(Photo: Taken from KardiaChain Website)
The birth of blockchain technology has changed the way that we perceive and process data. It has become a transformative technology that revolutionized healthcare, e-commerce, information dissemination, and application development. One company stands out from the rest: KardiaChain in the ever-evolving work of blockchain technology.
Based in Vietnam and becoming the leading blockchain company in Southeast Asia, KardiaChain is relatively young, having been established in 2018. The two founders and high school classmates, Pham Minh Tri and Huy Nguyen, wanted to create a company that streamlines communication between different platforms, reshaping the blockchain landscape and changing the way that blockchain works.
(Photo: KardiaChain CEO Tri Pham)
In their mission to create blockchain much more cohesive and accessible, the founders developed Dual Node Technology, a patent-pending innovation that allows KardiaChain to connect seamlessly with existing blockchains like Ethereum and Binance Smart chain, essentially facilitating the exchange of data between different networks, increasing the utility and also the versatility of blockchain, which is exactly what early adopters of blockchain envisioned for the technology. Now, Tri and Huy are tapping into that unrealized potential.
Headquartered in Ho Chi Minh City, with the government's endorsement, KardiaChain also actively seeks to bridge the gap between the technology and end-users as they discovered that your average Joe may not understand the key benefits of blockchain or actively seek to implement it, despite the fact that it could increase productivity and other added benefits to companies that utilize the technology.
The platform also has its own native token, called KAI, which is the heart of its blockchain ecosystem. Kai token holders can participate in network upgrades and governance rights, all of which are exclusive benefits to KAI holders. It also incentivizes active participation with the KardiaChain community, meaning everyone has a say in the platform's development.
"We don't seek to be just like everyone else," explains Tri, "because anyone else can do that. We want to make sure that we're building something that can last, something sustainable that can be easily scaled and has the confidence of its users."
Recognizing the challenges that platforms like Ethereum faced in the early days in regard to scalability, KardiaChain adopted a unique sharding mechanism that enables the network to handle a high volume of transactions with low latency, which would help maintain the integrity of its services instead of overloading its servers, priming KardiaChain as an ideal choice for businesses and applications that require high throughput.
The company has partners with various Vietnamese institutions to bring about greater change. They were able to develop a blockchain-based healthcare platform for the Vietnamese Ministry of Health that allows them to better manage and secure patient records, preserving data integrity and streamlining healthcare processes. KardiaChain has also developed credential verification solutions to simplify the hiring process for employers. Their continued efforts to enhance transparency and efficiency have gotten them noticed, and they are now being sought after by international clients and have built a name for themselves as one of the top companies to watch in Southeast Asia.
