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HomeInvestmentLaos government reportedly prioritizes blockchain technology for digital transformation By Cointelegraph

Laos government reportedly prioritizes blockchain technology for digital transformation By Cointelegraph



On May 26, the Laotian government reportedly hosted the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation in the country’s capital, Vientiane. The conference, which was led by Laotian Prime Minister Sonexay Siphandone, was attended by blockchain experts and various leaders from the main economic departments within the country.

According to a report from Singaporean software company MetaBank, the main focus of the meeting revolved around expediting Laos’ digital transformation by leveraging digital technology. Notably, it introduced the concept of Blockchain 4.0, emphasizing the significance of open collaboration and positioning Laos as a catalyst and beneficiary of the emerging global digital landscape.