State Minister for Information Technology Zunaid Ahmed Palak has emphasized the importance of using blockchain technology as a new type of internet.
.The state minister was speaking at the closing ceremony of the International Blockchain Olympiad at ICT Tower in Agargaon on Sunday night.
Commerce Minister Tipu Munshi was the chief guest on the occasion.
.Tipu Munshi said that blockchain is a kind of database technology that is a necessity in daily life.
Zunaid Ahmed Palak said that blockchain technology is a new type of internet. It is making a huge difference in every case. This blockchain will be used today, tomorrow, or the day after tomorrow in every case of Fintech, Agritech, Healthtech, Edutech. So we have to embrace this technology. Opportunities must be seized.
He said blockchain would be used in the long run in the operating model of industrial transformation. Blockchain will be used to track the value, transfer ownership, and verify transactions, just as information is widely exchanged on the Internet.
Bangladesh Computer Council (BCC) Executive Director.NM Ziaul Alam, Senior Secretary, Department of Information Technology, Mohammad Kaikobad, Professor, BRAC University and Habibullah N Karim, CEO, Chairman of the Organizing Committee of the Olympiad also spoke on the occasion under the chairmanship of Md. Abdul Mannan.
Connected online, the President of the Hong Kong Blockchain Society. Lawrence Ma and David Siegel of the Blockchain Society. This time, the 10 winning teams in the two categories of bronze and silver in the Olympiad competition received a prize worth more than 40 thousand US dollars. The competition is jointly organized by the Department of Information Technology, Bangladesh Computer Council, Blockchain Olympiad Bangladesh, and Technohaven Company. This is the first time this event has been held in Bangladesh outside Hong Kong.
A total of 12 countries participated in the competition. The 3-day Olympiad started on October 8 with an opening ceremony and lasted till October 10. ..This year, among other events, a total of 4 seminars on CBDC and Cryptocurrency, e-Governance, Identity and Privacy, and Fintech were organized.
