UAE: VeChain, a global leading public blockchain platform focusing on enterprise adoption and BIOS Middle East, the UAE’s leading Managed Cloud Provider have signed a MoU to co-market and implement a framework of blockchain-as-a-service and 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 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.
“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,” said Sunny Lu, Co-Founder, and CEO of VeChain.
“BIOS Middle East will work with VeChain to extend its proven solutions on the blockchain to be directly accessible to Middle East and African organizations through the CloudHPT platform, which will potentially bring thousands of transactions on a daily basis,” Dominic Docherty, Managing Director, BIOS Middle East added.
Starting in June 2015, VeChain aims to connect block chain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public block chain technology, its notable enterprise partnerships with DNV GL Business Assurance, PwC Venture Hub Singapore, PwC Greater China & Hong Kong and recent real world collaborations with Bright Foods, BYD, PICC, D.I.G seals its position as a leading enterprise-level public blockchain platform. It has international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco.
For more information, please visit: www.vechain.org
About BIOS Middle East
Established in 2002, BIOS Middle East is a Managed Service and Cloud Provider with its headquarters in Dubai, UAE. With an aim to provide its 300 plus customers the capabilities they need to become cloud enabled and successful with their digital transformations, the Company provides managed services and cloud solutions with 24x7x365 support backed by a measurable SLA. BIOS Middle East’s solutions include Managed Services, Security-as-a-Service, Infrastructure-as-a-Service, Disaster Recovery-as-a-service, Managed Multi-cloud across our cloud, CloudHPT, AWS and Azure and more recently Blockchain-as-a-Service.
For further information, please visit www.biosme.com and www.cloudhpt.com© Press Release 2018
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.