‘Vietnam has some ideas that are ahead of the world in blockchain’
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‘Vietnam has some ideas that are ahead of the world in blockchain’

CTO Summit 2022 Forum, taking place on the afternoon of June 17 in Ho Chi Minh City.

Ms. Bui Thanh Van, Head of the Organizing Committee, gave the opening speech of CTO Summit 2022. Photo: Quynh Tran

According to Ms. Bui Thanh Van, Head of the Organizing Committee of CTO Summit 2022, blockchain can become the foundation of many platforms and can be applied to many areas of life.

Vietnam is ready to compete on the global blockchain playground

With a panoramic view of the market, Mr. Phan Duc Trung, Permanent Vice Chairman of Vietnam Blockchain Association, Chairman of Decom Holdings, Founder of the Blockchain Popularization Forum, said that if Vietnamese blockchain is placed in a global context,

'Vietnam has some ideas that are ahead of the world in blockchain'

Mr. Phan Duc Trung, Permanent Vice Chairman of Vietnam Blockchain Association, Chairman of Decom Holdings, Founder of Blockchain Universalization Forum.

According to Mr. Trung, blockchain existed long before Bitcoin was born, but the existence of this technology only really appeared briefly with cryptocurrency.

According to the Standing Vice President of Vietnam Blockchain Association, if we want to see how blockchain has been applied in life, we can see that even during the Covid-19 pandemic, this technology has made an important contribution to

Mr. Trung said that Vietnam is one of the bright spots in the global blockchain market.

Four outstanding applications of blockchain

Following Mr. Phan Duc Trung’s words about Vietnam’s position, Mr. Vu Anh Tu, CTO of FPT said that Vietnam is on the world map with extremely bright companies, becoming unicorns in this field.

Mr. Tu believes that blockchain is not only cryptocurrency but is also applied in many different fields.

'Vietnam has some ideas that are ahead of the world in blockchain'

Mr. Vu Anh Tu, CTO of FPT Group.

FPT technology director believes that blockchain has four major applications, bringing great meaning to life.

Mr. Tu also revealed that FPT is also using blockchain in many fields from banking to education and entertainment.

Practical applications of blockchain in education

According to Mr. Le Minh Tuan, co-founder and Chairman of SotaTek, education is an area where `it feels very difficult to apply blockchain`, but if you look clearly, there will be problems that can be applied.

'Vietnam has some ideas that are ahead of the world in blockchain'

Mr. Le Minh Tuan, co-founder and Chairman of SotaTek.

Second is matters related to intellectual property (IP).

Third is the reward point mechanism for students.

NFT will accompany the future of humanity

Continuing the story of blockchain applications in life, Mr. Pham Toan Thang, founder and CEO of the Heaven’s Gate project, member of the Executive Committee of the Vietnam Blockchain Association, shares his perspective on the potential of NFTs in the field of entertainment and art.

According to Mr. Thang, NFT can solve three painful problems of art.

'Vietnam has some ideas that are ahead of the world in blockchain'

Mr. Pham Toan Thang, founder and CEO of NFT Heaven’s Gate project, member of the Executive Committee of Vietnam Blockchain Association.

`Collecting copyright will reduce many copyright risks thanks to determining the copyright from the beginning. For example, many authors have died before becoming famous. Secondary owners benefit from the family’s benefits.

Sharing his perspective on the question of whether NFT is a future technology or a temporary trend, Mr. Thang cited two examples of the first human flute made of mammoth ivory 4,000 years ago and a piece of music from ago.

The key to solving the problem of human resource shortage

'Vietnam has some ideas that are ahead of the world in blockchain'

Mr. Kevin Tung Nguyen, Founder & CEO JobHopin.

From the perspective of a unit specializing in human resources recruitment, Mr. Kevin Tung Nguyen, Founder & CEO of JobHopin, said that Vietnam’s current human resources can only meet 15-20% of the actual market demand.

According to Mr. Kevin Tung Nguyen, the best way to solve the current and future thirst for human resources is for leading blockchain companies to work together with the world’s leading schools and experts to train human resources.

Mr. Kevin Tung Nguyen said that more and more investors come to Vietnam to learn how successful those who are in Vietnam and those who work abroad have returned to Vietnam.

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