General blockchain landscape in Vietnam

Nicole Nguyen

HCMC March 2018

Outline

Blockchain basic

Concept,

components,

features

Vietnam landscape

Nascent Blockchain

adoption in Vietnam

Future Outlook

What does the future

hold?

Background

How BC is shaping

in the world

Perspective

Challenges vs.

Opportunities

By interface there is no major difference between a blockchain-

based product vs. a mainstream product *except for exchange app

Here is the Myth!

The Magic is taking place behind the curtain!

Infographic slide

Blockchain is a Peer-to-Peer

database empowered by

cryptography and decentralized

network for unprecedented:

Shared Ledger

Consensus

mechanism

Network

Cryptography

Trans-

parency Security Cost

efficiency

Global network

with almost zero

downtime

LEARN MORE

Why is Blockchain an emerging technology?

LEARN MORE LEARN MORE LEARN MORE

P2P transaction and micro-

incentivization

Transparency &

immutability

Security &

Privacy

20+ app categories and many more industries are about to be disrupted...

Blockchain adoption by number

69%

BANKS IN THE WORLD

are now experimenting

with blockchain

70

times

MARKET VALUE INCREASE

between 2016 - 2024

12 bil

USD

OPERATIONAL COST

can be saved by

blockchain for banks

66%

BANKS EXPERIMENTING

BLOCKCHAIN

will go for commercial

products at mass scale

in the next 4 years

Sources: TechinAsia, PRnewswire, Reuters, IBM

A leader-less crowdfunding platform worth of

160 million USD that facilitates autonomous

voting and funding for startup projects based

on smart contracts and blockchain.

Provenance tracking & verification application

for diamonds, combating fake & “blood”

diamond. Extendable to luxury goods and

artworks.

Steemit is a social media platform where

everyone gets paid for creating and curating

content. It leverages a robust digital points

system (Steem) for digital rewards.

A marketplace conducts fund-raising, settles

solar equipment lease, and then manages the

revenue collection and distribution between

solar energy investor and consumer.

Blockchain applications at a glance

Vietnam Blockchain Ecosystem

Still the ecosystem is very

nascent ~ 20 startups

★ Mostly outsourcing for foreign

markets

★ Lack of key players such as

educator, VC, incubator etc.

★ Acknowledged as sub-domain of

Fintech

★ Regulatory framework underway

The #1 Vietnam Blockchain Report

30

PARTICIPANTS

active in Fintech and

related businesses to

BC including major

tech players

80%

STARTUP PARTICIPANTS

Incorporated for less

than 2 years and

funding up to 1 mil

USD

#1

BLOCKCHAIN REPORT

Interacting with all

major ecosystem

players

10%

STARTUPS

from outside Vietnam

12

AWARENESS

have merely heard

about the technology

54% believe Solution to

Trust and Cost

Efficiency are biggest

virtues of blockchain

(individually)

40%

DISRUPTION

stress Finance as the

area most prone to

disruption

2/3

PERSPECTIVE

forecast blockchain will

thrive in the

next 3 years

50%

Key observations

MOTIVATION

Biggest challenges to blockchain growth

Catalysts to blockchain proliferation

Where is Blockchain most likely to thrive in Vietnam?

AGRI-TECH

Micro payment, micro

incentivization, commodities

bidding

SMART TECH

Blockchain x IoT as conduit to smart and

secure connected Human - Device -

Thing environment

FINTECH

Inter-bank settlement,

P2P lending, bond, remittance

Our recommendations

EDUCATION

Blockchain education going mainstream

REGULATION

Industry and Regulatory Sandbox are imperative

FUNDING/INCUBATION

Trial with integration blockchain into existing incubator programs

R&D

Blockchain technical power is much more potential than financial reaps

Platform provider or tool developers will thrive for long term in blockchain sphere

Global team – 150+ blockchain developers

Top 15 global Fintech startups*

*SuperCharger Accelerator Program 2016

Speaker/honorary guest at major Blockchain conferences in Hongkong, Shanghai, Abu Dhabi

Blockchain ecosystem leader in Vietnam

Incubation

Intermediary

services

RegTech

17

SPEAKER

NICOLE NGUYEN

Head of Corporate Marketing, Infinity Blockchain Labs

Speaker at major Blockchain conferences

● Blockfin Asia

● Shanghai Blockchain Week

● World Bank/IFC: Blockchain transforms Global Supply Chain and Trade

Finances

● Seamless Vietnam, Thailand and Asia

● World Bank - Blockchain and Supply Chain for a borderless world

Organizer of #1 Vietnam Blockchain Hackathon

Organizer of Vietnam Blockchain Week

TEDx speaker, Author of #1 Vietnam Blockchain Landscape Report

Thank you for your attention!