Vitalik Buterin said he encourages creating a level playing field for participation in new technologies, thereby forming a global ecosystem. Therefore, he also gave suggestions on promoting educational and training activities so that users and developers better understand technology, along with how to use it.
According to Mr. Dinh Le Tuan Anh – representative of the Vietnam Blockchain Alliance, Vietnam currently owns one of the largest Web3 developer communities in Southeast Asia with about 400,000 programmers.
Web3 (also known as Web 3.0 or decentralized web) is the next step in the development of applications on the Internet. This technology helps users have greater control over their data, instead of having to depend on developers.
This is an advantage and also an opportunity to bring Vietnam to a new level in the field of Web3 development. Vietnam can also become a source of Blockchain outsourcing human resources for many other countries.
Ecosystem of Vietnamese Blockchain projects according to Coin98 Insights’ Vietnam Crypto Market Report.
In Vietnam, there are currently many Blockchain projects operating, spanning many different fields. Vietnam also has more than 16.6 million people who have experienced digital currency.
In that context, experts advise that, to promote the development of the Blockchain industry, Vietnam should have an appropriate sandbox (testing) policy to promote Web3 startups, and at the same time, build early. Legal framework for virtual asset management.
Technology community sharing activities also need to be more open to bring Blockchain closer to the developer team. In addition, management agencies should also form blacklists and whitelists for Blockchain projects to limit fraud.
Vietnam Crypto market report conducted by Coin98 Insights shows that in 2023, the Blockchain field in Vietnam will thrive with the beginning of the formation of several large product ecosystems, capable of complementing each other. . Among the projects developed by Vietnamese people, there are many outstanding product ecosystems such as Axie Infinity and Ninety Eight.