BANGKOK, March 17, 2021 (Newswire.com) - Thailand-based ACEIS Electric and Power Co., Ltd., a subsidiary of ACEIS Capital Ltd., recently announced its intention to open dialogue with the Royal Government of Thailand where it is prepared to support the Thai government with a $5 billion USD investment to outfit 100 Smart cities throughout the Kingdom with a proprietary, digital backbone infrastructure, which is capable of enhancing Thailand's GDP exponentially.
In parallel to ACEIS's digital backbone, and with a strong focus on social and economic innovation, the ACEIS Electric business unit in Thailand is set to deliver the world's first 5G resilient platform. ACEIS's state-of-the-art digital infrastructure leverages one-of-a-kind digital technology that renders any unwanted intrusions useless.
According to ACEIS Chairman and CEO Salvador Ahumada, "At ACEIS, we call it 'algorithmic transparency.' Ultimately, governments will need to reconcile with the need to capture vast swaths of information from its citizens while juggling the issue of ethics around the governmental deployment of Big Data." Ahumada went on to say, "The bad news is, I predict that, in five years or so, all encryption technology to date will be compromised with the implementation of AI and quantum computing and no one will be immune to this reality. The good news is that we at ACEIS have the one-and-only solution to defend against this, be it eavesdropping, intrusive backdoors, ransomware attacks - all this goes away with our platform. Thailand stands to be in what perhaps could be the most unique and advanced technological postures imaginable."
ACEIS chose Thailand to be its flagship country for many reasons, but there were two that were most important: Thailand's understanding and commitment to regional stability and its regional/global strategic positioning under the government's "Thailand 4.0 vision."
About ACEIS Electric and Power Co., Ltd.
ACEIS Electric & Power is a high technology firm with far-reaching access to the latest Artificial Intelligence (AI), Quantum Computing and Smart City Solutions for industry and governments. For more information on ACEIS Electric and Power Co., Ltd, please visit the company's website at https://www.aceis-electric.com.
About ACEIS Capital Ltd.
ACEIS Capital is a regional-global capital and credit arranger for G-to-G, banks, and infrastructure projects, and a specialist for sovereign governments with unique public sector projects.
Source: ACEIS Electric and Power Co., Ltd.