Benzinga - It seems like just yesterday that the Bitcoin boom spewed forth the technology that we now know as blockchain, effectively revolutionizing the way that data is processed and protected. It has come a long way since then but it still has a long way to go.
According to KardiaChain, a rising blockchain company in Vietnam, “only a few companies have successfully integrated cross-chain infrastructures,” with KardiaChain being one of them. The CEO and founder, Pham Minh Tri, spent more than a decade learning and working with blockchain technology.
It first garnered his interest back in 2012, but a short five years later, he started his own company with co-founder and current senior technical manager at Google, Huy Nguyen. KardiaChain aims to streamline the blockchain process so that algorithmic differences do not thwart its ability to share data. Their patent-pending technology, Dual Node, is a non-invasive, cross-chain technology that will revolutionize the way that blockchains interact.
Dual Node has the capability to overcome language barriers between external chains, offering a much more streamlined process of productivity instead of having to switch platforms when dealing with clients that use a different platform or vice versa. It is able to evaluate all factors, from performance to fees, to decide which is the optimal chain for directing the translated request. In other words, it considers the best value for time and money for each request.
Just like any other blockchain company, KardiaChain offers business owners to build secure applications which are both open-ended and transparent - one of the key selling points of blockchain technology.
Unlike other blockchain companies which are hosted in America or European countries, KardiaChain is one of the very few blockchain platforms based in Vietnam and is hugely supported by the government.
Scalability is one of the top focuses of KardiaChain, and the company seeks to grow using “a hybrid consensus mechanism that combines delegated proof-of-stake (DPoS) and proof-of-authority (PoA) algorithms. This enables faster transaction processing and higher throughput compared to traditional blockchain networks,” explains Tri.
This vision has enabled them to become one of the largest blockchain providers in South East Asia and they have entered into various collaborations with both local and international companies such as LG CNS, a subsidiary of LG Corporation in the field of information technology services, Mai Linh, a taxi service provider in Vietnam, Fado.vn, an e-commerce platform that is widely used in Vietnam that caters to the gaming industry, and they were named one of the top companies to watch by LINK in 2021, and they very well may be, being one of the very few blockchain companies to operate out of South East Asia of this caliber.
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