Polkafoundry, Rikkeisoft, Sota tek and Ekoios join forces for the association of researching and developing blockchain projects in the PolkaFoundry ecosystem

Initiated by PolkaFoundry, Rikkeisoft, Sota Tek, and Ekoios and backed by 2,000 experienced developers, The Polkadot Blockchain Development Association (PBDA) will invest in researching and developing a large and high-quality developer resource specializing in building decentralized applications in the PolkaFoundry ecosystem.

HANOI, April 16, 2021 - Aiming to further research and blockchain development projects, PolkaFoundry (polkafoundry.com) opted to partner with Rikkeisoft, Sota Tek, and Ekoios to sign a memorandum of understanding (MOU) outlining the establishment of the Polkadot Blockchain Development Association (PBDA).

Mr. Truong Hong Thi, Founder & CEO of PolkaFoundry, Chairman of PBDA shared: “As a one-stop production hub for DeFi & NFT applications on Polkadot, we established PBDA with the mission of not only contributes to the growth of the Polkadot ecosystem but also wishes to support all other blockchain projects that wish to the involved in the Polkadot Network in the journey from building strategic planning, product development to implement in real life. PBDA will become a reliable place for first-rate Polkadot developers to assist new Polkadot projects to solve any obstacles in developing decentralized applications on the Polkadot ecosystem without any fuss.”

According to this MOU, all four companies will contribute both human and technical resources to find, train, and build a team of high-quality developers. The team will actively work as a part of the developer hub for new blockchain projects being created in the Polkadot ecosystem as a whole or in the PolkaFoundry platform specifically. PolkaFoundry, Rikkeisoft, Sota Tek, and Ekoios have agreed to form a team of at least 50 qualified developers (during Q2/2021), who will be trained by professionals and technical experts from each of the four companies.

From left to right: Mr. Do Dinh Dong - CEO @ Ekoios Technology, Mr. Phan The Dung - CEO @ Rikkeisoft, Mr. Truong Hong Thi - Founder & CEO @ PolkaFoundry, Mr. Luu Chung Tuyen - CEO @ Sota Tek

According to Mr. Luu Chung Tuyen, CEO of SotaTek, "Blockchain is a highly secure and applied technology. Before joining PBDA, SotaTek successfully implemented many projects for domestic and foreign customers, especially the cooperation with the Vietnamese government at the end of 2020. We hope that PBDA will be the launchpad for blockchain projects to thrive in the nearest future.”

Mr. Do Dinh Dong, CEO of Ekoios Technology, shared a similar perspective within his own company as he claims that, “as a pioneer company in the field of Blockchain, Ekoios has been developing a lot of blockchain products for customers", shared Mr. Do Dinh Dong, CEO of Ekoios Technology, “by joining the PBDA, we will work with other members of the association to dig deeper and further to make blockchain technology even more developed while simultaneously bringing Vietnam into a world-class blockchain development center.”

PBDA is supported by more than 2,000 professional and experienced developers who have already implemented various international technology projects. Therefore, it is established with the expectation of becoming a development center capable of incubating and building blockchain projects on Polkadot with ease and professionalism. Ultimately, it will serve to build not only the greater Polkadot ecosystem but also the diversity and sustainability of the PolkaFoundry platform.

Building on blockchain’s potential for long-term international success, Mr. Phan The Dung, CEO of Rikkeisoft, noted “this association is a combination of pioneering enterprises in research and development of blockchain technology. In particular, we have built many successful blockchain projects and achieved attention from the international communities.” Hence, he remains confident that PBDA will help “develop specialized human resources, making Vietnam the blockchain development center of the world, affirming our technology capacity in the international arena.”

About PolkaFoundry

PolkaFoundry is a platform for building borderless and frictionless DeFi & NFT dApps on Polkadot. It aims to be the one-stop production hub for DeFi & NFT dApps with all the necessary features, services, integrations, and tools for DeFi & NFT experiments, innovations, and real-world solutions. Taking advantage of the interoperability and scalability of Polkadot as well as integrating many DeFi-friendly services into the platform, PolkaFoundry also provides UX-enabling features that make dApps as easy to use as normal applications and bring dApps to the masses. Visit PolkaFoundry’s website at https://polkafoundry.com/ for more information.

About Rikkeisoft

Rikkeisoft is a Top Vietnamese IT company with thousands of employees. Pursuing the vision of becoming the No. 1 IT Company in APAC, the company’s annual growth rate of revenue and personnel has always been between 60% and 95%. Rikkeisoft is planning to hit the milestone of 10,000 employees by 2025, along with diversifying services, developing high-tech products and solutions, along with forming an IT-ecosystem. Rikkeisoft is constantly evolving, continually changing its formula for success to achieve the mission of Raising Vietnamese Value and becoming the trusted partner of customers around the world. To learn more, visit https://rikkeisoft.com/en

About Sota Tek

SotaTek is a part of Sota Holdings, a global Software Development as a Service (SDaaS), IT Outsourcing & Consulting group headquartered in Vietnam, which delivers sustainable Software Development, including Web/App/Game Development, Blockchain, AI & Machine Learning, ERP with cost-effective solutions.

During 6+ years of development, Sota Tek’s 500+ talent team has top-notch IT consultants and developers who share deep expertise to guarantee the best project outcomes for clients in various industries, such as Banking & Finance, Insurance, Automotive, Media & Entertainment, Retail & Consumer Goods, Healthcare, Education, etc.

Sota Tek has successfully provided full-cycle IT services to their client’s network from 21 nations worldwide, with 350+ projects, and are expanding rapidly. SotaTek stands for "State of the art Technology”, showing the passion and determination to provide the most hi-tech IT development services and satisfy any client’s business needs.

Sota Tek’s head office is in Hanoi, Vietnam and international offices are in Japan and the US.

About Ekoios

As a leading IT corporation, Ekoios is a team of experienced software engineers, who are highly capable of developing high-tech products for global clients from startups to Fortune 500. The so-called Silicon Valley of Vietnam has approximately 20 years of experience in providing IT services to some of the most well-known enterprises. The team now focuses on helping startups and enterprises harness the power of AI and Blockchain by universalizing high-tech products and bringing them into real business applications. Visit Ekoios’s website at https://ekoios.vn/ for more information.

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