Vietnam sets blockchain vision for regional leadership [Video]

In its bid to become a regional leader in blockchain technology, Vietnam has unveiled its national strategy. This initiative signals the Southeast Asian country’s commitment to leading the region in blockchain application and development by 2030, with blockchain positioned as a core component in building robust digital infrastructure, fostering innovation, and ensuring data security.

On October 23, Vietnam’s Prime Minister Ho Duc Phoc issued Decision No. 1236/QD-TTg, emphasizing blockchain as a major driver of the Fourth Industrial Revolution. According to local reports, the country sees the technology “contributes significantly to building advanced digital infrastructure, ensuring data reliability and security, and contributing to creating a foundation for the development of the digital technology industry.”

The country’s move comes a month after its neighboring country, Indonesia, debuted in Chainalysis’ global crypto adoption index, climbing to third position and surpassing Vietnam. Vietnam currently ranks 5th in the index, with high scores in centralized service …