Laos authorities reportedly prioritizes blockchain expertise for digital transformation

On Could 26, the Laotian authorities reportedly hosted the inaugural Ministerial Convention on Blockchain 4.0 Digital Transformation within the nation’s capital, Vientiane. The convention, which was led by Laotian Prime Minister Sonexay Siphandone, was attended by blockchain consultants and numerous leaders from the primary financial departments throughout the nation.

In accordance with a report from Singaporean software program firm MetaBank, the primary focus of the assembly revolved round expediting Laos’ digital transformation by leveraging digital expertise. Notably, it launched the idea of Blockchain 4.0, emphasizing the importance of open collaboration and positioning Laos as a catalyst and beneficiary of the rising international digital panorama.

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