According to a report published on the CMC website on May 2, in Vietnam, CMC Telecom and the American cloud service provider Akamai signed a joint agreement to provide security services for the blockchain-based trading platform.
Akamai is one of the largest global distributed computing platforms, with revenue in 2017 of more than $ 2.5 billion .
Both providers are going to provide support to BCNEX, which offers support services for startups based on the blockchain in Vietnam. According to the report, the goal of the partnership is to secure user data and prevent distributed denial of service (DDoS) attacks.
Co-founder and CEO of BCNEX, Ngo Hoang Quien, told the Vietnamese business news publication Biz Hub
Many trading floors around the world had to be closed due to the prevalence of hackers, including the incidence of DDoS attacks. Maintaining an efficient and stable system is the minimum requirement for an e-commerce platform in general and a trading platform in particular.
CMC Telecom and Akamai have been business partners since the beginning of 2015. Le An Wu, one of the directors of a Vietnamese company, said that the end users of BCNEX would benefit from higher speeds when using the trading platform.
Akamai previously participated in the implementation of such projects. In February, the Japanese financial group Mitsubishi UFJ announced a partnership with the United States network to launch a blockchain-based payment system in the first half of 2020.