Vietnam Blockchain Summit to run in June

A press conference took place in Hanoi on May 28 to introduce the Vietnam Blockchain Summit, themed “from technology to policy”, which was slated for June 8
Vietnam Blockchain Summit to run in June ảnh 1Scene at the press conference on the upcoming Vietnam Blockchain Summit (Photo: VNA)

Hanoi (VNA) – A press conferencetook place in Hanoi on May 28 to introduce the Vietnam Blockchain Summit,themed “from technology to policy”, which was slated for June 8.

Nguyen Huu Tuan from the Ministry ofIndustry and Trade’s department of e-commerce and digital economy saidalongside automation, artificial intelligence, and Internet of Things,blockchain technology will contribute significantly to the building of adigital economy and the 4.0 industrial revolution.

He said the technology has drawn interestfrom public agencies and businesses in recent years, as it helps improve the qualityof logistics and origin tracing, and implement e-governance services.

Nguyen Thanh Hung, Chairman of the VietnamE-commerce Association (VECOM), stressed the summit aims at discussingblockchain-related policy, research and application within a strategy for thedevelopment of a digital economy.

According to him, following discussions onblockchain application in logistics and origin tracing of farm produce,building a legal framework and policy around the technology will be tabled.

The Vietnam Blockchain Summit is thebiggest annual forum on legal and policy building for blockchain technology.

Vietnam is now one of the fastest-growingeconomies, fuelled by growing young population with a high rate of smart phoneusage and large batches of IT graduates each year. In Southeast Asia, Vietnamhas been dubbed “the Blockchain country to watch” thanks to the country’shigh-tech literacy and abundant engineering resources.-VNA
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