Blockchain technology is gaining momentum in Bangladesh, revolutionizing industries like finance and logistics. Its ability to ensure transparency and security is drawing interest from businesses and the government.
Applications of Blockchain:
- Supply Chain Management: Textile exporters are using blockchain to provide transparency in production.
- Remittances: Blockchain-based systems offer faster and cheaper ways to send money across borders.
- E-Governance: Pilot projects are exploring blockchain for land registry and public record management.
Challenges:
High implementation costs and a lack of skilled developers are barriers to widespread adoption. However, partnerships with global tech firms are addressing these gaps.
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