ADB conference to bolster Bangladesh growth, service delivery

Source: Xinhua| 2019-09-29 19:28:25|Editor: xuxin
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DHAKA, Sept. 29 (Xinhua) -- An international conference on Blockchain technology in Dhaka Sunday called for harnessing Blockchain technology to further promote growth, inclusion, service delivery and smart governance in Bangladesh.

ADB's Bangladesh Resident Mission organized the event on Sept. 29-30 at Bangabandhu International Conference Center, also known as Bangladesh China Friendship Conference Center, in capital Dhaka.

Bangladeshi Minister of Finance AHM Mustafa Kamal, and Prime Minister's Advisor for Power, Energy and Mineral Resources Tawfiq-e-Elahi Chowdhury were chief guest and special guest respectively at the conference "Harnessing Blockchain Technology for Development".

"Blockchain is a cutting-edge high-level creative technology that can revolutionize many areas of modern life by improving transparency, accountability and efficiency in service delivery, governance, finance sector, industries, trade and other areas," Manmohan Parkash, country director of ADB Bangladesh Resident Mission, was quoted as saying in a statement.

"Through this international conference, we want to introduce the blockchain technology, inspire dialogues among stakeholders, identify areas where the technology can be used to unleash the growth potential of the country."

He further said, "The burgeoning IT industry, well-educated youths, vibrant private sector, as well as the government can immensely benefit by the early adoption of home-grown Blockchain technology solutions to resolve problems, create new startups and jobs, attract investments from technology companies, and develop world class business environment."

Experts from Australia, India, Sweden and the United States attended the event, along with policy makers, senior officials, private sector leaders and technology experts from Bangladesh. The international conference aims to unleash the potential of Bangladesh for Blockchain applications. It also provides a venue to conduct dialogues with government, private sectors and academia to introduce the blockchain technology, and to identify areas where the technology can be used to unleash the growth potential of the country.

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