The Slovenia Times

Blockchain technologies and the future of business


Despite differing views for registering the Blockchain Association as a legal entity and regulating cryptocurrencies, the overall goal is to promote the technology and its use. The Association warns that some countries have already recognised cryptocurrency as the official means of payment, while others are still deciding, however Kazakhstan has to find its place in the segment.

Maybe President Nazarbayev had in mind also blockchain technology when, in his speech to the nation at the beginning of the year, he warned of rapid changes in the world which increasingly concern Kazakhstan. He warned that oil will no longer be enough and the industrialisation of the country is needed as the world has found itself in the fourth industrial revolution, which the State must follow. Presiding over the UN Security Council since the beginning of the year and to host EXPO 2017, of which KSBC was an official partner, are important achievements for Kazakhstan and therefore it is necessary to continue the reforms of the third modernisation and follow the Kazakhstan 4.0 program, industrialisation.


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