TomoChain — Faculty of Information Technology, University of engineering and technology, Vietnam National University Partnership Announcement

TomoChain is delighted to announce our first collaboration in the academic field with the Faculty of Information Technology (FIT), University of Engineering and Technology (VNU-UET), Vietnam National University Hanoi — one of the most prestigious universities in Vietnam.

We will collaborate on research and technical development, which will foster widespread understanding and innovation in the field of blockchain development, as well as facilitate several courses to meet the high student demand for learning about cryptographic and blockchain technology.

Long Vuong, CEO and founder of TomoChain, said: “The relationship with FIT is the first step of TomoChain to support research and study in blockchain at universities. We believe that academic institutions play a vital role in pioneering new innovations for cryptography and blockchain technology. As the interest in the blockchain technology is surging, these types of collaborations are even more critical for TomoChain.”

FIT is a leading academic institution which focuses on computer science at graduate and postgraduate levels, as well as conducting research and development in computer science and related fields. With more than 20 years of development, FIT has become a pioneer in higher education and research in the field of information technology — with a vision of becoming a top regional IT training and research hub.

Dr. Le Sy Vinh, Dean of FIT, commented, “There has been a huge interest among FIT’s professors and students to understand and advance their researches in cryptography and blockchain technology. FIT expects that this relationship with TomoChain will fuel innovation and deepen understanding of blockchain technologies and their uses among our researchers and students.”

TomoChain is an innovative solution to the scalability problem with the Ethereum blockchain, and other current blockchain platforms. TomoChain relies on a system of 150 masternodes with Proof of Stake Voting (POSV) consensus that can support near-zero fee, and 2-second transaction confirmation time. Security, stability and chain finality are guaranteed via novel techniques such as double validation, staking via smart-contracts and “true” randomization processes. TomoChain supports all EVM-compatible smart-contracts, protocols, and atomic cross-chain token transfers.

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