Blockchain will be one of the technologies prioritized by the Ministry of Science and Technology

At the launch event of the Vietnam Blockchain Association, Deputy Minister of Science and Technology Tran Van Tung said that the agency is implementing a national key program for the period up to 2025 “Supporting research and development”. and technology application of Industry 4.0,” code KC-4.0/19-25, in which blockchain is one of the key technologies of Industry 4.0, is prioritized by this program.

“We wish the Vietnam Blockchain Association to coordinate and support the Ministry of Science and Technology and other relevant ministries in building and completing the legal corridor on research, development, testing of products, services and solutions based on blockchain technology.

We will review and complete the legal corridor of the science and technology industry to create favorable conditions for research, development and application of blockchain technology in Vietnam. In addition, the Ministry of Science and Technology will also consider and prioritize resources for research, development, and application of blockchain technology,” Tung shared.

According to Deputy Minister Tran Van TungAmong the TOP 200 companies and enterprises doing business based on blockchain technology in the world, there are 5-7 businesses founded by Vietnamese people. Currently, there are about 10 Vietnamese innovative startups in the Blockchain field with a market capitalization of over 100 million USD.

With the great potential of Blockchain technology, the number of businesses, scientists, and engineers pursuing research and application of blockchain technology is increasing, leading to an increasing demand for connection, sharing and support. strong. Therefore, the birth of the Vietnam Blockchain Technology Association, according to Mr. Tung, is necessary and very meaningful.

Are known, Blockchain Association Vietnam was established under Decision No. 343/QD-BNV approved by the Ministry of Home Affairs on April 27, 2022, becoming the first official legal entity to gather enthusiasts for technology research and application. blockchain throughout the territory of Vietnam.

The main focus of the association is the chain of action programs on blockchain application with the goal of promoting the digital economy, soon bringing Vietnam to international level in the digital economy through research and application of blockchain technology solutions in the field of digital economy. all aspects of economic life.

The Vietnam Blockchain Association will create an important milestone, marking the position of Vietnam on the world technology map. With the ability to share information transparently, sustainably and with high security, blockchain is one of the breakthrough technology trends, attracting the attention of many national governments, scientists and the business community.

The Vietnam Blockchain Association hopes to bring together businesses, organizations and individuals who are passionate about or are active in blockchain technology in Vietnam to share experiences and resources to promote research. , testing and applying blockchain technology to contribute to the successful implementation of national digital transformation and development of the digital economy in Vietnam.

Born on the occasion of the 8th anniversary of Vietnam Science and Technology Day (May 18, 2022), the Vietnam Blockchain Association is expected to be the next step forward in the domestic technology industry, actively contributing to The acceleration of the digital economy, thereby creating more achievements in the socio-economic development of Vietnam,” said Doctor of Science Hoang Van Hue, Chairman of the Vietnam Blockchain Association. /.