Singapore –News Direct– MetaBank The Laotian government and blockchain experts held the first Ministerial Conference on Blockchain 4.0 Digital Transformation on May 26, 2023, at the National Convention Center in Vientiane, the capital of Laos. The conference, chaired by Laotian Prime Minister Sonexay Siphandone, was attended by leaders from the main economic departments. The meeting primarily discussed how to advance the digital transformation of Laos using digital technology, and for the first time, presented the theory of Blockchain 4.0 to the world, advocating for open collaboration and global co-construction, and boosting Laos’ potential to be a builder and beneficiary of the global digital world order through national digital operations. Prime Minister Sonexay Siphandone stated that in order to achieve the ninth five-year plan for national economic and social development, Laos must vigorously develop and utilize blockchain technology to digitize various government tasks and apply it extensively to administrative management and public services. The Laotian Minister of Technology, Boveingkham Vongdara, said that Laos faces opportunities and challenges brought about by Industry 4.0 and needs to use blockchain technology to transform production and service methods. To promote the digital transformation of Laos, the Ministry of Technology has signed a cooperation agreement […]
Laos Government to Promote Digital Transformation with Blockchain Technology
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