Bridging the compliance gap: Uniting Europe and Asia in Web3

As Web3 grows, businesses face the challenge of integrating blockchain technology and AI while dealing with complex regulations. This is especially tough for companies operating across the EU and Asia, where regulatory approaches can differ considerably.

In Europe, compliance standards are strict, and enforcement is rigorous, creating high entry barriers. Countries like Germany, for example, have sturdy regulatory frameworks that demand precise compliance to regulations. The EU’s focus on General Data Protection Regulation (GDPR) and other sweeping directives means businesses need weighty investments in legal and technical resources to handle these rules carefully and safely.

Asia, on the other hand, offers a more varied regulatory scene. Many countries are strengthening their data protection laws inspired by the GDPR. Nations such as Vietnam, China, India, and South Korea have introduced or revitalized their cybersecurity and data protection policies. Similarly, Malaysia and Thailand are working on updating their laws to better address data breaches. While Japan and Singapore are known for their forward-thinking regulations, others are still developing their frameworks, thus creating a mixed regulatory environment across the region.

These differences present a big challenge for businesses wanting to operate in both areas. In Europe, the consistency and predictability of regulations suggest a clear compliance path. But, this can be costly and time-consuming. In contrast, the variability and changing nature of Asian regulations can extend more opportunities for swift progress, but, at the risk of regulatory uncertainty and inconsistency. This dual challenge asks for sophisticated regulatory strategies and compliance mechanisms tailored to each zone. Blending blockchain and AI must match local rules to avoid legal issues and seize new prospects.

In light of these regulatory complexities, we are excited to announce our strategic collaboration with VAR META. This alliance is a concerted effort to harmonize the integration of blockchain and AI technologies across these diverse regions, combining our strengths to create lasting, compliant solutions. Through our collaboration, clients will benefit from smoother regulatory processes, fewer compliance-related delays, and increased trust from end-users. Together, we strive to provide businesses with the means to innovate and grow confidently, delivering a superior user experience that combines compliance with next-generation technology.

Fоllоwing our inѕightful соnvеrѕаtiоnѕ with CEO, Nha Tran, and his team, we’re happy tо ѕhаrе Var-meta’s ѕtоry and vision for the future of Web3:

Can you share the story of Var-meta’s beginnings and what inspired its creation? Was there a moment that significantly shaped the company’s direction?
“Var-meta was founded by three high school friends who wanted to create something impactful together. Working in a services firm, we discovered that many companies aren’t set up in a way that allows engineers to expand over time, leading to dissatisfaction among both employees and clients. We focused on quality from the start, which encouraged our clients to return and advocate for us. There was never some big ‘aha’ moment; it’s the small decisions and choices we make every day. Our core values—reliability, excellence, innovation, and sustainability—guide us through tough times and help us make quick decisions. We aspire to build a company where people can thrive and make a significant contribution to their clients’ businesses and, ultimately, the world.”

What excites you most about technologies like blockchain, AI, and AR/VR? Is there a project that you’re particularly proud of?
“We witness many advancements happening every day that force us to constantly learn, develop, and experiment – which is the most exciting aspect of it all. Our company stands to gain greatly when it successfully applies these tools to solve genuine business challenges. One project that stands out is our work on the first Security Token Offering (STO) platform regulated by the Malaysian government.”

How do you balance advanced tech development with the practical needs of your global clients, especially with your diverse portfolio?
“Even though we work with cool tech, we often deal with everyday software issues. So, we train our team to have solid technical skills, keep learning and updating every day while having fun working on new projects. We also ensure that the process is there to assure the quality of our solutions.”

With our new collaboration between Var-meta and PixelPai, what are you looking forward to the most?
“The alliance between Var-meta and PixelPai holds great promise, particularly in combining our Web3 technology expertise with PixelPai’s compliance tools. I’m excited about creating solutions that help businesses follow legal rules while using blockchain technology. This will make it easier and safer for businesses to use new technology, leading to more opportunities and growth. Our clients will benefit from secure, user-friendly blockchain solutions that meet legal requirements. Together, we’ll help businesses confidently understand the Web3 landscape, allowing them to innovate and grow while staying compliant.”

What are some of the biggest trends you’re seeing in blockchain and AR/VR right now? What advice would you give companies that are new to this field?
“Blockchain is widely adopted to solve real-world problems. We see Real World Assets (RWA) being used more, even in Vietnam, where a big bank has come to us to explore more use cases of RWA.
For companies new to blockchain, AI, and AR/VR, start with clear goals and small pilot projects. Invest in team training and join forces with experienced professionals. Focus on creating user-friendly solutions and stay updated with the latest trends. Always follow legal and regulatory requirements to avoid issues.”

How do you see regulations like MiCA helping to bring the EU and Asia closer together in the Web3 space?
“Regulations like MiCA are key to aligning standards between the EU and Asia, providing a clear and secure framework for blockchain development. This makes cross-border operations smoother and attracts international investment, driving growth in the Web3 space.”