Digital Bangladesh ushers in blockchain and other emerging technologies, in response to Rapid technological transformation

Together, along with the ICT Division of Bangladesh, Inspiring Bangladesh brought a 2-day long virtual summit on blockchain on 25 and 26 May, featuring sessions on various subjects such as digital security and transparency, remittance, tokenisation and infrastructure financing, blockchain and the capital markets, and how blockchain is revolutionising the art world.

Fasset is a regulated, multi-country Digital Asset Gateway that aims to connect the next billion to buy, sell, send and store digital assets such as Bitcoin and Real World Asset Tokens. Fasset brings easy, free, and frictionless access to digital assets, providing people in frontier markets with the knowledge and the tools to build a better future.

Inspiring Bangladesh is the only Bangladeshi social network that inspires. It provides a platform for sharing the best practices in ICT adoption, achievements and experiences, networking among IT & ITES industry leaders, experts, policy makers, government officials, entrepreneurs and academicians. In addition, Inspiring Bangladesh helps to showcase the potential of digital technologies, as policy makers, national and international organisations, academic institutions, startups, IT entrepreneurs and young people participate in this event on blockchain technologies.

Private Industry & Industry Advisor to PM, Salman F Rahman, said, "Blockchain technology seeks to completely challenge and overhaul the way we have learned to manage assets and organizational and government boundaries around them. We must not forget that blockchain has emerged as a potent idea in response to bureaucratic incapability around the world to keep up with rapid technological changes and transformations. The technology is central to cryptocurrencies, notably bitcoin, which has swept developed countries and unnerved financial systems."

Shibli Rubayat Ul Islam, chairman of BSEC, said, "Bangladesh is now growing at a pace which is much higher than other neighbouring countries. We are keeping our eyes open and learning more about how cryptocurrencies work. We are trying to understand more how we can incorporate these into our economy, whilst carefully understanding its implications."

Mohammed Raafi Hossain, former advisor to the Ruler of Dubai and CEO of Fasset said, "What the blockchain and digital assets industry does is that for the first time in human history, everyone has the opportunity to not only work for an income but to keep their capital in assets that they own. In a way that there is no intermediary, nor no risk that this asset will be stolen, seized from them and that will be protected."