(Dan Tri) - On the morning of November 10, in Ho Chi Minh City, the announcement ceremony of the economic project "One Mekong One Meal (OMOM)" by two Vietnamese doctors Vo Xuan Truong and Tran Cong Doan took place.

This initiative was initiated by Mr. Vo Xuan Truong, Founder of MEKOLOR Social Network and Dr. Tran Cong Doan, CEO of Nha Am Group.

The first step of the “OMOM” revolution is to focus on building a Digital Citizen platform, Digital Connecting Network, Digital Asset, Digital smart health Care and Digital Smart Contracts to form a Smart digital society network Platform.

This is the foundation for applying economic cooperation linkage operations for businesses  in  the Mekong region to become large economic groups in maximizing the power of the sharing economy and transparent distributed ledger technology Blockchain Smart Contract to implement linked value chains and share surplus values ​​​​equally among participating elements. Elements participating in building the MEAN value chain include the government, businesses, people, economic cooperation initiatives and regional resources.

Next, the “OMOM” Revolution will focus on promoting economic development, increasing income for people and businesses investing in each specific region and industry, focusing on the fields of culture, education, transportation, infrastructure, real estate, tourism, human resources, healthcare , finance, trade, agriculture, logistics, engineering, etc.

Dr. Tran Cong Doan introduces “One Mekong One Meal”

The initiative's financial resources   are about 100 billion USD through the mobilization of corporate bonds and counterpart capital from the World Bank; Asian Development Bank (ADB); regional and extra-regional organizations banking; regional and extra-regional economic organizations, regional and extra-regional investors, International Rivers; Mekong River Commission (MRC) and other non-governmental organizations. The operating platform of this bond will apply MEAL Blockchain technology. A private Blockchain protocol built for the initiative with improved processing speed, security, easy integration and easy integration to expand other projects.

Dr. Vo Xuan Truong, one of the founders of OMOM

MEAL (Meal) is an acronym for MEKONG ECONOMY AREA LEDGER (Mekong Economic Zone Ledger) when viewed from a regional perspective or My Ecosystem Asset Ledger (My Ecosystem Asset Ledger) when viewed from a personal perspective is a 3rd generation Blockchain. It is a basic, simple platform of Blockchain smart contracts (Smart Contract Blockchain) to digitize a series of cooperation agreements of value chains (The Value Chain Agreement) for the Mekong Economic Zone connection network. It includes the following areas: Leadership team, human resources, Logistics, transportation, agriculture, water resources, tariffs, etc.

Professor Chung Hoang Chuong also attended and shared about the project.

MEAL is considered a safe haven for financial investments in the value chain cooperation commitments of participating members in the bloc, and the commitments between MEAN (MEKONG ECONOMY AREA NETWORK).

MEAL is seen as an immutable public ledger of value creation of MEAN's internal & external commitments. The value of MEAL is a value mapping of the economic value of MEAN.

The “OMOM” revolution was chosen by the group as the first application area before expanding globally because of: The importance of the Mekong economic region, a special economic region formed along the meridian axis and having a geopolitical position as the center of major economies or economic cooperation models in the world; The diverse and rich resources of the Mekong and the countries along the Mekong such as population, minerals, aquatic products, landscapes, etc.;

The influence of Industry 4.0 such as IOT, Blockchain, cross-border social networks, cross-border e-commerce networks; Globalization and multilateral trends for cooperation models from civil, economic to political; The influence of the 2010 world economic crisis, the influence of the China-US trade war and the risk of the next world economic crisis; And the advantages of global economic cooperation models that Vietnam and countries in the Mekong region participate in such as Asian, APEC, WTO, CP-TPP, One Belt - One Road, AFTA..