Breaking News

Asia Today ISSN 1861-4604 Friday, August 17, 2018

Headline

Swiss company to develop blockchain technologies in Kazakhstan

5EL Blockchain Lab in Astana

Share on Facebook November 2, 2017, Reporter : Trend, Reader : 581

news

Baku, Azerbaijan, Nov. 2 By Ali Mustafayev – Trend: The Astana International Financial Center (AIFC) and the Swiss company 5EL SA signed a memorandum of cooperation and agreed on the development of a hub of blockchain innovations in Kazakhstan.

The parties intend to implement the blockchain technology under the "Bright Chain" title within the agreement, Kazakh media reported.

5EL SA will open the 5EL Blockchain Lab in Astana, assisting the AIFC in the creation of a productive system of innovations and commercial application of technologies.

Chairman of 5EL SA Serzh Umansky believes that a long-term partnership with AIFC will provide the commercial use of blockchain technologies in global markets and financial flows within Kazakhstan.

 

More Euro Asia news of the month

Photos First OIC Summit on Science and Technology in Astana

The First Summit on Science and Technology of the Organization of Islamic Cooperation (OIC) has kicked off in Astana, the capital of...

Photos India, Pakistan join connectivity projects but India clarifies ‘territorial integrity and sovereignty’ should be respected

ASTANA, Kazakhstan - In a bid to be part of connectivity projects among the eight-nation security bloc, India and Pakistan joined the...

Photos India, Pakistan to become SCO full members in June

Baku, Azerbaijan, April 21 By Elena Kosolapova – Trend: It is planned to complete the acceptance process of India and Pakistan as...

Photos Kazakhstan eyes to increase oil export to Novorossiysk port

Baku, Azerbaijan, Jan. 14 By Maksim Tsurkov – Trend: Kazakhstan intends to increase the export of oil through the Russian section...

Photos Kazakh Delta bank resumes banking operations

Baku, Azerbaijan, Dec. 29 By Elena Kosolapova – Trend: Kazakh National Bank renewed a license of Delta Bank for banking and...

Photos Kazakhstan to profit from Kashagan at any oil prices

Baku, Azerbaijan, Oct. 6 By Elena Kosolapova - Trend: Kazakhstan will get profit from Kashagan oil field at any oil prices, Kazakh...

Photos Kazakhstan reveals cost of oil output expansion at Tengiz field

Baku, Azerbaijan, July 5 By Elena Kosolapova – Trend: Tengizchevroil LLP (TCO) announced it has received approval from its...

Photos Parliamentary election kicks off in Kazakhstan

Baku, Azerbaijan, March 20 By Elena Kosolapova – Trend: Kazakhs have today started voting to elect members for parliament and...

Photos Over 400 foreign media outlets, observers ready for Kazakh parliament election

Baku, Azerbaijan March 4 By Elena Kosolapova - Trend: To date, 116 representatives of foreign media outlets from 28 countries and 308...

Flying Reimagined

Stock Index

Friday, August 17, 2018

Life Style

Photo Gallery

FEUILLETON