Bangladesh shines in Blockchain Olympiad

Staff Correspondent

7 July, 2020 12:00 AM printer

Bangladeshi youths shined in first ever International Blockchain Olympiad clinching two awards out of six in final round of the global event held in Hong Kong virtually.

Blockchain is a process of decentralised data management through distributed ledger replicating contributions of all participants in the system.

Team Digital Innovation won silver award and Nimbus of Dhaka University was awarded in ‘best prototype’ categories in the grand finale.

ICT State Minister Zunaid Ahmed Palak described the achievements at an online press conference on Monday.

ICT Division in association with a local software company Technohaven organised the global event of International Blockchain Olympiad. A total of 12 teams consist of software professionals and students of different universities contested in the global round of 60 teams USA, China, Canada and other countries.

Addressing the meeting, State Minister Palak said future of world depends on emerging technologies including block chain and artificial intelligence.

“Use of blockchain technology helps government to curb corruption in different sectors. We have proven that Bangladeshis can adopt any new technology as most of the offices maintained remote works for the last four months. We should provide chance to youth to prove their excellence,” he added.

Palak also assured that winners two teams will be facilitated specially by Startup Bangladesh while other 10 teams will gets support from ICT Division.

Among others, Senior Secretary of ICT Division NM Zeaul Alam, Bangladesh Blockchain Olympiad convener Prof Mohammad Kaykobad and Technohaven Managing Director Habibullah N Karim, LICT Project Director Md Rezaul Karim and Policy Adviser Sami Ahmed spoke at the function.