Promoting blockchain applications is crucial in education: experts

Oct 31st at 08:18
31-10-2023 08:18:51+07:00

Promoting blockchain applications is crucial in education: experts

Hoàng Văn Huây, former deputy minister of Science and Technology and chairman of the Vietnam Blockchain Association, emphasised the importance of promoting blockchain applications in universities and educational institutes.

Hoàng Văn Huây, former deputy minister of Science and Technology and chairman of the VBA delivers a speech at the forum. — VNS Photo

Chairman Huây made the remarks at a conference on "Promoting Innovation and Risk Management in Blockchain Applications" organised by the Vietnam Blockchain Association (VBA) aimed at facilitating the adoption of blockchain technology and promoting blockchain education in universities and educational institutions.

The event took place as part of the Vietnam International Innovation Exhibition (VIIE) 2023, hosted by the Ministry of Planning and Investment (MPI) at the National Innovation Centre (NIC) in Hòa Lạc High-tech Park, 30km from Hà Nội on Monday.

Huây stated that the implementation of blockchain technology has proven beneficial and has yielded significant results in fostering innovation and supporting the fourth industrial revolution. He also highlighted the significance of blockchain education in bringing about a comprehensive shift in perception, contributing to Việt Nam's economic growth and rapid integration with the global economy.

Moreover, the conference also emphasised the importance of risk management in blockchain applications. It was stressed that state agencies, businesses, and individuals should take risk management seriously to ensure that the benefits of blockchain technology are realised while mitigating potential risks. By considering risks associated with investment and operating costs, stakeholders can ensure that the adoption of blockchain technology is worthwhile.

The conference aimed to promote the adoption of blockchain technology in various sectors while emphasising the importance of education and risk management to maximise its benefits and minimise associated risks.

At the conference, experts also discussed the role of blockchain in innovation, including both centralised and decentralised exchanges and applications. Additionally, the conference might have addressed the importance of regulatory technology (Regtech) in ensuring legal compliance for blockchain businesses.

Regarding educational content, the speakers highlighted the necessity of providing comprehensive training in blockchain technology. They discussed different training models and emphasised the quality of textbooks and teaching methodologies.

Another important aspect might have been the establishment of strong connections between schools, training facilities, and businesses to ensure that students receive high-quality training and improved employment prospects after completing their studies.

To further promote the blockchain application and training process, the VBA took a significant step by signing a Memorandum of Understanding (MOU) with various organisations. These organisations include the Anti-Counterfeit Foundation (AFC), Institute of Information and Communications Technology - Academy Military Engineering, Hub Network, Medoo Online Learning Platform, VietCan StartUp Foundation, and Edutek Learning Platform. By joining forces through the MOUs, these organisations aim to create synergies, share resources, and collectively drive the adoption of blockchain technology in Việt Nam.

The conference and the subsequent partnerships demonstrate a commitment to advancing blockchain technology, addressing educational needs, and driving innovation in Việt Nam's blockchain industry.

Việt Nam has made progress in innovation and has risen in the Global Innovation Index (GII) rankings. Being ranked 46th out of 132 countries in the GII 2023 report indicates that Việt Nam is making significant strides in fostering innovation. It's also noteworthy that Việt Nam is recognised as one of the seven middle-income countries that have shown the most progress in innovation over the past decade. This demonstrates the country's commitment to promoting socio-economic development through science and technology.

The Việt Nam Government's focus on modern technologies such as blockchain, artificial intelligence (AI), Internet of Things (IoT), and big data aligns with the priorities of the Fourth Industrial Revolution. Decision 2117/QD-TTg, issued by the Prime Minister on 16 December 2020, highlights the importance of research, development, and application of these technologies. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

​Vietnam's 2023 garment and textile exports likely to drop 5.0%-6.3%: official

Vietnam's textile and garment exports are expected to fall 5.0 percent to 6.3 percent to between US$40.5 billion and $41 billion this year on the continued weak...

Gaming industry potentially a billion-dollar market

Vietnam's gaming industry, having generated over $600 million in revenue in 2022, is rapidly positioning itself as a potent player in the Southeast Asian market...

​$264.4mn LNG terminal put into operation in southern Vietnam

The Thi Vai liquefied natural gas (LNG) terminal in Ba Ria-Vung Tau Province, southern Vietnam, with a storage of 180,000 cubic meters and a total investment of...

Dutch firm BESI to foray at SHTP in Ho Chi Minh City

BE Semiconductor Industries NV (BESI) from the Netherland envisions injecting nearly $5 million investment for first-phase advanced electronic component production...

Waffer and Boway eye new investments in Hai Duong

Waffer Group and Boway Group have expressed their intention to develop manufacturing facilities for vehicle parts and solar energy in the northern province of Hai...

Việt Nam a potential investment market for retailers

Việt Nam, with a population of nearly 100 million people, is considered a potential investment market for famous retailers around the world; therefore, many foreign...

NIC Hòa Lạc debuts, shaping the ecosystem of innovation in Việt Nam

Prime Minister Phạm Minh Chính inaugurated the National Innovation Center (NIC) at Hòa Lạc Hi-Tech Park in Hà Nội on Saturday and attended the opening of the...

Experts call for further measures to boost green hydrogen industry

Green hydrogen has emerged as a prominent solution in pursuing a "green future”.

NIC Hòa Lạc debuts, paving the way for breakthrough innovations

The second and highly-anticipated facility of the National Innovation Centre (NIC) was inaugurated on Saturday at Hòa Lạc Hi-Tech Park in Hà Nội, marking a...

Young people in ancient-style costumes attract foreigners’ interest in Hanoi

More than 100 young people donning Vietnamese traditional costumes in ancient styles gathered in a pedestrian area surrounding the iconic Ho Guom (Sword Lake) in...


MOST READ


Back To Top