• Tether and the Vietnam Blockchain Association (VBA) are collaborating to advance AI and blockchain education in Vietnam.

• In 2023, Vietnam was the third-largest cryptocurrency gainer globally, firmly engaging with digital assets.

• Tether EDU backs global education programs focused on digital skills and financial inclusion.

Tether Operations Limited has announced a strategic partnership with the Vietnam Blockchain Association (VBA) to elevate blockchain and AI education in Vietnam.

This partnership, revealed on July 9, 2024, aims at educating public stakeholders through a series of conferences and workshops.

Tether and Vietnam Blockchain Association Boost Blockchain Education and AI.

The collaboration between Tether and the Vietnam Blockchain Association aims to foster knowledge-sharing and capacity-building within the blockchain industry. Based in Ho Chi Minh City, the VBA is instrumental in standardizing and promoting blockchain technology in Vietnam. The association’s nationwide educational events are crucial in advocating blockchain education.

In 2023, Vietnam ranked as the third-largest cryptocurrency gainer globally, following the US and the UK, with nearly $1.18 billion in gains. Approximately 17% of the Vietnamese population owns or has cryptocurrencies, highlighting the nation’s significant engagement with digital assets. This widespread adoption is partly due to the use of crypto to access otherwise inaccessible banking services.

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Tether-VBA Collaborative Initiatives

The collaboration will see Tether supporting the VBA in numerous initiatives to enhance blockchain and AI education. One of the significant initiatives involves hosting five educational conferences in key cities such as Hanoi, Da Nang, and Ho Chi Minh City. These events aim to educate communities about the potential of digital finance.

Additionally, Tether will support the VBA’s Tether UniTour Program by developing educational content with the Academy of Blockchain and AI Innovation (ABAII).

Tether UniTour is designed for university and college students across Vietnam to ignite their passion for AI and blockchain technologies. Tether will also back VBA’s SwitchUp Accelerator program, offering guidance, support, and potential investments for Web3 projects and startups.

Paolo Ardoino, CEO of Tether, expressed enthusiasm for the partnership, stating, “As a leading voice in blockchain adoption, the Vietnam Blockchain Association’s work aligns well with our mission to promote education in blockchain. We are excited to collaborate with VBA to educate about blockchain technologies as practical solutions to the unique challenges faced by Vietnamese communities.”

Key Objectives and Expected Outcomes

This strategic alliance aims to produce a ripple effect within the blockchain and AI communities, fostering exponential growth and widespread understanding. Tether and the VBA aim to ensure that the knowledge and skills imparted through their initiatives will cultivate a more tech-literate population by targeting various stakeholders- including policymakers, developers, and the general public.

One anticipated outcome is the enhanced ability of local developers and entrepreneurs to innovate and create blockchain-based solutions tailored to the specific needs of Vietnamese markets.

Moreover, these educational programs are expected to bridge the gap between theoretical knowledge and practical application, enabling a new generation of tech enthusiasts and professionals to contribute meaningfully to the blockchain and AI ecosystems.

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Phan Duc Trung, Standing Vice Chairman of the Vietnam Blockchain Association and Chairman of the ABAII Academy, added, “This strategic collaboration with Tether will make an important contribution to promoting blockchain education in Vietnam. We believe that through joint training and research programs, we will create comprehensive learning and development opportunities for the younger generation, helping them confidently enter the digital era and enhancing their fintech knowledge.”

Impact on Vietnam’s Crypto Landscape

This collaboration is further supported by Tether, a global education initiative within Tether focused on crypto education. Tether’s mission is to educate emerging markets about the benefits of digital finance, helping communities leverage blockchain technology for financial inclusion and economic development.

Vietnam’s cryptocurrency landscape has rapidly grown, ranking the country as the third-largest cryptocurrency gainer globally in 2023. With nearly $1.18 billion in gains and approximately 17% of the population owning or using cryptocurrencies, Vietnam has significantly engaged with digital assets.

The collaboration between Tether and the Vietnam Blockchain Association aims to further enhance this growth by providing comprehensive blockchain education to the public.

Tether EDU is dedicated to making digital skills accessible while promoting self-development and self-realization. As Tether’s educational arm, it coordinates various global education programs, providing an innovative environment that identifies and implements the latest trends and expertise in digital industries.

To summarize, the partnership between Tether and the Vietnam Blockchain Association aims to foster knowledge-sharing and capacity-building within the blockchain industry.

The collaboration’s initiatives, such as the Tether UniTour Program and the SwitchUp Accelerator program, are designed to educate and inspire the younger generation about the potential of blockchain and AI technologies.

With the support of Tether, the partnership seeks to promote financial inclusion and economic development in Vietnam’s rapidly growing cryptocurrency landscape.

This collaboration highlights the importance of blockchain education in driving the adoption of digital finance and fostering economic development. By providing comprehensive educational programs and resources, Tether and the Vietnam Blockchain Association are working together to create a more inclusive and innovative future for Vietnam.