Blockchain

An overview of the workshop (Source: daibieunhandan.vn) Hanoi (VNA) – Representatives from some foreign embassies in Hanoi shared their respective countries’ experience in developing blockchain technology at a workshop held in Hanoi on August 5. The event was held by the National Assembly’s Committee for External Relations and the Vietnam Blockchain Association with the intention of learning from international experience to complete the legal system, build institutions and policies towards creating a legal corridor for technology-related activities Vice Chairman of the NA’s Committee for External Relations Nguyen Manh Tien highlighted the great benefits from the use of the blockchain technology, the enormous potential of the technology and its wide application in many fields. Acting Deputy Ambassador of the US to Vietnam Pamnella Devolder said the US’s policy encourages innovation and investment in blockchain. She noted that digital money is one of the most popular … [Read more...] about Countries share experience in developing blockchain technology

During the signing ceremony, permanent vice chairman of the VBA Phan Duc Trung said, "Through the launch of this Blockchain Bookshelf, the VBA and Alpha Books want to provide opportunities for professionals to speak out and share their knowledge." Officials from the National Innovation Centre who attended the ceremony highlighted their vision for the digital transformation of the country until 2030 and planned programmes for developing human resources in technology. The Blockchain Bookshelf launch signing ceremony The first book to be published on the new technology, NFT Revolution, will debunk any and all misunderstandings about it. It covers what NFT is, how it functions, what the consequences for the future of humanity are, and how to join this trend before it's too late. The second book in the Blockchain Bookshelf is The Metaverse and it is intended to introduce readers to a network of experiences, gadgets, tools, and infrastructure that transcends the idea … [Read more...] about The Blockchain Bookshelf: A future technological foundation

Deputy chairman of the Foreign Affairs Committee of the National Assembly Nguyen Manh Tien speaks at the seminar. — Photo tinnhanhchungkhoan.vn In the face of the explosive wave of global technology, with increasingly favourable policies and rising interest of businesses, the Vietnamese blockchain market is forecast to continue to develop positively. The Foreign Affairs Committee of the National Assembly in collaboration with the Viet Nam Blockchain Association held a seminar on international experience in blockchain technology development and recommendations for Viet Nam last week. The conference aims to learn and enhance experience, standardise solutions for the development and application of blockchain technology, towards perfecting the legal system, and building institutions and policies to create a legal corridor for technology-related activities. Phan Duc Trung, permanent vice president of Viet Nam Blockchain Association, said: "Blockchain technology is a kind of … [Read more...] about Creating a legal corridor for blockchain development in Viet Nam

According to data from Coin98 insights, the total value of funding rounds announced last week amounted to more than $1.5 billion. Lightspeed Venture Partners, a mid-sized global venture fund, has raised its largest fund dedicated to India and Southeast Asia at $500 million. These are two areas that are attracting the attention of investors with many outstanding projects and ideas. Many entrepreneurs would prefer strategic investment rather than a boat-load of cash straight up, Chi Cuong Vietnam, which is known as one of the five leading countries and a potential market for blockchain technology development, could benefit from this shift of investment capital. “The amount of capital invested in blockchain startups in Vietnam in the coming time could reach billions of dollars or more. A huge source of capital will come from Vietnamese investors because the young generation is very passionate about technology,” commented Johnny McCamley, CEO of crypto asset investing … [Read more...] about Blockchain projects preferring long-term partnerships

At the “International experience on blockchain technology development and recommendations for Vietnam” conference held last Friday, Michael R. DiGregorio, the Asia Foundation’s country representative in Vietnam, suggested that the Ministry of Information and Communications (MIC) should allow businesses to experimentally approach areas that are not clearly regulated by laws, such as blockchain. Legalities in way of blockchain progress, illustration photo The Asian Foundation is collaborating with Vietnam Blockchain Corporation and jupviec.vn to pilot the application of blockchain. After the blockchain platform is successfully integrated into jupviec.vn, the system will connect about 2,000 domestic helpers with potential customers through the website and mobile application. This creates favourable conditions for workers when looking for a job, helping to increase their ability to negotiate salaries and other benefits related to their work records and professional … [Read more...] about Legalities in way of blockchain progress

Blockchain technology underpins crypto and has been hailed as a world-changing innovation, but does it have any use beyond creating speculative financial instruments? Has blockchain found a use beyond crypto trading?, (photo:freepik.com) AFP asked crypto critic Stephen Diehl, author of recently published "Popping the Crypto Bubble", to run the rule over some of the most popular claims made for blockchain technology. - More secure voting? - As tension and confusion engulfed the United States after the 2020 election, Changpeng Zhao, billionaire founder of crypto firm Binance, had a suggestion. A "blockchain-based mobile voting app", he tweeted, would mean "we won't have to wait for results, or have any questions on its validity". Fellow crypto billionaire Vitalik Buterin replied that there were "significant challenges" but he thought it was "directionally 100 percent correct". So far, experiments have been very small scale. For Diehl, blockchain was more likely … [Read more...] about Has blockchain found a use beyond crypto trading?