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TOTM Technologies, Vietnam’s PILA sign MOU to develop ASEAN cross-border digital trust infrastructure

PUBT·08/16/2026 12:50:41
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TOTM Technologies, Vietnam’s PILA sign MOU to develop ASEAN cross-border digital trust infrastructure
  • TOTM Technologies signed an MOU with Vietnam’s PILA to develop cross-border digital trust infrastructure across ASEAN.
  • First project targets verifiable credentials for letters of credit between participating banks in Vietnam and Singapore, using IMDA’s TradeTrust framework.
  • Plan aims to speed document verification, cut manual checks, lower verification costs, while keeping existing L/C legal procedures unchanged.
  • PILA will run VC issuance and verification infrastructure in Vietnam via NDAKey; TOTM will integrate TradeTrust, providing technical and domain expertise.
  • Roadmap includes Digital Product Passports, with potential work on cross-border payment settlement infrastructure via regulatory engagement and sandboxes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Totm Technologies Ltd. published the original content used to generate this news brief on August 16, 2026, and is solely responsible for the information contained therein.