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Binance CEO: “Think Your Own Strategy”

Present in Vietnam to participate in the seminar series “Innovation and Legal Compliance” and the event “Vietnam NFT Summit 2022 – Solutions for a New Era”, Binance Founder and CEO Changpeng Zhao (CZ) highly appreciated the role of the Vietnam Blockchain Association in the task of promoting the digital economy and national digital transformation.

He said that any business that wants to go far globally must first meet the legal requirements in the local countries. “We are working hard every day to work with regulators around the world to develop legal and regulatory frameworks for digital assets. If there is a clear legal system in this area, many who will benefit. Vietnam can be one of the pioneers in accessing new technology. I appreciate that you are one of the first countries to have a legitimate Blockchain Association”, CZ speak.

Binance CEO: Think of your own strategy - Photo 1.

Mr. Huy Nguyen, Vice President of Vietnam Blockchain Association, talks with CEO of Binance

According to the founder of Binance, Vietnam is a country with a curious culture, many young people have a deep understanding of blockchain technology and create good products. “The potential of the Vietnamese blockchain industry is enormous. You have many passionate and knowledgeable employees about technology. After interacting with the Vietnamese technology community, I see that you are very interested in innovation, many people are interested in new technology like blockchain. Vietnam is a potential market for Asia in the blockchain field,” said CZ.

However, when asked by Vice President of the Vietnam Blockchain Association Mr. Huy Nguyen for advice for young entrepreneurs in the field of technology startups, companies that are trying to do new things with blockchain, CZ did not respond. frankly shared “Don’t blindly follow Twitter advice or someone else’s strategy. Think of your own strategy, at your own risk. And start slowly. “

Besides sharing about the application of blockchain technology elements in different industries in practice, the CEO also wishes that the corporation will have the opportunity to exchange, exchange and disseminate knowledge, recruit employ human resources and build key personnel in terms of technology, skills, and law in the coming time in Vietnam.

Binance CEO: Think of your own strategy - Photo 2.

On the same day, the representative of Binance and the President of Vietnam Blockchain Association Mr. Hoang Van Huei had an official signing ceremony of the memorandum of understanding on cooperation in blockchain application research and blockchain human resource training between Binance Group. and Vietnam Blockchain Association. This is an activity to promote and realize 06 main goals of the Vietnam Blockchain Association, especially the goals, tasks and roles of expanding relationships with blockchain organizations and communities around the world; join international organizations for the purpose of strengthening cooperation and increasing exchange capacity between engineers and traders from other countries.

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