TAIPEI, Nov. 1, 2019 /PRNewswire/ — In light of recent growth of blockchain technology acceptance in Asian countries, prioritization of blockchain technology signals imminent new investment. This will undoubtedly benefit FiO, Asia’s first plug-and-play blockchain-as-a-service (BaaS) solution. FiO is expected to hold its first blockchain meetup on 11 November in Taipei. The meetup will focus on real world business applications of blockchain.
According to Mr. George Chu, FiO CEO:
“The recent growth of acceptance bodes well for blockchain companies and industries. For FiO, it validates our hard work to create blockchain-based infrastructure for traditional companies. We’re ready to use this new momentum and coming regulatory clarity to create a truly superior enterprise product.”
Blockchain, a distributed ledger technology (DLT), offers a myriad of benefits to a wide range of industries like commerce, retail, medical research, procurement and more.
For example, FiO, a BaaS innovator, this year launched the first Plug & Play BaaS solution in Asia to help companies integrate the latest innovations in the converging fields of blockchain, artificial intelligence, big data and the Internet of Things (IoT). Its solutions are complete interoperable with public and private blockchains and allows businesses to share data, optimize efficiency and reduce costs through a deep cooperation that removes current barriers in financing, risk control, supervision and supply chain management.
FiO also aims to help new Smart city initiatives scale by helping companies connect and add value to the next wave of digital urban transformation. FiO currently operates in Hong Kong, Singapore, Tokyo, New York, Beijing, Taiwan, Tel-Aviv and plans to expand to SoutheastAsia in 2020.
Acknowledging its growing social responsibility, FiO has committed to educating industry leaders and will host their first meetup in early November, to be attended by its technology partner IBM and CTO Kaede Tai.
FiO plans to establish its own developer community to promote the adaptation of blockchain technology with the aim of becoming the blockchain provider for the mass.