The "Smart Bangladesh" ecosystem will stand on four key pillars – "Smart Citizen", "Smart Government", "Smart Society" and "Smart Economy". Although the government's goal of creating a "Smart Bangladesh" by 2041 is a bold decision, its implementation will be a significant challenge. The government must prepare a concrete masterplan through extensive discussions with relevant stakeholders. To support emerging technology, regulatory frameworks must be promptly modified. There should be policies in place to support and protect technology IP valuation. Last but not the least, utmost importance and care should be given to the development of human resources. Until now, universities have been unable to embed emerging tech in their curriculum. There is still a huge gap between the academia and industry which should be minimised as soon as possible.