On November 30, 2023, in Hanoi, the Government Cipher Committee and the Vietnam Blockchain Association signed a Memorandum of Understanding on cooperation in research, proposing management policies, promoting the application and popularization of blockchain technology.
According to the Memorandum of Understanding (effective for 2 years from the date of signing), in the initial period, the two sides will focus on cooperation in implementing a number of main contents including: Research, propose, and advise on national policies on central bank digital currency; Research on the application of some new technologies of the fourth industrial revolution; Teaching and popularizing education on some new technologies such as blockchain, AI, etc.; Research and propose the development of documents, policies, and standards on the management of civil cryptography in new technology platforms.
At the signing ceremony, Major General Vu Ngoc Thiem, Head of the Government Cipher Committee, said that the Government Cipher Committee is actively approaching new blockchain technology in the direction of research and technology development, building a foundation for innovation and development of the Vietnamese Cipher sector, contributing to promoting socio-economic development and ensuring national security.
The Major General highly appreciated the Vietnam Blockchain Association as a non-profit professional social organization, an important and strategic partner, playing the role of a bridge between state agencies and the domestic and foreign community to support and promote research activities, develop blockchain technology and applications of national scale, contributing to positive changes in the 4.0 revolution that Vietnam is pursuing.
"It is recommended that both sides discuss the quarterly roadmap, determine what needs to be done regarding the legal basis, or identify specific applications that can be piloted," Major General Vu Ngoc Thiem recommended.
Vice President of Vietnam Blockchain Association Nguyen Doan Hung emphasized that the cooperation with the Government Cipher Committee is both an honor and a responsibility of Vietnam Blockchain Association in contributing intelligence, human resources, and technology to promote blockchain applications in the "backbone" fields of the country such as: Education and training, finance and banking, social security, population management, security, national defense, etc.
“With a wide range of cooperation from theoretical research to practical applications as well as proposals and promotion of the issuance of a suitable legal framework so that state agencies can gradually manage and promote the creation and development of new technology application products such as blockchain technology, big data, AI (artificial intelligence) and IoT (Internet of Things), we believe that the cooperation between the Government Cipher Committee and the Vietnam Blockchain Association will be a premise to contribute responsibly to significant changes in the current 4.0 revolution,” said Mr. Nguyen Doan Hung.
Mr. Nguyen Trong Khang, Chairman of MK Group, expressed his wish for early specific cooperation between the Vietnam Blockchain Association and the Government Cipher Committee to achieve clear results in a number of fields, especially cryptocurrencies and digital currencies.
Director of the Cryptography Academy Hoang Van Thuc hopes that after the cooperation agreement between the Government Cipher Committee and the Vietnam Blockchain Association takes effect, the Academy will be able to access domestic and international training and research institutions through the Vietnam Blockchain Association to participate in the process of training human resources for a number of high-tech fields; organize and research a number of large national conferences and seminars...
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