Vietnam: Ho Chi Minh City encourages businesses to apply Blockchain technology for smart cities
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On November 8, Ho Chi Minh City High-Tech Park held the 6th annual International Conference in 2019 with the theme "Blockchain Technology for Smart Cities". With nearly 100 delegates who are scientists, experts, information technology enterprises ... at home and abroad.
Acting Head of Management Board of Ho Chi Minh City High-Tech Park Le Bich Loan said: The conference aims to provide the latest achievements in Blockchain technology research and development in the world as well as potential applications in Vietnam. Nam, especially supporting the construction of Ho Chi Minh City into a smart city based on the application of Blockchain technology.
The conference also strengthens cooperation between domestic and foreign researchers, promotes technology transfer from institutes and schools in this emerging field; helps connect leading experts with businesses, helping businesses access and deploy Blockchain technology in effective operation, organization, and business.
According to Ms. Vo Thi Trung Trinh, Deputy Director of the Department of Information and Communications, Blockchain technology has a very wide scope of application in building Ho Chi Minh City into a smart city.
That is the application of Blockchain in providing public services. Blockchain is a particularly effective tool in the deployment of interconnected public services between multiple authorities. The application of Blockchain helps avoid confusion or omission of records and documents and ensures transparency throughout the chain of records processing.
In addition, Blockchain application also brings the ability to automate a number of public services such as document extraction, electronic notarization, document re-issuance (marriage, registration ...) for citizens and enterprise (level 4 public service).
A simple but urgent example is that the city will soon build a commodity traceability system based on Blockchain technology according to international standards. This not only brings the prestige of the products of the city to the domestic and international markets but also is a measure of the actual state of the production processes in each specific production unit.
“Blockchain is not only a means to support production and business but also a tool to help change farming practices, towards international standards when our country integrates deeper with the world. “, Deputy Director of the City Department of Information and Communications emphasized.
In addition, Blockchain is also used in social development. That is, people only need an identification code to participate in any type of social service without making a declaration as before ...
Speaking at the conference, Ho Chi Minh City People's Committee Vice Chairman Tran Vinh Tuyen said: This is a scientific event consistent with the policy and scale of the High-Tech Park, the conference topic is very suitable for development. Smart urban development of the city. With the construction of a smart city, Ho Chi Minh City is always interested in the application of technology such as Artificial Intelligence, Blockchain technology ... After this conference, the city will research and deploy the application of Blockchain technology. .
Blockchain is a new technology field in just a decade, mainly applied in the fields of money, finance - banking. With the strong development of the industrial revolution 4.0, Blockchain is determined to be the core technology in applications for a smart city, because the application of this technology will help ensure operations. transparency, eliminate intermediaries, decentralize, create trust, increase security, ease of access, and save costs.
Not out of the inevitable development trend of the countries, over the past years, the Vietnamese Blockchain technology community in general and Ho Chi Minh City, in particular, have also initially researched and successfully applied Blockchain technology in a number of years. field, aiming at building smart cities.
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