VBC Partners with FServices to Develop Blockchain-Based Financial Services

Ho Chi Minh City, June 20, 2019 – Representatives of Vietnam Blockchain Corporation (VBC), powered by Infinity Blockchain Labs (IBL), and representatives of Uc Chau Trading Corporation (FServices) signed a partnership agreement to advance research and development in deploying blockchain technology in financial services.  The goal of the agreement is to benefiting both parties as well as the community in the application of blockchain technology into financial services.

Hai bên thoả thuận hợp tác trong hoạt động nghiên cứu, phát triển và ứng dụng công nghệ Blockchain trong dịch vụ tài chính tín dụng

Mr. Do Van Long, Director of VBC, signed a partnership agreement with Ms. Truong Thi My Phuong, CEO of FServices.

Both parties will jointly develop a pilot feature that initially provides and updates customer profile information for loan processing. Soon thereafter, VBC and FServices will advance to larger scale features for their customer database, credit rating system, and other financial applications in response to market trends.

Ông Đỗ Văn Long, Giám đốc Công ty VBC, cùng ký kết hợp tác với bà Trương Thị Mỹ Phương, Tổng Giám đốc Công ty FServices.

The two sides agreed to cooperate in the research, development and application of Blockchain technology in credit financial services

Mr. Do Van Long, Director of Vietnam Blockchain Corporation and the Regional Chief Strategic Officer of IBL, said “we are pleased to partner with FServices to research and develop blockchain-based applications in financial services. This is a tremendous opportunity for both VBC and FServices in their commitment to providing useful blockchain technology solutions for society and the community.”

Ms. Truong Thi My Phuong, General Director of Uc Chau Trading Corporation (FServices) said, “in the age of industrial revolution 4.0, bockchain technology is seen as the foundation for digital transformation. With the ability to share real-time data information transparently, saving storage space and high security, using blockchain technolog yin financial services will be an inevitable trend in the future. With the intention of leading the business with technology, FServices wishes to become the leading Fintech company in Vietnam, providing the most comprehensive and optimal financial services to Vietnamese.”

About Uc Chau Trading Corporation (FServices)

Uc Chau Trading Corporation is a business specialized in the field of: loan consulting services, life insurance, general insurance, and debt collection. With the motto “Bring values to customers,” Fservices always tries its best in both manpower and workflow to brand reputation and trust with customers through the products that their company provides. The trust and support of customers during the past time is a great encouragement on the development path of Fservices.

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

VBC Contact information

Address: 5th Floor, Flemington Building, 182 Le Dai Hanh, Ward 15, District 11, TP.
Hotline: (+84) 0377 887 403
Representative: Mr. Do Van Long
Director – Vietnam Blockchain Corporation
Regional Chief Strategy Officer – Infinity Blockchain Labs

Infinity Blockchain Labs (IBL)

Infinity Blockchain Labs (IBL) is a visionary R&D company committed to advancing society with next-generation solutions.  IBL receives global recognition through its renowned initiatives and influential partnerships while leading the blockchain ecosystem in its home, Vietnam.  IBL’s mission is to be the R&D engine that transforms future technology into practical applications for business and everyday life.

In fulfilling this mission, IBL turns the complexities of blockchain technology into practical solutions through a comprehensive range of IT consultancies, the creation and integration of Apps, and an unyielding commitment to the research and development of cutting-edge blockchain innovations. Named one of the top ten blockchain technology solution providers in 2018 by APAC CIO Outlook, the 200+ employees at IBL aspire to empower Vietnam and all of humanity with powerful blockchain innovations to power the future.

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