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Credits at The Law & The 4th Industrial Revolution 2019 Summit in Vietnam

On 23-24 of June 2019, Credits took part in the large scale event on the introduction of advanced technologies designed to bring about a change of perception in the key human industries. Law & the 4th industrial revolution Summit allowed to unite the leaders of the state, representatives of domestic and international enterprises, legal experts and scientists in order to hold a productive panel discussion, contribute to the technological breakthroughs in AI technology, blockchain, IOT, Big Data, etc and determine the right measures.

Law & the 4th industrial revolution Summit is a conference where new ideas and innovations, collaboration and the right solutions take place. The center of the action is a country of South-East Asia, Vietnam that experiences remarkable shifts in the social and economic system and where there is a dire need to adjust the law and legal framework accordingly to maximize the opportunities that the 4th industrial revolution offers. The summit was organized on behalf of Ministry of Justice, with the approval of Prime Minister of Vietnam and included the following subject matters:

CIVIL AND COMMERCIAL LAWS

  • Finance & Banking
  • Property rights, contract and intellectual property law
  • Tax
  • Startups & Innovation

E-GOVERNMENT & SMART CITIES

  • E-government transformation & operation
  • Digital system infrastructure
  • Smart Cities & case study in Hanoi

JUSTICE AND CYBER SECURITY

  • Cyber Criminals and Cybersecurity 
  • Blockchain & personal data
  • E-document management
  • Civil proceedings 

Credits Blockchain Platform was represented by its Vietnamese representative Manh Hong Nguyen who presented the facilities of Credits to the local businesses and was able to establish relationships with a number of blockchain experts. Among them were the following leading companies: Onpun, BitcoinVN, Tiendientu, Abcentury, Samsung Vina Electronics Co. Ltd, OCD, Coinhe and etc.

“The Fourth Industrial Revolution Summit in Vietnam has brought together the representatives of different IT-companies that allowed to share perspectives and discuss several approaches to maximize benefits and opportunities offered by automation technologies. Such format made it possible to uncover the advantages of blockchain technology for the legal system as well as for other industries. In addition, the conference was a perfect opportunity to get in touch with people holding the same views and to further discussion beyond the event”, - Manh Hong Nguyen, Vietnamese representative at Credits.

About Credits Blockchain Platform 

Credits is an international company that was founded in 2015 and is located in the USA, Singapore and Russia. Credits offers public and private solutions to its clients in many fields of business needs. The peculiarity of Credits is a high-speed decentralized blockchain platform that provides up to 1 million transactions per second with a confirmation time of a single transaction around 0.1 second and low fees around 0.001 USD. The platform is intended to develop standalone smart contracts and decentralized applications.

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