Today, May 18, Vietnam Software and IT Services Association (VINASA) and Vietnam Blockchain Association held a press conference to announce the Vietnam Blockchain Summit 2023 (Vietnam Blockchain Summit 2023), which will take place on May 18. on October 12-13, 2023 in Ho Chi Minh City.

This is identified as an annual, national and international event, in the chain of large, prestigious, and attractive events of the world Blockchain community in order to locate the development trend of platforms and technology. Blockchain technology; recommending policies to approach, apply Blockchain technology and develop Blockchain human resources for Vietnam.

In 2022, right in the first year of being organized, Vietnam Blockchain Summit attracted more than 2,000 delegates, with more than 50 speakers, including nearly 150 international delegates from more than 30 economies – the world’s leading powerhouses. Blockchain technology in the region and in the world such as: UAE, Singapore, Malaysia, Taiwan – China, USA, Korea…

Vietnam Blockchain Summit 2022 gathered a large number of experts, leading blockchain technology names in the world and Vietnam at that time: Kyber Network, Gala Games, Sky Mavis, DFG, FTX, Binance, BNB Chain, Chainalysis, OKC …, with many activities including Conferences, Exhibitions showcasing Blockchain platforms, solutions, networking…

The conference program with 20 sessions on blockchain technology (Fireside chat) discusses these contents and trends, such as: Optimizing the power of Blockchain in enterprises; Blockchain application in management and administration to create new business models in emerging markets; Web3 Strategy; The Impact of Stablecoins and CBDCs on the Future of the Financial Industry; An overview of NFTs; DAOs; Creating Value in the Metaverse…

The program has created a great impression and reputation with local and international blockchain managers, businesses and communities.

Following the success of the previous year’s program, Vietnam Blockchain Summit 2023 will be held on October 12-13, 2023 in Ho Chi Minh City, is expected to attract over 2,500 delegates who are leaders of the Government, ministries, sectors, speakers, experts, leaders of big Blockchain companies, application businesses, agencies media and press in Vietnam and around the world, more than 80 speakers are experts, managers, leaders of organizations and businesses. The event will include big activities: Conference, Exhibition, Investment Connection, Training Workshop, Metaverse experience area…

Blockchain technology is still being considered by many countries as one of the important options for economic development. The global Blockchain technology market size will reach 5.92 billion USD in 2021, about 7.18 billion USD in 2022 and expected 163.83 billion USD in 2029 (Grand View Research Report).

Vietnam is being considered as a market with the highest level of Blockchain adoption, as well as the leading development of Blockchain technology. Currently, there are more than 10 Vietnamese innovative start-ups with a capitalization of over 100 million USD and “unicorn” start-ups in this field.

Among the Top 200 companies and businesses operating on blockchain technology in the world, there are 7 businesses founded by Vietnamese people. According to MarketsandMarkets, the blockchain-related market in Vietnam is expected to reach a value of nearly $2.5 billion by 2026, a fivefold increase in size compared to 2021.

Vietnam – the leading destination for Blockchain development and investment

Vietnam Blockchain Summit 2023 with the theme “Stay on the Path” continues to accompany the Government, agencies, ministries, sectors and businesses in continuing to orient, develop, and promote the application of blockchain technology in Vietnam, and at the same time make a mark on Vietnam’s Blockchain development, creating a destination for investors, Blockchain developers in the region and the world.

One of the key activities of this year is the in-depth exchange of technology applied in promoting and managing the state in the field of Blockchain as well as investment connection between startups and investors, investment funds towards innovations, Blockchain technology at layer 1, layer 2, has great application potential to promote the digital economy.

Dozens of prestigious investment funds, domestic and international Startup investors will be invited to participate. Besides, there are business matching programs (Business Matching) between domestic and international businesses to promote the development and dissemination of useful products and services. Connecting and cooperation activities are expected to be the highlight of the event, positioning Vietnam as an attractive destination for investment, development and application of Blockchain technology.

Mr. Phan Duc Trung, Vice President of Vietnam Blockchain Association shared at the press conference: “The first Vietnam Blockchain Summit 2022 has officially opened in Hanoi in 2022. This is also the first event with the conclusion of the event between 2 Associations of the Vietnamese technology industry, between the Association of Information Technology Software and Services and the Blockchain Association”.

Following this success, today, Vietnam Blockchain Association accompanies with Vinasa Association to hold a press conference to announce the launch of Vietnam Blockchain Summit 2023. This year’s event, Vietnam Blockchain Association will join with the Organizing Committee to promise. create connection points:

1. Create a cohesive ecosystem and promote technology transfer in the current strong community environment of Vietnam.

2. Initiate consulting programs, support strategic planning activities and connect capital sources for startups in the technology industry.

3. Completing the mechanism and legal framework for the Blockchain industry in Vietnam.

4. Expanding connections not only in the community in Vietnam but also towards multinational organizations and communities.

In particular, in order to exploit the strong ecosystem currently owned by Vinasa, we expect to promote the Regtech sector – a technology sub-sector that tracks developments in the finance – technology and business support industries comply with the regulations in this area. Currently, Regtech solutions leverage blockchain to improve KYC and AML processes. Digital asset miners can also use it to streamline the process of meeting AML compliance regulations.”

Technology – Blockchain promotes digital transformation

Digital transformation in Vietnam is going into reality. Many new technologies such as Big Data, Cloud, AI, VR/XR… are invested in research, development, and widely applied by enterprises to accelerate the digital transformation process.

Blockchain with enormous application potential is no exception. Despite many challenges, Blockchain is gradually being put into operation, practical applications in many fields such as finance, banking, transportation, logistics, health, education… outstanding features such as transparency, security, speed and cost.

Mr. Mai Duy Quang, Vice President of VINASA added: “VINASA and its member businesses set the mission of pioneering digital transformation. To speed up the digital transformation process. New technologies like Blockchain need to be developed.

The Blockchain technology market needs to be developed in the right direction, promoting positive strengths, promoting cooperation to quickly develop, contributing to the common development. Vietnam Blockchain Summit 2023 will create opportunities for businesses and communities to meet, share knowledge, promote cooperation and investment, and jointly create useful new products, creating breakthroughs for the future. development of digital government, digital economy and digital society in Vietnam.”

Blockchain Summit Vietnam is an environment for cooperation – promoting cooperation at many levels, opening up opportunities for good connections between businesses with the state or domestic enterprises with international organizations. At the same time, the Conference is also an environment for knowledge exchange and dissemination, promoting the development of Blockchain human resources in both quantity and quality ready to contribute to the development of the IT industry in particular and the Vietnamese economy generally speaking.

“In 2023, it is expected that there will be more positive changes not only in the market but also in technological innovations, tightening of legal policies so that blockchain soon becomes a fundamental technology that is applied in a practical way serving social life. In its operational orientation, the Vietnam Blockchain Association will soon promote the legal compliance of the industry and create opportunities and support development for businesses in the process of national digital transformation”, Mr. Phan Duc Trung emphasized.