Being a little bit of a geek that I am, I do try to keep up with the ongoings in the tech world. These days I got somewhat interested in all things that’s related to big data, cryptocurrency trading as well as Internet security, and so, when I was invited to the grand launching of Ledgit.com, a Malaysian based company that is offering the means to use the blockchain technology in our daily lives, I immediately said yes to their invitation, and I was esctatic when the CEO of Ledgit, Mr.Ivan Ku agreed to an exclusive interview after their launching.
In the picture: The Grand Launching of Ledgit.com in D6 Offices Sentul, Kuala Lumpur on 7th July 2018.
In the picture: Mr.Ivan Ku, CEO of Ledgit addressing the guests and the members of the media during the grand opening of Ledgit in D6 Offices in Sentul, Kuala Lumpur.
From left: Yours truly and Mr.Ivan Ku, CEO of Ledgit.
Have you heard about the blockchain technology? Yes? No? Well, for those who are not familar with the term, blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions (Eg: Cryptocurrency as in Bitcoin, Ethereum, Monero, etc). The blockchain technology allows trading participants to keep track of the digital currency transactions without central recordkeeping.
According to Mr.Ivan Ku, Ledgit is stepping up to the game and is currently providing a blockchain platform that offers transparent provenance solutions for authentication and legacy heritage solutions with the integration of Smart Application Platform, Smart Contracts & Smart Reward System.
Ledgit functions and features two crucial aspects; Supply Chain and Cultural Heritage. The Blockchain-as-a-service (BaaS) will be offering better solutions for business and consumers in a secure way while aknowledging the importance of traditional culture and values.
Those who are running their own business(es) will be pleased to discover that the Provenence Blockchain that Ledgit is offering will allow suppliers, retailers, distributors and consumers to make their products and provenence not only more transparent, but much easier to trace and trustworthy with the integration between the blockchain technology ‘Smart Contract’ and a ‘Smart Application Platform’.
Apart from the Provenence Blockchain, Ledgit is also offering Legacy Heritage feature where it offers the users a more transparent knowledge and insight to their lineage as it allows users to record all the important data that they want to pass down from one generation to the next by integrating the Smart Application Platform. The data will be well preserved throughout the generations without the risk of it being destroyed throughout the years.
When asked about the security concerns of these data, Mr.Ivan Ku assured the users that unlike the conventional method of data storage and authentications, blockchain offers an unbreakable security system as each node (a computer connected to the network) gets a copy of the blockchain, which is downloaded automatically, making it almost impossible to be penetrated and compromised and it is currently most secure way to store data in the world.
Ledgit is scheduled to be participating in the Google Cloud Next ’18 event in San Francisco soon and when asked about the future direction of the company, Mr.Ivan Ku said Ledgit is highly passionate in utilising the blockchain technology to create better solutions for businesses and consumers while acknowledging the importance of traditional cultures and will put continuos efforts in making technology a lifelong human companion in the long run and is committed to make a breakthough on blockchain technology, especially in South East Asia.
The Ledgit apps is free to use and is downloadable from the Playstore HERE. For more information on Ledgit and the products/services that they are offering, please hop over to www.ledgit.com and check out their Facebook Page HERE.
Chat them up on Telegram HERE
And scan the QR code for quick official updates.