Speaking at a blockchain conference called BUIDL VietNam 2022, experts he pointed that increasing awareness of this cutting-edge technology through regulatory frameworks, successful applications, and education would increase adoption.

Since blockchain technology is mostly explored in the area of ​​finance, experts pointed out that diversification was essential.

Nguyen Hoang Long, CTO of blockchain platform Aura Network, stated:

“While blockchain remains an unknown topic for many people, more and more will realize its real benefits and potential when there are more widespread successful applications of the technology.”

Long also proposed that universities should take on the role of educating students, even those in non-IT fields in decentralized systems, cryptocurrency, and blockchain because this would drive awareness. He added:

“Many Vietnamese companies, universities, and the government are researching and testing blockchain applications in many fields, such as traceability and customer loyalty systems.”

Vietnam has been among the top adopters of crypto in the world. Mai Duy Quang, a member of the Blockchain Association, noted:

“I think Vietnam has an opportunity to pioneer blockchain technology.”

On the other hand, Nicole Nguyen, ASEAN Vice President of the Global Impact Fintech Forum, stated that blockchain applications and programs needed to have more user-friendly interfaces to improve accessibility.

She added:

“The government should facilitate the development of blockchain programs and create regulatory frameworks for the technology. If the technology is officially recognized, more people will be more confident to invest in it.”

Meanwhile, the Vietnam Blockchain Association and cryptocurrency exchange Binance collaborated to enhance research and application of blockchain technology and human resource training in Vietnam. Blockchain.News informed.