The way for Vietnamese blockchain to develop sustainably

“Vietnam ranks in the top 10 of Binance’s markets across many product lines. Many projects built by Vietnamese people have become global icons in a number of fields. Blockchain is making Vietnam a leader in new technology,” said Lynn Hoang, Head of Binance Southeast Asia, during the Vietnam Blockchain Expoverse event in Dubai on March 27.

According to Ms. Nguyen Dung, an expert in research and development of innovation ecosystems under the Ministry of Planning and Investment, Vietnam is a bright spot on the world blockchain map. To take advantage of the opportunities technology brings, the government always accompanies businesses and the blockchain community to contribute to bringing technology to life, creating sustainable values.

Dung affirmed that the government always prioritizes the development of new technologies, identifying technology as one of the spearheads of economic development in the future. “Vietnam has been hosting Blockchain Week since 2018. Looking at the large number of engineers participating in one of the world’s largest blockchain events, I believe the resources to develop this technology are in Vietnam has a lot of potential,” she said.

The expert of the Ministry of Planning and Investment also emphasized: “The government is not delaying the access and application of blockchain, but is looking for ways to accelerate the application and innovation of technology”. However, it takes time to train human resources and create new policies.

Looking from the leading countries in blockchain, Mr. Tran Dang Hoa, Chairman of FPT Japan, said that with the decentralized and distributed nature of blockchain, if the country’s legal corridor is not wide enough, the bleeding inevitable gray matter. “Blockchain is not only well received by the state, businesses but also by non-technological users such as artists, big brands… It shows the rapid development of technology and us. need to develop to adapt to that speed,” noted the FPT representative.

Also from her experience in international markets, Ms. Lynn Hoang said that in order for the Vietnamese blockchain industry to continue to hold its position and develop sustainably in the future, it needs coordination from both the technology community, businesses and industry. management agency.

“Technology development is important, but disseminating knowledge to the community so that people can protect themselves against new areas of high risk is even more important. Besides working to support system development Vietnamese blockchain ecosystem, Binance is also interested in improving the community’s understanding. We have localized at least 300 blockchain lessons from basic to advanced level, open for free,” said Ms. Lynn Hoang. know.

According to experts, for Vietnamese technology to develop sustainably, people are one of the most important preparations.

“Compared to the speed of project development, the number of good blockchain engineers in Vietnam is still modest. The optimistic point is that more and more technology talents around the world are returning to Vietnam to build the blockchain industry. Hopefully in the future, when it comes to Vietnam, the community will not only mention quality projects but also a rich and sustainable ecosystem,” said a representative of Binance.

Khuong Nha