Enterprise intends to spend hundreds of millions of DOLLARS building blockchain network

HDBank and One Mount committed investment to Vietnam and network building blockchain Layer 1, one of the technologies to be strategic.

At the national forum on business and technology of Vietnam 15/1 in Hanoi, the Ministry of information and Communications announced eight business pioneers get the task master technology strategy for Vietnam. In it, One Mount and HDBank get the task master technology block chain (blockchain).

The move comes in the context of resolution 57 birth and stressed the importance of mastering science and technology, master the conversion of Vietnam. At the meeting last 12 months, The minister of information and Communications Nguyen Manh Hung also aims to communicate the business core for bigger projects about digital transformation, technology, strategy.

Share at the forum after receiving the mission, ms. Nguyen Thi Diu, General director of One Mount, said the company is committed to investing 200-500 million USD deploy blockchain network Layer 1 “make in Vietnam” and infrastructure construction chain block countries.

Layer 1 is considered to be the core of blockchain, such as Bitcoin, Ethereum, BNB Chain, built from the network node computers have the ability to verify, record the transaction on the ledger of the blockchain mechanism consensus. From the network Layer 1, the developer can build more Layer 2, helps increase the ability to communicate between the various components of the network, improvement of the processing speed or cost, and Layer 3 is the apps using blockchain.

Over time, some units in the country is also developing blockchain Layer 1 as the Aura Network, Tomochain (be Ninety Eight acquired and renamed Viction).

Represented One Mount said it would develop blockchain network Layer 1 with the criteria include: high speed, scalability, security, the mechanism of consensus. “The platform not only meet the needs of technology development block chain in the country, but also are ready to contact the international bridge with the blockchain network, public, globally,” she Soothes said.

Unit also expectations build blockchain network “make in Vietnam” can become the core foundation, support, operation, interactions, and related information between the type of network chain block, promote the development of application decentralized (DApps) in many areas such as finance, health, education, and public service.

At the forum, ms. Nguyen Thi Phuong Thao, executive Vice president, HDBank, said proposed acceptance and commitment investment for research and development to master blockchain technology.

She said've built an action plan for this goal, with three missions include: investing heavily in blockchain; cooperation with partners at home and abroad to improve the capacity, accelerate conversion speed number; create motivation by calling our employees, partners perform the same mission.

“This not only for business but also for the development of the country,” she said, assessing the blockchain will be a strategic technology of the economy number.

Representative HDBank, One Mount, and representatives from the business took on the task before the witness of General secretary To Lam and The minister of information and Communications Nguyen Manh Hung.

Ms. Nguyen Thi Phuong Thao, executive Vice president, HDBank, received the medal from secretary General To Lam

Over time, Vietnam has many policy decisions related to the development of the field of blockchain.

Months 10/2024, the national strategy for application and technology development chain of blocks (blockchain) to 2025, with orientations toward 2030 is issued. In which, Vietnam set a goal this year will set the foundation technology development chain block, including forming Infrastructure blockchain Vietnamese ensure security, safety information; support interoperability, integrated and shared between the chain block; support the management state of the application operation and development block chain.

To 2030, Vietnam given the goal of expanding Infrastructure blockchain, the country and is located in group, regional leader and the world of research, application and development of blockchain, envisages the construction of 20 brands blockchain reputation on the platform, products and services in the area; maintain operation for a minimum of three centre or the test of the block chain in the big city; at the same time are represented in the list of base 10 research and training chain block led the Asian region.

At the forum 15/1, secretary General To Lam reviews one of the weak points of Vietnam in the field of technology's capacity for research and development is also dependent on resources from abroad, limiting the ability to master technology. In addition, the technological level of business English “in general is still low, only participants at very modest in the global supply chain”.

He put out 7 key tasks with industry and business, in that the first task is effort, self-reliance, autonomy, technology and development, technology strategy, technology core, because this is the opportunity to build economic independence and self.

“To boost investment in research and development, especially the technology strategy,” the General secretary said, referring to technology, including AI, IoT, Big Data, Cloud Computing and Blockchain, mobile communication, space. “Focus on the mastery and application of scientific achievements, the advanced technology of the world to create the autonomy of technology, gradually raising the competitiveness,” he said.

Source: vnexpress.net