Laos looks into blockchain, digital assets to boost digital economy


VIENTIANE: Laos is conducting a feasibility study on developing Lao national blockchain and digital assets to support the national digital economy vision, generate new government revenue, and cultivate expertise in connected data technology and digital assets.

According to a report of the Ministry of Technology and Communications on Tuesday (May 13), the ministry and its partner will jointly assess the feasibility of developing national blockchain infrastructure to support digital transformation across sectors, including a digital identity system, digital asset verification, and the establishment of a blockchain research and development center.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Thai fishing industry nears a standstill as Iran war pushes up fuel costs
Philippines suspends spot sales of electricity due to Middle East conflict
Myanmar's rebuild stutters year after deadly quake
Address root causes of Middle East conflict, Malaysia says at UNHCR meet
Cambodia court upholds 14-years jail for journalists over border photo
Boy, 7, is youngest professional rally car driver in China, starting race journey at age 1
K-idol Heeseung ‘a bit sorry’ after splitting from Enhypen
Visa-free travel, rising foreign visitors boost luxury hotel growth in China
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
Laos delivers emergency aid after over 2,000 households hit by rare hailstorm in Vientiane

Others Also Read