The entity aiming to accelerate the adoption of blockchain technology and support cryptocurrency projects – the Vietnam Blockchain Union (VBU) – has reportedly seen the light of day. It was launched by the Vietnam Digital Communications Association (VDCA) in the capital Hanoi.
Enter VBU
Vietnam has been gradually emerging as one of South-East Asia’s cryptocurrency hubs. A recent coverage reads that the authorities introduced the Vietnam Blockchain Union (VBU) – an organization that connects tech companies with crypto’s underlying technology. It also provides consultancy to people and entities part of the digital asset ecosystem.
The newly formed unit was formed by the Vietnam Digital Communications Association (VDCA). Its President Nguyen Minh Hong believes blockchain technology and Artificial Intelligence (AI) are key factors in the fourth industrial revolution:
“With the ability to share information and data transparency in real-time, sustainability, and with high securit
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