OFFICE OF FINANCE AND BLOCKCHAIN TECHNOLOGY

Eric Arevalo Dila has been duly appointed by Chairman and CEO Tuan D. Nguyen, ALM, as Director to our Office of Finance and Blockchain Technology. Eric is also the Vice-Chairman to our Vietnam Investment, Economic and Business Development Board (VNIEBDB). He can be reached at eric.dila@aancinc.org or (855) 702-2262 ext. 856.

The Asian-American National Committee, Inc. is providing various programs and services in bitcoin, cryptocurrency and blockchain in the United States and abroad.

Blockchain also has potential applications far beyond bitcoin and cryptocurrency.

One of our mission is to use blockchain technology for the enhancement and advancement of social justice, diversity, equity, and inclusion, along with the empowerment of the Asian-American Civil Rights Movement. Blockchain technology is a wonderful and powerful equalizer in social justice, racial discrimination, and racial harassment.

From a business perspective, it’s helpful to think of blockchain technology as a type of next-generation business process improvement software. Collaborative technology, such as blockchain, promises the ability to improve the business processes that occur between companies, radically lowering the “cost of trust.” For this reason, it may offer significantly higher returns for each investment dollar spent than most traditional internal investments.

Financial institutions are exploring how they could also use blockchain technology to upend everything from clearing and settlement to insurance. These articles will help you understand these changes—and what you should do about them.

Many skeptics are beginning to wonder if the “year of blockchain” will ever really arrive. Blockchain announcements continue to occur. Blockchain technology has the potential to result in a radically different competitive future for the financial services industry and more.

Bitcoin, cryptocurrency and blockchain are here to stay. They will soon replace our old ways of doing business and finance.