The partnership is a collaboration between the world's leading science and technology company, Merck, and the Digital Trust Centre (DTC) at Nanyang Technological University (NTU) in Singapore. They will develop advanced technologies related to digital trust. Indeed, it has formed a Memorandum of Understanding for the creation of secure, automated, traceable, and efficient digital processes. The partnership will focus on developing world-class trust solutions that propel the digital transformation of Singaporean businesses, especially those in highly regulated industries. Collaboration between Merck and NTU will also strengthen the development of digital-physical ecosystems across value chains that promote trust.
“As quality control expectations grow, industries must build trust and compliance by moving from traditional methods to a more reliable digital framework. At Merck, we are committed to bringing our quality expertise and heritage to the digital space, providing the latest technology to immutably link the physical and digital worlds”, said James Kugler, Chief Digital Officer of Merck and CEO of EMD Digital. “We are excited to introduce our digital-physical trust technology to Singapore, the first in Asia Pacific. With this collaboration with DTC, Merck brings another innovative digital business technology to Singapore, further expanding Merck’s digital business within less than one year”.
”At NTU’s Digital Trust Centre, we are dedicated to advancing the frontiers of digital trust through cutting-edge research and innovation. This partnership with Merck aligns with our mission to develop scalable solutions that enhance trust in digital-physical ecosystems. By leveraging NTU’s expertise in trust technologies and computer science, and Merck’s pioneering technology, we aim to drive impactful solutions for industries that require the highest levels of security and transparency”, said Professor Lam Kwok Yan, NTU Singapore’s Associate Vice President (Strategy & Partnerships), and Executive Director, Digital Trust Centre.
The platform links physical and physical objects to digital identities, with the help of the Digital Trust Centre by combining cutting-edge, multi-patented technology of Merck with the research centre's expertise to have solutions deployed across some key industries. This approach promotes innovation, boosts efficiency, and builds long-term trust for the future by allowing stakeholders to manage and access critical data with confidence.
