HomeBangladeshGovTechBlockchain is the most effective technology in ensuring accountability: Palak

Blockchain is the most effective technology in ensuring accountability: Palak

Zunaid Ahmed Palak has said that "blockchain" is a reliable technology to make sure transparency and accountability in financial and administrative activities

Preferred Source of Google

Dhaka — The state minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak has said that “blockchain” is a reliable technology to make sure transparency and accountability in financial and administrative activities.

“If we do not adopt this technology, we will fall behind. We do not want to lag behind in using Frontier technology. “

He also mentioned that economic development should be taken forward using up-to-date technology in every field including agriculture, education, and health.

Advertisement
Infosec Reimagined
Infosec Reimagined
Infosec Reimagined 2026 is the premier information security summit where top leaders—CISOs, CROs, CIOs, CTOs and risk executives—converge to redefine cyber resilience.
Register Now →
Digital Senate
Digital Senate
Digital Senate is a premier conference uniting government leaders, technologists and innovators to share ideas, success stories and strategies on digital governance, public sector transformation, cybersecurity and emerging technologies in India.
Register Now →
CIO Prism
CIO Prism
CIO Prism unites forward-thinking technology leaders to exchange transformative insights, shape digital strategies, and foster innovation, empowering enterprises to excel in an era of rapid technological change.
Register Now →
National DefTech Summit
National DefTech Summit
Featuring keynotes, expert panels, live tech demos and strategic networking, the summit will drive actionable insights for defence sector.
Register Now →
Future-Ready Defence
Future-Ready Defence
A Leadership Dialogue on sovereign, trusted data infrastructure, AI readiness and mission resilience for Defence Forces.
Register Now →

The state minister made these remarks while speaking as the chief guest at the award ceremony among the winners of “Blockchain Olympiad Bangladesh-2021” organized by the ICT Department and Bangladesh Blockchain Olympiad at Bangladesh Computer Council (BCC) Auditorium here today.

“We are working towards a target of earning 5 billion in export revenue from the IT / ITS sector by 2025,” he said.

There are currently six and a half lakh IT freelancers in the country. They are earning more than 500 million. Hardware and software combined are generating 1 billion through skilled manpower.

Advertisement

Noting that there is no end to education in a rapidly changing world, the state minister, said: “300 schools in future are being set up in the country to impart hands-on education on disruptive technology in the face of the Fourth Industrial Revolution.”

Sheikh Hasina Institute of Frontier Technology is being established in 2041 to create the best technologists in developed Bangladesh.

Sheikh Kamal IT Training and Incubation Centers are being set up in 64 districts to enable young people to become proficient in , BigData, Robotics, Blockchain, Augmented Reality, and Microprocessor Design technology to ensure employment. 8,000 Sheikh Russell Digital Labs have been established across the country.

Advertisement

He said the International Blockchain Olympiad 2021 will be held in Bangladesh this year. The probable date is set for October 8-10.

He called upon the youth to establish their talents and abilities in the world court by participating in the Olympiad.

Bangladesh Computer Council Executive Director Parthapratim Deb presided over the function while ICT Senior Secretary , BCOLBD Coordinator Habibullah N Karim, and Dhaka University Professor Mohammad Abdul Momen spoke.

Later, the Minister of State distributed prizes among the winners of the “Blockchain Olympiad Bangladesh-2021” competition.

256 teams from 50 universities registered for this competition. 40 teams were shortlisted in the competition through a white paper evaluation. Out of these 40 teams, the top 10 teams have been declared the winners, the first prize of Tk Dhaka University’s IBA’s “Masala Dosa” won the second prize of Tk 60,000. The third prize of Tk 40,000 was won by “Troychain” of Chittagong University of Engineering and Technology.

The winner in the prototype category is Shahjalal University of and Technology’s “Flow”. The winner in the Document Authentication category is “Brogrammers” from Asia Pacific University. The winner in the Identity / Privacy category is “D. Nimbus” of the Institute of Information Technology, Dhaka University.

BUET’s “Hopefully Hypothetically” won the category. BUET’s team “Kryptonite” has won in the supply chain province category. Team Rocket of Dhaka University has won in the e-Governance category and the Rompecadenas team of United International University (UIU) has won in the e-Health category.

NEWSLETTERThe Daily BriefingThe day's top enterprise technology stories, curated by our editors. Monday to Friday.

Free. One-click unsubscribe anytime. We never share your email.

Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
Advertisement
- Advertisement -
- Advertisement -

AI is speeding up existing cyberattacks, not creating ‘magic AI malware’, says Thoughtworks’ Lilly Ryan

Thoughtworks Principal Cybersecurity Engineer Lilly Ryan says that AI is amplifying existing cyberattacks rather than creating entirely new threats, forcing enterprises to rethink whether their security operations can respond at the speed of increasingly automated attacks.

RELATED ARTICLES