Vietnam’s FPT Software kicks blockchain goal with Japan’s Canow – Channel Asia Singapore

ad-midbar
ad-midbar
ad-midbar
ad-midbar

Credit: FPT Software

Vietnamese IT services provider FPT Software has struck a deal with Japanese sports merchandising company Canow to develop and launch a blockchain-based customer loyalty platform.

The new customer loyalty platform, dubbed YELLtum, is to be underpinned by FPT Software’s enterprise blockchain platform, akaChain.

FPT Software’s akaChain is an end-to-end, permissioned, multi-chained network that is designed to assist in transforming enterprises across various sectors, including retail, banking, finance and insurance, among other verticals.  

“The core of YELLtum is a private token management service on blockchain,” said Long Nguyen, head of blockchain research and development at akaChain. “It can free users from information security concerns and allow them to fully enjoy their shopping experience, as well as enable enterprises to serve their customers better.  

“From a technical point of view, it is a solid use case that fully demonstrates advantages that blockchain technology brings to modern businesses instead of the cryptocurrency scheme that we normally see,” he added.

News Source

ad-bottom
ad-bottom
ad-bottom
ad-bottom

NO COMMENTS