Workshop "Application of Blockchain in Fintech" - ICFME 2023: Converging leading experts, creating opportunities for cooperation and innovation in the financial and economic fields with the application of Blockchain

On the afternoon of July 5, 2023, Workshop "Application of Blockchain in Fintech" took place at Ton Duc Thang University. The program is an event in addition to the International Conference on Financial Management and Economics 2023 (ICFME 2023) organized by the Faculty of Finance and Banking in collaboration with the Faculty of Accounting, Ton Duc Thang University and international universities. International events such as Tomas Bata in Zlín University (Czech Republic), Michigan State University (USA) and the University of Southern Queensland (Australia) co-hosted on July 4 and 5, 2023.

The workshop is chaired by the Faculty of Banking and Finance and organized in conjunction with the Digital Asset Management Center (TSS), the Digital Transformation Alliance (DTS); and the Vietnam Financial Consultants Association (VFCA).

Speaking at the opening of the workshop, Mr. Truong Gia Bao - Vice Chairman of the Financial Advisors Association (VFCA) and Chairman of the Digital Transformation Alliance DTS Group, emphasized the changing global trend and digitalisation. . Mr. Bao said: "The International Conference on Financial and Economic Governance 2023 - ICFME 2023 is organized with the aim of focusing on exploring how blockchain can be applied in the financial sector, from financial transactions. directly between parties without the need for intermediaries to use smart contracts to perform financial transactions and manage assets."

On behalf of the school, Dr. Le Bao Thy - Deputy Dean of the Faculty of Finance and Banking of Ton Duc Thang University, emphasized that Blockchain has in fact been strongly participating in the fields of economic and social life, including the financial sector. banking finance. Blockchain applications can potentially disrupt past and present economic models and reshape future markets, as well as potentially offering huge potential for new markets. floating to be able to rise quickly. “This workshop aims to update practical knowledge about blockchain being connected and applied in the economic and financial fields,” she said.

Workshop is a place to open opportunities for cooperation and connection between experts, universities and businesses to take advantage of the potential of blockchain in the field of banking and finance. The program has the participation and sharing of practical experiences from representatives of businesses and experts in the field of Blockchain and Fintech, including: Mr. Nguyen Dinh Thang - Chairman of the Center for Digital Asset Management (TSS). ; Mr. Luong Hoang Hung - Vice President of Vietnam Business Science Union, Editor-in-Chief of Intellectual Property & Creativity magazine; Mr. Eric Vuong - Founder and CEO of Fundgo - Vice Chairman of NFT Alliance; Mr. Nguyen Chi Cong - Director of Fundgo fund management company; Mr. Marc Hoelmer - Expert Advisor at the law firm Ecovis Vietnam; Mr. Bui Minh Cong - Sales Director of UFIN; and Mr. Victor Nguyen - CEO of Pibridge.

Mr. Marc Hoelmer - Expert Advisor at law firm Ecovis Vietnam shared about the topic
“Digital Banking: Strategic and Operational Challenges”

Throughout the program, topics discussed include: financial markets; legal framework for digital banking and finance; how to organize finance in the age of technology; topics on financial and economic management by technology, business models, financial planning, international trade under the influence of Blockchain technology as well as the impact of Blockchain projects on business activities. industry, organizations and the economy in general.

Mr. Nguyen Dinh Thang - Chairman of Digital Asset Management Center (TSS) who is an expert in the field of digital assets brought to the workshop the topic "Application of AI and blockchain in Fintech". He commented on this field: “The application of AI and blockchain in Fintech brings many important benefits, including: Forecasting and analysis through AI, improving customer experience, enhancing security and validation through blockchain, risk and credit management through AI, and process optimization and cost reduction.”

Mr. Nguyen Dinh Thang - Vice Chairman of Vietnam Informatics Association (Vaip), Chairman of Digital Asset Management Center (TSS)

Following the topic "Application of AI and blockchain in Fintech", Mr. Nguyen Chi Cong - Director of FUNDGO Fund management company in his speech, helped to have a more specific view on the application of blockchain in digitization. fund certificates. He focuses on blockchain's ability to create more transparency, safety and efficiency in the issuance, management and trading of fund certificates. Blockchain technology helps to reduce reliance on intermediaries, enhancing transparency and convenience for investors and fund managers.

Mr. Nguyen Chi Cong - Director of FUNDGO Fund management company shared on the topic "Application of Blockchain to digitize fund certificates".

Mr. Hoang Phuoc Thanh - General Director of UFIN shared his views when participating in the workshop, had comments on the application of NFT (Non-Fungible Token) in turning non-physical assets into digital versions and applying them. in the areas of degrees and intellectual property. He emphasized that NFT brings the ability to authenticate and protect ownership of immaterial assets through blockchain technology. This creates a new approach to the attestation and transaction of qualifications and intellectual property, thereby improving transparency, reducing fraud and increasing the value of digital assets.

Mr. Hoang Phuoc Thanh - General Director of UFIN shared about the application of NFT (Non-Fungible Token)

Closing of the workshop Mr. Victor Nguyen - CEO of Pibridge brought knowledge about the application of blockchain in Web3 through the Pibridge platform. He emphasized that using blockchain technology in Web3 brings decentralization, transparency and safety to online transactions. Pibridge is a platform that pioneers in creating a bridge between the traditional world and the Web3, allowing banking and financial institutions to harness the benefits of blockchain such as fast transactions, security, and authentication. , marking an important step forward in creating a safe and efficient digital environment for the banking and finance industry.

Mr. Victor Nguyen - CEO of Pibridge blockchain application in Web3