Bangladesh is capable of working with cutting edge technologies, Telecom and IT Minister Mustafa Jabbar has said.
The minister was speaking at a roundtable event organised by IT and software company eGeneration Ltd in the city on Wednesday.
At the discussion, titled “Disruptive Global Financing with Blockchain- Roadmap for Bangladesh,” eGeneration revealed that it has started developing artificial intelligence and blockchain-based digital investment platform for the Dubai based fastest growing crowd funding company Smartcrowd.
“The fact that eGeneration is providing blockchain solutions in Dubai, sends a message to the world that we are capable of working with such cutting-edge technologies,” he said.
“We hope there will be more companies like eGeneration in Bangladesh working to help establish the country brand,” he added.
He assured that for any such technology that is useful to general public, the government will provide full support.
“It is being said that the blockchain will do to banking what the internet did to media. Disruption is coming, from healthcare and remittance to banking, real estate and venture capital,” eGeneration Chairman Shameem Ahsan said.
“Today, decentralized organizations are raising money from the crowd via initial coin offerings (ICOs) and traditional companies are launching tokens and raising from the crowd via ICOs,” he said,
Other speakers said R&D work should be done to test the application of Blockchain technology in various sectors of the economy.