Phnom Penh (FN), Dec. 22 – Blockchain technology has sparked significant national and international attention in recent years. It has received praise for allowing direct business transactions between parties without needing middlemen. In addition to enabling commercial transactions, it may be used for public and private sector record monitoring, document verification, and digital record storage. Regardless of these potentials, blockchain technology may have positive and negative implications due to growing rivalries among major powers.

This article presents an overview of blockchain technology by focusing on the pivotal positions being advanced and implemented for political purposes. The article concludes by discussing the potential impacts of blockchain technology on Cambodia.

Read AVI Commentary: “Geopolitics of Blockchain Technology: Implications for Cambodia” below.
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