This article was first published on Stories by IOS Foundation on Medium
With Vietnam having one of the most active crypto user base globally with over 2 million traders and investors, it has long been known as one of the most promising crypto markets in the world with rapidly growing crypto penetration. This strong growth is in part down to three key factors: (a) legacy banking infrastructure which creates an opportunity for new financial technology to create widespread change, (b) a volatile domestic currency which creates instability in the purchasing power and (c) its huge population of young, tech-savvy users who have seamlessly adopted cryptocurrency and blockchain technology as the future of money.
IOST Powers Into Vietnam — Strikes Partnerships and Attracts Strong Community Interest
To capitalize on this exciting market opportunity, the IOST Foundation has set our sights on Vietnam being one of our key growth markets for 2019/20. We are excited to announce that we have struck numerous partnerships with leading players and community leaders in Vietnam, who have committed to help IOST develop and break into one of the world’s most active crypto trading market.
Blockchain Adoption In Vietnam with Infinito Wallet
IOST has partnered with Infinito Wallet to provide a comprehensive range of user services to the local Vietnamese community, this includes full integration for IOST asset management, Dapps access and staking services.
On August 2nd 2019, IOST participated in Infinito’s Blockchain Adoption event in Ho Chi Minh City, Vietnam together with various local leaders — TomoChain, Kyber Network, WisePass and Vietnam Blockchain Community. This event was a great networking opportunity for all crypto enthusiasts to connect and discuss about applying cryptocurrencies to real life.
Lawrence Lim, Head of Business Development, represented IOST at the event and shared about how IOST has successfully drove crypto penetration in various developing markets, citing examples such as the partnership with Boomstarter to launch and fund businesses ...
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Stories by IOS Foundation on Medium