Laos Government Organizes Meeting on Blockchain 4.0 and Digital Economy Development

Coinspeaker
Laos Government Organizes Meeting on Blockchain 4.0 and Digital Economy Development
A conference organized by the Laotian government on May 26, 2023, brought together national blockchain and Web3 experts. The meeting’s goal was to discuss the implementation of blockchain 4.0 in Laos’ economic sectors.  The conference examined the digital potential of the nation and ways to apply digital technology to various sectors of the economy. According to reports, MetaBank and the government of Laos are working on a system to aid in the study and creation of the blockchain 4.0 initiative.
The Laotian government is actively pursuing the use of digital technology through Blockchain 4.0 in order to, among other things, raise the living standards of its citizens, strengthen its foreign exchange reserves, and create new sources of tax revenue. Prime Minister Sonexay Siphadone emphasized the benefits of implementing blockchain technology in a variety of administrative and public servic

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