Speaking at the event on blockchain technology and digital identification solutions, Chairman and CEO of Vietnam BlockchainDo Van Long said over the past several years, not only companies but also the governmenthave paid great attention to applying the Fourth Industrial Revolution (4.0) technologiesto support the development of digital identification and automation process.
He highlighted the technology as an innovativetrend that plays a crucial part in multi-industry and multi-sector digitaltransformation in Vietnam, particularly in the field of informationauthentication.
An expert from TAF, meanwhile, underscored benefits of usingblockchain solutions in addressing workers’ issues, citing blockchain-baseddigital identity verification system for domestic workers deployed byhome-cleaning service startup Jupviec.vn since 2019 as an example.
Blockchain is expected to be used in more areas, particularlyInternet of Things (IoT) security systems, thanks to its complex algorithm,high security and ability to improve transparency for users./.