Laos upholds needs for blockchain in country’s digital transformation

On May 26, 2023, Laotian government hosted the debut Ministerial Conference around Blockchain 4.0 Digital Transformation at Vientiane, Laos. The conference saw participation from Sonexay Siphandone, prime minister, Laos, along with blockchain experts and individuals belonging to the country’s economic departments, as stated by Cointelegraph.

According to Cointelegraph, MetaBank, a Singaporean software company, stated that the meeting aimed to explore Laos’ digital potential with regard to utilisation of digital technology. It’s believed that the introduction of Blockchain 4.0 topic was done. Reportedly, MetaBank and Laotian Ministry of Technology intends to develop a blockchain research and development platform to back Laos’ Blockchain 4.0 project.