May 19, 2024

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FPT Software and IFA Partner to Ramp Up Blockchain-Backed Information Banking Service

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HANOI, Vietnam–(Business enterprise WIRE)–Vietnam’s major IT business FPT Application and Tokyo-centered IFA Co., Ltd. (IFA) have formed a business enterprise alliance to develop an details banking platform. The system, AIre Info Lender, expects to increase the data trade expertise with the utilization of blockchain technological innovation.

Many corporations and providers count on knowledge to function, but how to trade facts pretty and securely remains a challenge. With the advancement of AIre Data Lender, FPT Application and IFA glance to give a market that allows secured and clear transactions of details and rewards concerning “sellers,” who provide a wide range of particular facts, and “potential buyers,” who obtain facts for advertising and other uses.

Blockchain know-how, with its strengths of growing stability and transparency, is leveraged to develop this system. AIre Details Lender makes use of ARCS, a cryptocurrency issued and operated by IFA, as its indigenous token. In addition, all transaction knowledge will be saved on the blockchain, preventing any party from corrupting the integrity of data, letting “buyers” to acquire the data quite.

By combining the use of ARCS and FPT Software’s sophisticated blockchain ability, both get-togethers aim to realize the vision of user-sovereign autonomous information utilization, generally in the Asia Pacific region.

“We are really delighted to announce this business enterprise partnership with FPT Software package,” stated Masashi Mizukura, CEO of IFA. “The Facts Bank is 1 of the most crucial spots of the AIre initiative, as it will enable the clear and autonomous use of details. FPT Software package has a established monitor history of giving technologies to some of the world’s top IT organizations and is accredited by the Vietnamese governing administration. By introducing FPT Software’s innovative technological capabilities to the AIre Data Bank, we feel that we will be capable to achieve a substantial amount of safety and ease for both end users who supply knowledge and organizations that use information,” he noted.

“We are delighted that our partner IFA recognizes our blockchain functionality,” reported FPT Japan CEO Nguyen Viet Vuong. “We look forward to producing this info lender system and extending blockchain purposes in business. FPT Program will bolster this partnership with IFA, creating protection, transparency, integrity, and usefulness a reality for our buyers.”

IFA and FPT Software package are finetuning the companies of AIre Knowledge Bank and approach to launch the software in 2022.

About FPT Application

FPT Software program is a world technological innovation and IT products and services service provider headquartered in Vietnam, with additional than USD 513 million in earnings and 20,000 employees in 26 countries. As a pioneer in electronic transformation, the business delivers planet-class services in Intelligent manufacturing facility, Electronic platforms, RPA, AI, IoT, Cloud, AR/VR, BPO, and additional. It has served 700+ prospects around the world, a hundred of which are Fortune World-wide 500 businesses in the industries of Automotive, Banking and Finance, Logistics & Transportation, Utilities, and a lot more. For even further data, be sure to visit

About IFA Co., Ltd.

IFA develops and operates AIre, a up coming-generation details banking platform, aiming to make a earth where by absolutely everyone has sovereignty over “their have facts”. AIre aims to produce a decentralized modern society where by new requirements made by users turn out to be the norm, alternatively than the common centralized info management modern society, and will employ blockchain to obtain this intention. We will take an approach that will make a sophisticated technology more available, and we system to deepen collaboration with organizations and communities, both domestic and intercontinental, and visualize the enhancement of a extensive variety of partnerships. For far more information and facts, please check out

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