Abstract

AbstractAlthough blockchain technology is broadly known as the technological underpinning on which cryptocurrencies are developed, enhancing trust, security, transparency and the traceability of data shared across a business network, blockchain real business applications are mainly limited to financial services. Recently, many innovative ideas in alignment with cultural entrepreneurship in startups have attempted to amplify the areas of blockchain utilisation. This chapter aims to investigate the status quo and the latest development of blockchain technology applications in the Vietnamese business context. Based on archival documents and interview data from several blockchain startups, our study highlights the disruptive effects and benefits that blockchain startups could bring to Vietnamese enterprises and highlights the contributions that have been made by these digital startups to the transition towards the digital economy proposed by the government of Vietnam.KeywordsBlockchain technologyBlockchain applicationVietnamDigital economy

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.