{"id":1587,"date":"2024-10-24T08:02:16","date_gmt":"2024-10-24T08:02:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1587"},"modified":"2024-10-24T08:02:16","modified_gmt":"2024-10-24T08:02:16","slug":"vietnam-unveils-blockchain-plan-20-new-brands-and-national-network-in-the-works","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1587","title":{"rendered":"Vietnam Unveils Blockchain Plan: 20 New Brands And National Network In The Works"},"content":{"rendered":"
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Vietnam has taken a significant step towards advancing its blockchain ecosystem by releasing its National Blockchain Strategy.<\/p>\n

The strategy, announced<\/a> by the Ministry of Information and Communications (MIC) on October 23, outlines a roadmap for the country\u2019s development of a decentralized network and aims to position<\/a> Vietnam as a \u201cregional leader\u201d in the sector.<\/p>\n

The strategy aligns with the goals of the Fourth Industrial Revolution, a global initiative to integrate major technologies into economies.<\/p>\n

Legal Frameworks And Digital Asset Recognition<\/h2>\n

As disclosed in the report published earlier today, the strategy by Vietnam lays out five core focus areas overseen by government agencies, including the MIC and the Vietnam Blockchain Association.<\/p>\n

These areas include \u201cperfecting the legal environment<\/a>, building infrastructure, promoting innovation, and advancing international cooperation.\u201d<\/p>\n

One of the standout objectives is the creation of a comprehensive decentralized network industrial ecosystem, which will be supported by national initiatives to build decentralized network platforms, products, and services.<\/p>\n

According to the report, Vietnam\u2019s government aims to establish 20 key blockchain brands and at least three blockchain testing centers across major cities<\/a> to enhance decentralized network research, development, and application.<\/p>\n

Another crucial aspect of Vietnam\u2019s Strategy is its focus on establishing a legal framework that recognizes digital assets.<\/p>\n

As blockchain technology becomes more integral to finance, supply chains, and logistics, regulatory clarity<\/a> is necessary to ensure the smooth development of decentralized network applications.<\/p>\n

The strategy emphasizes the importance of legal recognition of digital assets to address issues such as money laundering, terrorist financing, and the financing of weapons proliferation.<\/p>\n

In addition to the legal framework, the strategy highlights the importance of fostering innovation and international cooperation<\/a> in the industry.<\/p>\n

Vietnam plans to collaborate with other countries to advance decentralized network research and development, creating opportunities for cross-border cooperation in the sector.<\/p>\n

Building a National Blockchain Network<\/h2>\n

Another key element of the strategy is establishing a national blockchain network. Vietnam aims to create at least three testing centers in major cities to facilitate decentralized network development and application.<\/p>\n

These centers will serve as research, innovation, and security hubs, providing the infrastructure necessary to drive blockchain adoption in various industries.<\/p>\n

The testing centers will also play a critical role in ensuring the security and reliability of blockchain applications, promoting confidence in the technology among businesses and consumers alike.<\/p>\n

\"<\/p>\n

Featured image created with DALL-E, Chart from TradingView<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Vietnam has taken a significant step towards advancing its blockchain ecosystem by releasing its National Blockchain Strategy. The strategy, announced by the Ministry of Information and Communications (MIC) on October 23, outlines a roadmap for the country\u2019s development of a decentralized network and aims to position Vietnam as a \u201cregional leader\u201d in the sector. The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1587","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1587"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1587\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}