Uppsala Security establishes a Partnership Agreement with Sota Tek, a leading Systems Integrator across Asia & Japan
Singapore, 18 August 2020 — Uppsala Security, the leading provider of award-winning tools for Crypto Risk Management and Cybersecurity announced today the signing of a Partnership Agreement with Sota Tek, headquartered in Hanoi, Vietnam, with international offices in Tokyo and Osaka, Japan, and known as a leading provider of offshore services for system integration and development utilizing state-of-the-art technologies including artificial intelligence, blockchain, and cryptocurrency to provide their clients with innovative systems with optimized capabilities.
These days crypto related hacking incidents and scams have become increasingly complex and sophisticated. As a result, the market for effective, easy-to-use crypto security tools is steadily expanding as solutions for Crypto AML, KYC Intelligence, Transaction Tracking, and Cybersecurity are increasingly critically needed by organizations in markets across Asia and other parts of the world to measure the risk of potential future transactions and to understand the integrity of transactions with counter-parties. Through the recently signed Partnership Agreement, Sota Tek plans to use the advanced crypto security tools and services provided by Uppsala Security to better assist and support Sota Tek‘s clients in Vietnam.
Financial institutions and virtual asset service providers (VASPs) handling cryptocurrencies need to comply with the international regulations issued by the Financial Action Task Force (FATF). The awarding-winning suite of crypto security tools and services provided by Uppsala Security is well positioned for strengthening organizational capabilities for meeting regulatory compliance standards aimed at preventing the misuse of virtual assets for money laundering and terrorist financing. The active efforts of Sota Tek for providing Uppsala Security’s product suite to its customers will help organizations comply with the evolving regulations being implemented across the cryptocurrency and blockchain industry around the world.
„One of our key goals at Uppsala Security is to expand the availability of our advanced crypto security solutions and our responsive support services to each and every individual and organization in the crypto world. We are very grateful to have a strong partner like Sota Tek that will work with us in realizing our mission which is to provide easy to use, effective crypto security products and services for protecting the crypto assets of individuals and organizations from bad actors. The online world we live in today is increasingly dangerous; and together with our partners, we are here to help secure cryptocurrencies and other digital assets by enabling our users to instantly detect and mitigate new threats at any time.“ said John Kirch, Sales and Business Development, Senior Vice President, Uppsala Security.
“Based on our experience and market understanding, we can see that the products and services developed by Uppsala Security are needed by our customers. Given the growing complexity and stealthiness of today’s cryptocurrency attacks and constantly evolving requirements for crypto security solutions, the suite of advanced security tools and services provided by Uppsala Security offers unique depth and breadth, and that is exactly what the cryptocurrency community urgently requires. At Sota Tek, our team is committed to equipping our customers with effective solutions that satisfy varying needs for crypto risk management and security against malicious attacks, scams and fraud. To realize that objective, we look forward to equipping our customers with the market leading crypto security products from Uppsala Security.“ said Teddy Nguyen, Co-Founder & Chairman of Sota Tek.
About Sota Tek
Sota Tek, founded in 2015, headquartered in Hanoi, Vietnam, with international branch offices in Tokyo and Osaka, Japan; is composed of a team of IT professionals with over 198 staff. With customers in seven (7) countries across the world, Sota Tek is a leading international system integrator building full-stack solutions on multiple platforms with highly scalable back-ends and rich media front-ends leveraging leading-edge technologies such as blockchain, cryptocurrencies, and A.I. To date Sota Tek has successfully developed and deployed innovative software solutions for clients around the globe in various key industries including entertainment, medical, and financial services.
About Uppsala Security Pte Ltd.
Uppsala Security built Sentinel Protocol, the first crowdsourced Threat Intelligence Platform powered by blockchain technology and A.I. Supporting the framework is a team of experienced cyber security professionals who provide an award-winning suite of advanced tools and services for Crypto AML, KYC Intelligence, Transaction Tracking, and Regulatory Compliance Analytics enabling organizations to protect their crypto assets from malicious attacks and scams while meeting regulatory compliance standards. Today Uppsala Security has over one thousand users including government organizations and leading enterprises providing crypto exchanges, payment services, wallets, gaming, and fintech solutions.