Keyword: "Basal Pay"

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☕ Afternoon briefing on August 27

☕ Afternoon briefing on August 27

The Party leader's meeting with generations of National Assembly deputies, Speaker of the New Zealand Parliament Gerry Brownlee's arrival in Hanoi for an official visit, and the removal of the state monopoly on gold bullion production are among news highlights on August 27.

Basal Pay addresses critical bottlenecks in foreign visitors’ transactions and enables direct conversion between crypto assets and fiat money within seconds. (Photo: baodanang.vn)

Vietnam approves first sandbox trial for crypto asset conversion project

Basal Pay, featuring a three-tier identification system, automatically transmits transaction data and stores records for five years, enhancing users’ efficiency while supporting regulatory oversight of risks. It is expected to become a model of how Vietnamese firms could master technology and adhere to international standards from earliest stages.