights and Labor-DRL. Blockchain technology will be applied to protect the rights and interests of workers and enhance the reputation of the project in supporting employees.
Vietnam Blockchain Corporation – VBC
Vietnam Blockchain Corporation (VBC) is a technology company providing blockchain solutions and services in Agriculture, Manufacture, Supply Chain, Logistics, E-Commerce, Fintech, Sharing Economy, Public Services, and Smart City. VBC aims to power Vietnam in becoming a Blockchain Country & Expert Hub. VBC, formerly Vietnam Blockchain Country, is a subsidiary of Infinity Blockchain Labs (IBL).
Infinity Blockchain Labs (IBL)
Infinity Blockchain Labs Co., Ltd. (IBL) is a company that researches and develops Blockchain technology with a commitment to promote social development with future technologies. With the leading position of the blockchain ecosystem in Vietnam and global market coverage, IBL aims to become an R&D unit that brings future technology into practical applications for existing businesses and daily life.