Govt to make national blockchain strategy to reduce cost, corruption

739

DHAKA, Dec 24, 2019 (BSS)-The government is going to make a national
strategy to use blockchain technology in different domains including
governance, banking and finance, agriculture, health and cyber security for
reducing cost, checking corruption and ensuring transparency.

The emergence of blockchain technology will open up window of
opportunities to build and utilize a system where every possible state and
interactions are verifiable by any authorized entities, speakers said at a
seminar here.

“Steps have been taken to make separate policy, strategy and guideline on
emerging technologies like blockchain, Artificial Intelligence (AI), robotics
to use its potential for economic development,” said State Minister for ICT
Zunaid Ahmed Palak.

He said the government is very much aware about the emergence of fourth
industrial revolution that would create both challenges and opportunities.

“We want to exploit fully the potential and opportunities of the fourth
industrial revolution through mitigating its challenges,” said Palak.

Executive Director of Bangladesh Computer Council (BCC) Parthapratim Deb
said the cutting-edge blockchain technology has already been incorporated in
training certificates rendered by BCC to present fraudulent practice.

The Leveraging ICT for Growth and Employment of the IT-ITES Industry
Project of BCC has already held two workshops as part of the government’s
move to make the national strategy on blockchain. It will hold more such
workshops and seminars to take opinion of experts, industry, academia and
government for strategy.

Managing Director of Techno Haven Habibullah Karim, Executive Director of
Economic Research Group (ERG) Dr Sazzad Zahir, Managing Director and CEO of
IPDC Finance Ltd Mominul Islam, Managing Director of The Computers Ltd
Khondkar Atique E Rabbani, Assistant Professor of Department of Computer
Science and Engineering (CSE) of Shahjalal Science and Technology University
(SUST) Md Sadek Ferdous, Managing Director of bdtask Sumch Muhammad Tarek,
among others, attended the workshop that was held at the LICT conference
room.

Dr Sazzad Zahir said a comprehensive research should be launched to
identify the domains where blockchain application can be used.

IT-ITES Policy Adviser of ICT Division Sami Ahmed who moderated the
function said a national strategy is needed on blockchain to use its
application potential in different domains such as governance, land,
agriculture, health, banking and finance, cyber security and so on.