Benzinga - Concordium, a technology firm known for its Layer 1, science-backed blockchain, has entered into a strategic partnership with IMPERO Group, a prominent technology consulting firm in Southeast Asia.
This partnership moves Concordium's expansion strategy forward, with the company providing secure digital identities for citizens across Southeast Asia, ensuring data integrity and privacy, and creating seamless interactions between citizens and government services. The partnership will support IMPERO’s endeavors with the Authority of the Freeport Area of Bataan Offshore Digital Assets License ecosystem.
Concordium will provide blockchain-based solutions for this initiative, offering heightened security and efficiency for participants’ digital assets.
Torben Kaaber, head of Commercial at Concordium, expressed his excitement about the partnership, stating, "The Philippines, with its remarkable rate of crypto adoption, presents a thriving market for our advanced blockchain solutions. Through this partnership, we aim to showcase Concordium's capabilities in enhancing identity management and transforming corporate operations."
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Emmanuel Samson, co-founder and CEO of IMPERO, also shared his thoughts on the partnership: "The introduction of Concordium's innovative blockchain solutions will revolutionize how businesses consider identity management throughout the Southeast Asian market.
"The blockchain industry continues to drive new world innovation across the globe, and today’s announcement marks a significant step towards the realization of blockchain-enabled business practices and commerce in Southeast Asia.”
As part of the partnership, Concordium and IMPERO will leverage the legally mandated blockchain ecosystem of AFAB and other freeport areas to introduce the Concordium blockchain to various government-owned and controlled corporations (GOCCs), Smart City projects and Philippine government agencies.
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