Blockchain technology to be immensely popular in VN in 10 years

Vietnam Web Summit 2018 has been held lately in Ho Chi Minh City by TopDev, supported by the Vietnam E-commerce Association (VECOM).

Blockchain technology to be immensely popular in VN in 10 years

According to the representative of Infinity Blockchain Labs, until May 2018, there have been around 430,000 open-sourced projects as well as 800 international startups basing their work on the Blockchain platform. In particular, the finance – payment industry has earned approximately $20.3 billion in 2030 thanks to this technology.

Vietnam is said to have considerable potential in implementing the Blockchain technology even at the moment. In the next 10 years, it is predicted that the number of Vietnamese Blockchain users will reach 30 million, as stated by Terry O’Hearn, an Canadian expert of the field.

The event has attracted nearly 5,000 participants, including giant technological corporations like Google, Microsoft, Lenovo, Nielsen as well as other leading technological startups in Vietnam.

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