The crucial blockchain for digital IDs

VIETNAM, April 2 –

Using blockchain for digital IDs can facilitate the development of e-government, according to a conference in HCM City. — Photo VNA/VNS

HCM CITY – Blockchain can play an important role in facilitating digital IDs, improving online public services and corporate employment practices, a conference heard at HCM City.

Việt Nam has focused on the research and application of blockchain, a form of data storage and transmission technology using encryption.

Due to its transparency in data sharing, high privacy and reliability, blockchain is used in many industries such as finance, logistics and retail.

Đỗ Văn Long, Chairman of the Board and Managing Director of Việt Nam Blockchain JSC, said that in recent years, the government has focused on promoting the use of 4.0 technologies for digital identification.

“Blockchain is crucial for digital transformation in many industries in Việt Nam, especially for information verification.”

“Digital IDs provide information to verify a person in an online environment and simplify the interaction between people, businesses and government. This can be beneficial for e-government services and e-government development.

Filip Graovac, the Asia Foundation’s deputy country representative for Việt Nam, said a personal ID is crucial for societies and economies.

“People are becoming more and more mobile and businesses are increasingly dependent on freelancers. Decentralized digital credentials can provide access to proof of identity, abilities, skills and other credentials while overcoming issues such as data loss or false identification,” he said. .

“Digital IDs will bring big changes, so we need to be careful not to let them be misused for violations of personal identification regulations.”

According to other experts present at the conference, infrastructure security is crucial for this system. Users should be able to control their digital IDs and know when and why they are shared.

The conference was organized by Việt Nam Blockchain JSC, The Asia Foundation Việt Nam and HCM City Information Security Service Company. —VNS

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