VeChain has recently tamed up with a leading cloud services provider in the United Arab Emirates by the name of BIOS Middle East.
According to information provided by the joint press release, VeChain and BIOS Middle East have signed a memorandum of understanding to develop a Blockchain-as-a-Services and launched there very own blockchain-enabled cloud services.
“VeChain’s wide range of blockchain solutions for enterprises comprising of the Internet of Things (IoT) are ripe for major cloud service providers like BIOS Middle East to provide a variety of Blockchain-as-a-Service (BaaS) offerings to existing clientele across energy, finance, retail, petrochem and healthcare industries in the Middle East.
BIOS Middle East and VeChain recognize that in order for a large-scale blockchain revolution to happen, companies will require help with designing, migrating and managing their blockchain solutions to realize its tremendous benefits.
BIOS Middle East is integrating its own Security-as-a-Service offering, known as BIOS Secured on the Vechain blockchain. This will allow for significant events to be encrypted and registered to the blockchain so that they are non-reputable, eliminating the possibility of bad actors changing logs.”
Sunny Lu, CEO and Cofounder of VeChain had this to say,
“Leveraging on BIOS Middle East’s expertise in Cloud Services and System integration, I believe Dominic’s team will help accelerate adoption and transactions on VeChain’s platform. Starting from Dubai, one of the world’s blockchain-friendly states,”
Vechain is taking the chance to make its presence known to the middle east with this recent partnership. Blockchain technology is growing stronger by the minute and with this partnership with BIOS Middle East, more and more companies will start to become interested in it as well.
How successful will this partnership be?
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