PETALING JAYA: TM ONE, the business and public sector solutions arm of Telekom Malaysia Bhd (TM) (pic) and its wholly-owned subsidiary company, PT VADS Indonesia, recently inked an agreement with Korean company FNS Value Co Ltd (FNSV).
In a joint statement yesterday, the parties said the agreement was to appoint PT VADS as the sole distributor of FNSV’s Blockchain Secure Authentication (BSA) for the Indonesian market.
The signing ceremony was conducted virtually, with TM ONE executive vice-president and chief executive officer (CEO) Ahmad Taufek Omar, PT VADS CEO Saravanan Belusami and FNSV CEO Jeon Seung Ju representing their respective companies.
“We believe that BSA solution is the answer to security issues of digital transactions, and this is essential as all transactions are done digitally in the current business environment. By using BSA, consumers will no longer have to remember their passwords to perform transactions on any devices. The BSA will pave the way for more digital lifestyle and businesses, ” said Ahmad Taufek. ─ Bernama