Factom, the blockchain-based data management solution, is set to incorporate its technology with China’s electronic data notarisation service, Ancun Zhengxin. As part of this collaboration, Factom will provide advice and technical guidance for Ancun Zhengxin for its notarisation services strategy across China.
Ancun Zhengxin runs a number of notarial offices and a range of voice and internet services including email, documents, contracts, copyright, electronic government, medical data and instant messaging. They will be looking to implement blockchain technology to benefit from the secure and rapid methods of storing and transferring data.
Factom will be providing Ancun Zhengxin with an application interface to blockchain for its back office operations, in addition to building an application interface to integrate with Ancun Zhengxin’s existing software systems. These blockchain solutions will secure data history and timestamp Ancun Zhengxin’s notarisation service.
Bing He, responsible for the technology of Ancun Zhengxin, said: “We are focused on providing our customers with a one-stop shop Internet technology solution, to meet their electronic data storage and notarization needs. Through collaborating with Factom, we anticipate speeding up the process of providing blockchain technology-based solutions to our customers, while helping the industry move to the next level in technology, information integrity and data security.”
Jack Lu CTO of Factom commented: “We are honoured to have the opportunity to work with Ancun Zhengxin, They are a wonderful company that can guide us as we move ahead with our China strategy. Jointly we will build added security within online commerce and communication. This is an exciting opportunity, and we are looking forward to more collaborations in the future.”