Illustrative image (Source: VNA)This is the first event in a series of the annual blockchainexhibitions intended to maximise conditions to facilitate the development ofthe industry in Vietnam.
It will be co-organised by the Saigon Innovation Hub(Sihub) under the Ho Chi Minh City Department of Science and Technology,Spac3Ship - a blockchain-focusedinvestment firm, and partners like Infinity Ventures Crypto and YGG SEA Vietnam.
Organisers said ample room remains for Vietnam’sblockchain, citing its application by major domestic businesses and banks likeFPT Software, Military Industry and Telecoms Group (Viettel), the Bank forInvestment and Development of Vietnam (BIDV), and the Joint Stock CommercialBank for Foreign Trade of Vietnam (Vietcombank), among others.
According to TechSci Research, a research basedmanagement consulting firm, Vietnam blockchain market is anticipated to grow ata double-digit compound annual growth rate (CAGR) for 2023-2027.
The growing digitalisation in all the prominentindustry verticals is fostering the demand for the Vietnam blockchain market inthe next five years, it said.
Huynh Kim Tuoc, Sihub Managing Director, said BlockchainGlobal Day 2022 will feature 100 booths introducing blockchain projects and twoseminars on the integration of blockchain into global technological trends likeWeb3, Metaverse and NFT.
The event is expected to bring together representativesfrom prestigious projects and experts in this field in Southeast Asia such as Binance,YGG SEA, Coin98, Vina Capital Ventures and Coinex./.
VNA
