ISLAMABAD: President Dr Arif Alvi has called for developing and training the human resource of the country in the field of emerging technologies, including blockchain technology, artificial intelligence, cybersecurity and big data, to meet the requirements of the 4th industrial revolution.
The president, talking to an international delegation of blockchain experts, led by the Founding President of BSV Blockchain Association, James Nguyen, that called on him, at Aiwan-e-Sadr, Monday, underlined the need for creating awareness about the importance and utility of Blockchain technology so that the public and private sectors could benefit from it.
The president said that Blockchain technology could become a powerful tool for tracking transactions, reducing corruption and increasing transparency in public and private sectors.
He further stated that a systemic approach was needed to fully benefit from the transformative potential of Blockchain technology as well as further its implementation in Pakistan.
The president appreciated the services of Pakistan’s technology talent that had made its mark by providing the technical backbone to some of the world’s largest companies.
He highlighted the fact that during the past year, Pakistani start-ups had been able to attract valuable international investments in the IT sector.
James Nguyen on the occasion talked about the potential and uses of Blockchain technology in diverse sectors of the economy such as Banking, Fin-tech, Digital Advertising, Healthcare, Big Data, Environment and Governance. He also informed the President regarding certain initiatives taken by BSV Blockchain in Pakistan.
