Infinity Blockchain Labs: The International Hub for Blockchain Solutions
“The transformation of Vietnam into the Global Blockchain Hub." This is the motto behind Mr. Enomoto and Mr. Yamamoto founding Infinity Blockchain Labs (IBL), Vietnam’s blockchain ecosystem leader. As a global blockchain pioneer, IBL is committed to educating and inspiring through partnerships with top universities, and focuses on awareness programs throughout the country and region.
Transforming the Way Businesses run with Blockchain
Mr. Junya Yamamoto, General Director, IBL believes that blockchain technology is capable of transforming the way the world does business. IBL was founded back in 2015 due to the commitment and determination of the co-founders to capture the potentials of nascent blockchain technology.
The company develops solutions mainly on Fintech and Regtech (Regulatory Technology) to capture the next generation of blockchain - Blockchain 3.0--where blockchain technology can transform all major industries and engage major stakeholders including regulators, enterprises, and startups. RegTech Lab researches technologies, services, and products that can ensure blockchain solutions and operations are fully compliant and adhere to all regulations. The customized efforts ensure external groups and companies minimize legal risk while maximizing freedom.
The lack of mainstream applications and use cases is a common challenge to blockchain solution providers.
Infinity Blockchain Labs develops solutions mainly on Fintech and Regtech (Regulatory Technology) to capture the next generation of blockchain
Infinity Blockchain Labs aims to diversify their partnership as well as accelerate POC development and route to market, bringing life-changing and visual disruption of blockchain. The company also incubates early stage blockchain-based concepts, while empowering and enhancing such ideas or products continually through their development prowess.
Infinity Blockchain Labs’ vision reflects in all major activities of the company - from development, partnership expansion to community outreach. The company is working on Infinito - a blockchain-as-a-service platform and Blockpass - blockchain-based AML/KYC protocol. Both projects aim to introduce, consult and enhance enterprise-grade and implementation-ready solutions for their clients. These projects act as middleware between blockchain adopters and market-ready solutions or applications, allowing shorter route-to-market cycle and enhance market feasibility and product offerings.
Blockpass Lab is dedicated to researching and developing full compliance solutions that unite individuals, devices, objects, businesses and governments. Blockpass enables vendors, merchants and users to communicate, transact and get their identity verified through a one-stop-shop gateway. This helps to reduce friction, processing time as well as costs for the users. Infinity Blockchain Labs has offered Blockpass service to retailers and financial institutions in Hong Kong, Japan, and SE Asia and the service has solved several pain points of multiple industries and institutions.
Increasing the Footprint
The company is in the process of expanding their workforce exponentially in response to customers’ demands. “We are also exploring public and private blockchain to diversify our offerings to customers," adds Mr. Yamamoto. Moreover, Infinity Blockchain Labs aims to reach out to other markets in SE Asia. Together with their partners in Hong Kong, Japan and the UK the company is truly becoming an international hub for blockchain solutions.