Phygital Labs unveils Nomion in quest to bridge real and digital worlds | News Direct

Phygital Labs unveils Nomion in quest to bridge real and digital worlds Phygital Labs, a visionary tech company, unveiled their flagship product, Nomion, which aims to drive Vietnam's digital economy forward by giving physical assets a digital identity.

News release by KISS PR Brand Story

facebook icon linkedin icon twitter icon pinterest icon email icon Ho Chi Minh City, Vietnam | October 19, 2023 02:00 PM Eastern Daylight Time

Phygital Labs, a visionary tech company, unveiled their flagship product, Nomion, which aims to drive Vietnam's digital economy forward by giving physical assets a digital identity.

Founded in 2023 by a group of tech talents returning from Silicon Valley, Phygital Labs is at the forefront of the shift toward integrating the physical and digital realms.

As the world marches towards a future where the lines between the physical and the digital are almost nonexistent—a phenomenon now referred to as “phygital”—the need to innovate for that future is essential.

Huy Nguyen (left), Julie Pham (middle) and Nam Do (right), Board of Directors of Phygital Labs.

Nomion is an innovative end-to-end solution that assigns digital identities to physical assets. Through a radio frequency identification (RFID) scan, Nomion can access the digital counterpart of any tangible product. This ensures authenticity and tracks ownership using blockchain technology.

Essentially, Nomion transforms everyday items into portals to the digital economy. Its widespread use could refine consumer-product interactions, optimize processes, and bolster user trust.

"Phygital is the bridge between the real and digital worlds, leading to the creation of a vibrant digital economy," commented Huy Nguyen, co-founder of Phygital Labs.

The story behind Nomion's name adds an extra layer of depth. Esperanto, the language from which “Nomiĉion” (means “Name Everything") is derived, was created with the aim of fostering world peace during times of conflict in the late 19th century. Just as Esperanto sought to bridge linguistic divides, Nomion aspires to unite the physical and digital worlds, unlocking the potential of both.

EXPANDING HORIZONS 

With its sights set beyond just launching Nomion, Phygital Labs envisions expanding its influence beyond Vietnam. The enterprise aims for widespread recognition throughout the nation, intending to establish a presence in the broader Southeast Asian region by 2025-2026, eventually targeting global reach.

Nam Do, Co-founder & CTO of Phygital Labs, recently shared insights on the company’s 2023-2028 roadmap.

Highlighting its earnest intentions, Phygital Labs has already forged notable alliances. Recent collaborations include UNESCO Vietnam, Non Nuoc Stone Craft Village in Ngu Hanh Son, Da Nang, and various provinces supporting OCOP (One Commune One Product) items. These associations emphasize the firm's commitment to fostering innovation while championing cultural heritage and economic growth.

Nam Do, Co-founder & CTO of Phygital Labs, talked about the company’s 2023 - 2028 roadmap.

During a recent MOU Signing Ceremony, Phygital Labs teamed up with the Vietnam Information Technology Association and The Department of Information and Communications of Da Nang City, emphasizing "Cooperation and promotion of digital transformation in Da Nang City."

MOU Signing Ceremony with three parties including the Vietnam Information Technology Association, The Department of Information and Communications of Da Nang City, and Phygital Labs on “Cooperation and promotion of digital transformation in Da Nang City”.

"Our strategic placement at this emerging market's vanguard positions us to bridge the real and digital worlds, fostering a transformative digital economy," Nguyen stated.

Envisioning a future enriched by its groundbreaking phygital solution—Nomion, Phygital Labs focuses on the promising horizon of Vietnam’s digital economy and the global tech landscape.

Media contact  

Name: Julie Pham

Email: media@phygilabs.io

Telegram: @JulPham

Release ID: 777417