Vietnamese enterprises cooperate with global partners to build digital asset platform

(Chinhphu.vn) - SSI's cooperation with Tether, U2U Network and AWS marks a turning point in the development of digital assets, blockchain and cloud computing in Vietnam. This is a concrete demonstration of the national digital transformation orientation, in line with the development policy of the Party and State.

Representatives of units participating in the signing ceremony - Photo: VGP/HT

On June 19, in Hanoi , a cooperation signing ceremony took place between member units of SSI Securities Corporation and international partners Tether, U2U Network, Amazon Web Services (AWS). The event attracted the attention of the Vietnamese and international financial and technology community.

There are 3 memorandums of understanding between the partners signed..

First, the official memorandum of understanding (MOU) between SSI Asset Management (SSIAM), SSI Digital (SSID) and Tether was announced. This agreement aims to promote the development of digital asset infrastructure and technology sharing between the parties. Notably, Tether is the world's largest stablecoin issuer with over $155 billion in market capitalization and 440 million global users.

Second, SSI Digital Ventures – a technology investment platform in the SSI ecosystem signed an investment agreement with U2U Network. This project focuses on developing Layer-1 blockchain, especially practical applications in the field of DePIN (Decentralized Physical Infrastructure Networks) and decentralized computing, which is currently receiving a lot of attention.

Third, a cooperation model between SSID, AWS and U2U Network was announced to build a hybrid infrastructure system. This is a combination of cloud computing and decentralized network, aiming to serve applications in finance, data, and especially e -government - a key goal in the national digital transformation process.

According to representatives of the units, this signing ceremony responds to the wave of digital transformation that is spreading strongly in Vietnam. Vietnam is currently striving to build a transparent, efficient and integrated digital economy. From there, connecting traditional infrastructure with new generation blockchain technology is the lever to form a flexible and scalable digital ecosystem.

Mr. Minh

Source: https://baochinhphu.vn/dn-viet-nam-hop-tac-cac-doi-tac-toan-cau-xay-dung-nen-tang-tai-san-so-102250619165422461.htm