"This is considered to be an official forum for regulatory agencies and policy makers with the goal of connecting directly with Blockchain Technology Application Development Units", said Mr. Nguyen Van Binh - Politburo member , Secretary of the Party Central Committee, Head of the Central Economic Commission confirmed as above at the opening speech of the Blockchain Forum 2018.
Overview of Blockchain Forum 2018.
In order to provide the most comprehensive view of the development of Blockchain technology in the world as well as in Vietnam, the Blockchain Forum 2018 organized by the Ministry of Science and Technology organized the VnExpress newspaper on the morning of June 14, 2018. At Hanoi. Representatives of Ministry of Justice, Ministry of Information and Communications, State Bank; Experts from many countries such as England, Malta, Singapore, Malaysia, Japan, ... attended the event. The forum is also an opportunity for businesses to apply Blockchain at home and abroad, state management agencies to exchange and find out the opportunities that Blockchain technology brings, as well as the challenges facing Blockchain technology.
Blockchain has a great impact on the economy
Blockchain is understood as "technology to store and transmit information and data by blocks linked together and expanded over time." With decentralized, transparent and high security characteristics, Blockchain is considered as a revolutionary technology, leading future changes, applicable to many industries and fields such as finance and banking. goods, retail, freight, telecommunications, medical ...
Developed strongly in the world in recent years, Blockchain technology has been mentioned continuously since the second half of 2017. Many countries like Singapore, Malta, Dubai have made "open" moves in Blockchain application as well as building. building legal corridors to catch up with this new technology. Meanwhile, governments in other countries approach Blockchain technology with a cautious attitude. In the development picture of Blockchain technology in the world, Vietnam continues to monitor and encourage the promotion of its advantages and at the same time, research and develop policies to adjust to the reality. to minimize potential risks.
Within 4 hours (from 8:00 am to 12:00 am), the forum included 3 main discussion sessions. The first session, entitled "Trends in global Blockchain technology development," discusses the context and the general development situation of Blockchain around the world, as well as how Blockchain is changing the world day by day. Following the theme of the first session, the second session went into depth analysis of the situation of Blockchain technology development in Vietnam, opportunities and challenges for businesses applying Blockchain. At the third session, the speakers made many proposals and recommendations to promote the development of Blockchain technology, emphasizing the role of state management agencies, in particular the Ministry of Science and Technology.
Mr. Nguyen Van Binh - Member of the Politburo, Secretary of the Party Central Committee, Head of the Central Economic Committee gave the opening speech.
Reviewing the industrial revolutions taking place in history, Mr. Nguyen Van Binh in the opening speech emphasized: The 4th industrial revolution is fundamentally changing the world production, changing mode of production and force of production. Along with the development of science and technology, the 4th Industrial Revolution has been happening very quickly, creating entirely new possibilities and profound implications for political systems, social, economic of global. Among the key technologies of the Fourth Industrial Revolution, Blockchain Technology (also known as Block Chain Technology) is one of the breakthrough technologies that is expected to lead the revolution. Industry 4.0 in the coming decades.
With the great potential of this technology, many countries around the world are now taking seriously, studying and promulgating guidelines and developing appropriate policies for the potential development of the public. Blockchain technology. For example, the governments of Sweden and Honduras have used this technology to handle land using rights; Estonia used in government database management; Isle of Man is also testing the use of blockchain in company registration; Dubai intends to apply this technology to operate the Government apparatus in 2020 ...
Not out of the trend, Vietnam needs to monitor to make legal policies to limit potential risks. Today's event organized by the Ministry of Science and Technology and VnExpress is evaluated as "the right time" with serious discussions, sharing experiences of international experts, opinions of enterprises. The forum is considered the first event in Vietnam with the participation of many partners, representatives of regional governments, founders, consultants, and Vietnamese businesses. This is an essential forum for policy makers to connect to discuss and make recommendations related to Blockchain in the near future.
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The speakers participated in the discussion at the Forum.
Continuing the speech, the Head of the Central Economic Committee hoped that the experts and managers participating in the program could share about Blockchain, point out the advantages of this technology and provide ideas. To make the most of this technology in Vietnam. He emphasized, "Open comments in this forum will be the basis for the Government and state agencies to make timely policies to develop Blockchain technology" and hope that "Blockchain Forum will be held annually so that everyone can learn and develop blockchain technology. ”
The Ministry of Science and Technology will deploy many activities to develop and apply Blockchain technology
Mr. Chu Ngoc Anh - Member of the Central Committee of the Party, Minister of Science and Technology speaks at the Forum.
Speaking at the Forum, Minister of Science and Technology Chu Ngoc Anh emphasized: This is one of the first forums in Vietnam about Blockchain and has attracted the attention and enthusiastic participation of many components, many opposites cooperation in Vietnam's socialist-oriented market economy and international integration, including representatives of a number of Vietnamese regulatory agencies; Government representatives of some countries have taken steps to prepare and successfully implement Blockchain technology in the socio-economic fields; founders of international Blockchain technology consulting and application companies; Vietnamese technology enterprises have a desire to participate in the field of Blockchain technology.
This is also considered as one of the official channels for regulators and policy makers with the goal of connecting directly Blockchain application development units, technology application enterprises with institutions. Management agencies to discuss and come up with proposals and recommendations to complete the legal framework for Blockchain technology, cryptocurrencies and digital assets in the near future.
From the Ministry of Science and Technology's side, in time to deploy related work to support the development of Blockchain technology applications in socio-economic fields, including:
Collaborate with relevant ministries and agencies in organizing research, building plans and roadmap for developing and applying Blockchain technology; researching experiences from other countries, advising the Party and the State to promulgate appropriate guidelines, policies and laws to promote and control Blockchain technology in Vietnam.
Support the development of Blockchain technology applications through national S&T programs, such as the S&T program on e-government; The fourth key national science and technology program on technology transfer is now completed by the Ministry of Science and Technology and submitted to the Prime Minister for consideration and approval.
Priority is given to supporting startups to implement projects with Blockchain technology application through the Project "Supporting national innovation and innovation start-up ecosystem to 2025" ./.
According to Forbes, Vietnam can become a new regional and global Blockchain technology application center, a destination for international technology investors and blockchain development partners based on the amount of big cryptocurrency transactions, a dynamic Blockchain technology development team. Therefore, a roadmap to implement solutions and create a favorable legal environment to manage and encourage technological development and prevent risks is an important requirement. In Vietnam today, a number of industries with high potential for Blockchain technology are financial-investment transactions, medical records management, food traceability ...
