Bangladesh and Cryptocurrency

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2 years ago

The publication recognizes the crucial importance of emerging technologies such as blockchain, providing that:

With the advent of multiple emerging technologies, we are on the verge of an information-driven Fourth Industrial Revolution (4IR). This revolution exposes new challenges as well as exciting opportunities. Only the countries with expertise in these emerging technologies can successfully meet the challenges and exploit the opportunities. Blockchain technology is widely regarded as one of the cores and foundational technologies that will be one of the driving forces for the upcoming 4IR. Realizing its potential, many developed, as well as developing countries around the world, have started exploring how blockchain technology can prepare them for future challenges and benefit them to solve many existing complex problems to achieve the Sustainable Development Goals (SDGs) by 2030. This strategy is an effort from the Government of Bangladesh that recognizes the need to explore blockchain technology in order to advance its technical capacity, increase efficiency in e-Governances, and foster innovations. Here, we would like to highlight our extraordinary ambition: to guide Bangladesh into a blockchain-enabled nation. With this vision in mind, this document explores different aspects of this vision with a particular focus on formulating the strategies and different long, mid, and short-term goals to achieve this vision.

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