KardiaChain release Mainnet 1.0 — The World’s first non-invasive cross-chain solution launches in Southeast Asia
The Mainnet launch was also covered on the top traditional media sites in the nation: Thanhnien.vn (The Young news) and ICTnews (News for technology) in Vietamese version:
You can see the translation for those Press release below.
“On December 29, KardiaChain officially launched the first interoperability blockchain infrastructure in Southeast Asia after 3 years of research and development.
This is a blockchain platform capable of linking any open or private blockchain (public and private blockchain) with Dapps (decentralized applications) operating on those blockchains.
The event marks more than three years of research and development of the decentralized KardiaChain platform with the ambition to bring blockchain to wide use in the economic and life spheres.
The Kardiachain platform is currently valued at more than $125 million by international investors. In Mainnet 1.0, KardiaChain starts with 20 Genesis Masternodes with Byzantine Fault Tolerance (BFT) based consensus mechanism — the error-resistant consensus mechanism — ensuring a distributed computing network works as desired and achieves Accurate consensus, Proof of Stake Delegated Proof of Stake (DPoS) KardiaChain can handle over 6000 transactions per second (Transaction Per Second — TPS), transaction validation time is less than 5s and supports very low transaction fees. Compared to the world’s number one decentralized application platform, KardiaChain is 400 times faster and saves 10,000 times more cost.
According to the founders, the security, stability, and completeness of the chain are guaranteed by technologies such as dual-layer consensus algorithms, voting to secure the network (staking). The dual-layer consensus algorithm is the characteristic algorithm of KardiaChain Dual Node technology. Data information from other blockchains will be authenticated on the first layer by the dual nodes and verified in the second step by validators and then recorded on KardiaChain. This algorithm helps to move information and assets between blockchains while preserving the proof of encryption in each chain.
“We believe that KardiaChain has a full range of features to spread blockchain to millions of users. The launch of the Mainnet is a turning point and milestone for KardiaChain, demonstrating the goal of pursuing the ambition of “nationalizing” blockchain”,
said KardiaChain co-founder and CEO, Mr. Tri Pham. Mr. Tri also emphasized that this is an important step in the development of the KardiaChain ecosystem to match the company’s strategic vision and development roadmap.
Prior to the role of CEO KardiaChain, Tri Pham was the founder and consultant of Tech Startup in London (UK) with more than 10 years of experience in startups in many fields such as mobile applications, finance, and services. He holds a master’s degree in science from the University of East Anglia (London), has a passion for blockchain since 2013, and has been working on the technology ever since. Co-founders with Tri Pham and Huy Nguyen, former senior managers at Google, with more than 10 years of experience building large-scale distributed infrastructure. Featured projects by Huy Nguyen include Android Hearables Experience and Google Access Wireless Platform.
In the next year, the company plans to promote KAI Membership, a mobile application that helps people become a “member” of the blockchain world with many practical features and utilities.
Besides, KardiaChain will develop products in the transport, real estate or media industries, with strategic partners being large enterprises in Vietnam such as Mai Linh and Geleximco.
Information about the founders:
Tri Pham, Co-founder & CEO KardiaChain:
Tri Pham is the founder and consultant of Tech Startup in London with more than 10 years of experience in startups in areas such as mobile applications, finance, and services. He focuses on bringing advanced technologies to the masses. He received an Entrepreneur Award from Santander. Graduated with a Master of Science degree from University of East Anglia (London), has been passionate about blockchain since 2013 and has been researching the technology ever since. Since 2017, he has been actively investing in many successful blockchain projects.
Huy Nguyen, Co-founder & CTO KardiaChain:
Huy Nguyen is a Senior Manager at Google, with over 10 years of experience building large-scale distributed infrastructure. He manages many important projects, most notably Android Hearables Experience and Google Access Wireless Platform. He owns many patents and research in the US in the field of network infrastructure, as part of Google’s “Next Billion Users” initiative to build a technology platform for Africa. and other 3rd world countries.”
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