16 Feb 2021
TM One securing trust in digital transactions via blockchain technology for Indonesian market
- PT VADS Indonesia to become the sole distributor of FNSV Blockchain Secure Authentication (BSA) products and solutions for the Indonesian market.
- The strategic partnership affirms TM One's commitment and readiness to take the digital transformation of enterprise and public sector forward for Malaysia and Indonesia.
TM One, the enterprise and public sector business solutions arm of Telekom Malaysia Berhad (TM), together with PT VADS Indonesia, a wholly subsidiary company of TM ONE, recently inked a business agreement with FNS Value Co., Limited (FNSV) from Korea, to appoint PT VADS as the sole distributor of Blockchain Secure Authentication (BSA) solution for the Indonesian market.
The signing ceremony was conducted virtually and the documents were signed using TM One Digital Signature Solution (TMODS). It is a certified online signing platform, compliant to Malaysian Communications and Multimedia Commission (MCMC) Digital Signature Act 1997, making the document legally-binding and recognised by Malaysian court of law.
Signing on behalf TM One was Ahmad Taufek Omar, Executive Vice President and Chief Executive Officer of TM One and PT VADS was represented by Saravanan Belusami, Chief Executive Officer of PT VADS while FNSV was represented by JEON Seung Ju, its Chief Executive Officer.
Commenting on the partnership, Ahmad Taufek said, “This is a significant partnership for our subsidiary PT VADS as we further make our stamp in providing advanced managed security services to our customers in Indonesia. We believe that BSA solution is the answer to security issues of digital transactions. This is very essential as almost all transactions are done digitally in the current business environment and users are looking for more secured and advanced login method. By using BSA, consumers will no longer have to remember their passwords to perform transactions on any devices. It also solves other cybersecurity concerns such as credential attack and hijack. Currently, biometrics in most mobile apps only allow users to perform simple functions such as checking their account balance but not for transaction approval. This will definitely pave the way for more digital lifestyle and businesses.”
“With this agreement in place, we look forward to deliver more secured solutions not only to our customers in the Malaysian and Indonesian markets, but to other ASEAN markets as well. TM One will continue to innovate our solutions offerings to facilitate our customers’ digital needs in their digital transformation journey. This fits well into TM Group’s role as the enabler of Digital Malaysia’s aspirations,” he added.
Meanwhile, Mr. JEON Seung Ju, noted that, “We are excited to be working with TM One and PT VADS to bring the future of blockchain-based passwordless authentication to Indonesia.”
As one of the most disruptive technologies across industries, BSA is a passwordless authentication solution powered by blockchain verification technology that is impossible to penetrate. This will benefit all businesses and industries that require strong and trusted authentication services for web, mobile login and secure access for online-based transactions, especially for Internet of Things (IoT) and Smart Services. Registration of new students for private schools or universities, applying for bank loans and cash withdrawal from government agencies, amongst others, are made easier and secured with BSA solutions.
Through this agreement, TM One, PT VADS, and FNSV will work together in providing BSA solutions, to increase security, reduce operational cost and improve customer experience, for the Indonesian and Malaysian markets.
TM One was appointed as the sole distributor of FNSV’s BSA products and solutions for Malaysia and as the strategic partner for ASEAN region last year. FNSV offers the world’s first patented solution based on blockchain technology that does not require a password for authentication, simple to use, extremely secure and almost impenetrable solution that represents the next step in securing online businesses.
For more information about TM One’s BSA solutions, visit https://www.tmone.com.my
YOU MAY ALSO LIKE
TM ONE AND SARAWAK DIGITAL ECONOMY CORPORATION (SDEC) BERHAD EXTEND COLLABORATION TO SPUR STATE’S DIGITAL ECONOMY
KUALA LUMPUR & KUCHING, 26 DECEMBER 2024 – TM One, TM’s enterprise and government sector solutions arm, and Sarawak Digital Economy Corporation Berhad (SDEC) have announced the next phase in their strategic partnership to elevate Sarawak’s digital economy, digital society, and government services through enhanced connectivity. The parties recently exchanged a master service agreement to expand Sarawak’s digital infrastructure, aimed at enhancing connectivity and accelerating the adoption of advanced technologies and smart services in driving the state’s digital transformation. The collaboration aligns with the Sarawak Digital Economy Strategy and Post-COVID Development Strategy 2030. This collaboration includes TM One’s Metro-E solution, a flexible, secure, and high-performance bandwidth connectivity scalable to up to 10 Gbps. Its dedicated access for critical applications, proactive security monitoring and nationwide coverage addresses the service levels needed for enterprises and government agencies alike. Shazurawati Abd Karim, TM One’s Executive Vice President, said, “We are pleased to partner with SDEC in advancing Sarawak’s digital transformation. The Metro-E project will bolster Sarawak’s digital economy, fostering innovation, improving access to digital services and bridging the digital divide across locations. High-speed connectivity at these 81 sites is essential for the adoption of advanced technologies, improving customer experiences and operational efficiency. This collaboration solidifies TM One’s commitment to Sarawak’s sustainable long-term growth and digital aspirations, aligning with the state’s 2030 strategies.” The five-year project will also deliver high-speed internet connectivity to underserved and rural areas, supporting key sectors such as education, healthcare, and local businesses. This will facilitate cloud computing, telemedicine, online education, and a variety of other digital solutions, furthering Sarawak’s digital progress. The partnership reaffirms TM One and SDEC’s commitment to transform Sarawak, empowering local communities and businesses, as well as enhancing government services through digital technologies. This collaboration is another milestone in TM’s commitment to enabling Malaysia’s digital transformation and to lead industry growth through digitalisation and sustainability, a pivotal part in TM’s efforts towards becoming a Digital Powerhouse by 2030.
TM One securing trust in digital transactions via blockchain technology for Indonesian market
PT VADS Indonesia to become the sole distributor of FNSV Blockchain Secure Authentication (BSA) products and solutions for the Indonesian market. The strategic partnership affirms TM One's commitment and readiness to take the digital transformation of enterprise and public sector forward for Malaysia and Indonesia. TM One, the enterprise and public sector business solutions arm of Telekom Malaysia Berhad (TM), together with PT VADS Indonesia, a wholly subsidiary company of TM ONE, recently inked a business agreement with FNS Value Co., Limited (FNSV) from Korea, to appoint PT VADS as the sole distributor of Blockchain Secure Authentication (BSA) solution for the Indonesian market. The signing ceremony was conducted virtually and the documents were signed using TM One Digital Signature Solution (TMODS). It is a certified online signing platform, compliant to Malaysian Communications and Multimedia Commission (MCMC) Digital Signature Act 1997, making the document legally-binding and recognised by Malaysian court of law. Signing on behalf TM One was Ahmad Taufek Omar, Executive Vice President and Chief Executive Officer of TM One and PT VADS was represented by Saravanan Belusami, Chief Executive Officer of PT VADS while FNSV was represented by JEON Seung Ju, its Chief Executive Officer. Commenting on the partnership, Ahmad Taufek said, “This is a significant partnership for our subsidiary PT VADS as we further make our stamp in providing advanced managed security services to our customers in Indonesia. We believe that BSA solution is the answer to security issues of digital transactions. This is very essential as almost all transactions are done digitally in the current business environment and users are looking for more secured and advanced login method. By using BSA, consumers will no longer have to remember their passwords to perform transactions on any devices. It also solves other cybersecurity concerns such as credential attack and hijack. Currently, biometrics in most mobile apps only allow users to perform simple functions such as checking their account balance but not for transaction approval. This will definitely pave the way for more digital lifestyle and businesses.” “With this agreement in place, we look forward to deliver more secured solutions not only to our customers in the Malaysian and Indonesian markets, but to other ASEAN markets as well. TM One will continue to innovate our solutions offerings to facilitate our customers’ digital needs in their digital transformation journey. This fits well into TM Group’s role as the enabler of Digital Malaysia’s aspirations,” he added. Meanwhile, Mr. JEON Seung Ju, noted that, “We are excited to be working with TM One and PT VADS to bring the future of blockchain-based passwordless authentication to Indonesia.” As one of the most disruptive technologies across industries, BSA is a passwordless authentication solution powered by blockchain verification technology that is impossible to penetrate. This will benefit all businesses and industries that require strong and trusted authentication services for web, mobile login and secure access for online-based transactions, especially for Internet of Things (IoT) and Smart Services. Registration of new students for private schools or universities, applying for bank loans and cash withdrawal from government agencies, amongst others, are made easier and secured with BSA solutions. Through this agreement, TM One, PT VADS, and FNSV will work together in providing BSA solutions, to increase security, reduce operational cost and improve customer experience, for the Indonesian and Malaysian markets. TM One was appointed as the sole distributor of FNSV’s BSA products and solutions for Malaysia and as the strategic partner for ASEAN region last year. FNSV offers the world’s first patented solution based on blockchain technology that does not require a password for authentication, simple to use, extremely secure and almost impenetrable solution that represents the next step in securing online businesses. For more information about TM One’s BSA solutions, visit https://www.tmone.com.my
TM One Cloud Alpha ready to accelerate public sector digital transformation as MyDIGITAL's sole local cloud service provider
As the only home-grown Cloud Service Provider (CSP) appointed on the MyDIGITAL panel, TM via TM One will provide end-to-end solutions to support Government agencies' digital journey. TM One set to ensure a seamless journey for MyDIGITAL's Cloud Transformation Plan, leveraging on its comprehensive experience in Data Centre, Cloud, Cybersecurity and Connectivity Following the recent appointment of Telekom Malaysia Berhad (TM) as the sole Malaysian Cloud Service Provider (CSP) under the MyDIGITAL – Malaysia Digital Economy Blueprint (MyDIGITAL) together with the appointed Managed Service Provider (MSP), its enterprise and public sector business arm, TM One has announced its readiness to serve the public sector with its end-to-end cloud infrastructure and services, Cloud α (pronounced as Cloud Alpha). The announcement of the appointment was made by YAB Tan Sri Dato’ Sri Haji Muhyiddin Haji Mohd Yassin, Prime Minister of Malaysia at the virtual launch of MyDIGITAL on Friday. TM, via TM One, has its own state-of-the-art core Data Centres and Cloud infrastructure equipped with full data residency, locality and sovereignty in Malaysia. Commenting on the appointment, Ahmad Taufek Omar, Executive Vice President and Chief Executive Officer of TM One said, “We would like to congratulate the Government for this milestone MyDIGITAL blueprint. We are especially honoured to be only Malaysian-owned CSP appointed on its panel and thank the Government for entrusting us to play a significant role in its digital transformation journey, and for its confidence in TM’s cloud capabilities at par with the other global CSPs. We are well primed to accelerate the public sector digital transformation with our comprehensive suite of smart solutions covering connectivity, cloud, data centres and cybersecurity.” “Cloud is the technology foundation that will enable the Government to roll out new innovations, achieve cost efficiency and enhance its public service delivery to all Malaysians. We are committed to complement and enhance the Government’s existing cloud infrastructure with TM ONE Cloud α. It is ideally suited to provide the technology and services needed to realise the MyDIGITAL aspirations and propel our country towards a full-fledged Digital Nation by 2030 – and a more digital society, digital business and digital government. This is befitting TM Group’s unique role as the enabler of Digital Malaysia,” Ahmad Taufek added. Cloud α features a cloud management platform to manage multi-cloud deployments, thereby enabling integration with the Government’s own cloud infrastructure as well as other public cloud services. It also includes comprehensive Cloud Professional Services that ranges from cloud design planning, migration assessment as well as other advisory and consulting services to facilitate customers’ cloud adoption journey. Today, TM ONE has established itself as a leading end-to-end cloud and data centre service provider serving public sector and enterprise customers. It currently has seven (7) data centres with four (4) of them certified by the Uptime Institute as Tier III that provide world class Cloud services, Artificial Intelligence (AI) and advanced cybersecurity. In addition, TM ONE through CYDEC – its cybersecurity solution helps Malaysian enterprises and public sector institutions build digital trust and cybersecurity resilience, by managing five (5) key areas of risk – cybersecurity, compliance, privacy, ethics and social responsibility. These managed security services ensure access to real-time, continuous, predictive cybersecurity, quickly and without complexity, for added assurance. For further information on TM ONE end-to-end digital solutions, visit www.tmone.com.my
NEWSLETTER
Just drop your details and stay updated with the world of Telekom Malaysia. We promise – no spam!