Switzerland and Bangladesh based technology house SELISE has announced a partnership with Fantom Foundation, which supports one of the largest public blockchain networks in the world.

Attended by distinguished guests, the two organisations signed their official partnership in a ceremony held on 30th November in Dhaka.

Fantom uses distributed ledger technology (DLT) with their unique Lachesis asynchronous Byzantine Fault-Tolerant (aBFT). It draws on the Ethereum Virtual Machine (EVM) open source technology stack for dApp developers.

SELISE partnered with Fantom Foundation to initially tackle critical bottlenecks in the global financial services industry. By using Fantom's powerful network, SELISE aims to implement digital solutions in mobile payment, securities exchange, insurance, and banking.