The Uzbek authorities want to use the grant provided by the European Union for the introduction of blockchain technologies in the sphere of public administration and provision of services to the population. The press center of the Ministry of justice of the Republic reported that the EU allocated 10 million euros to Tashkent.
These funds can be used by the Agency for the purchase of modern high–tech equipment and training of employees of the Ministry of justice. In addition, a portion of the grant can be spent on the financing of the project of modernizing the service centres of Uzbekistan on the territory of other countries.
The authorities want to implement this project within the next five years. Blockchain technologies in the sphere of public service will be introduced in five regions of the Republic, in parallel, officials plan to launch an Internet site and a database for the exchange of any important information in real time.
The Ministry of justice plans to implement a project on digitalization of public administration and public services in the framework of the presidential decree of December last year, signed by the head of state Shavkat Mirziyoyev. The project is to create a public services Agency for the population. Until 2020, officials want to automate the system of servicing citizens, increasing its transparency and security.
In addition to the interest in blockchain technologies, Uzbekistan is actively engaged in the introduction of the cryptocurrency industry into its economy. The authorities of the Republic have already legalized the activities of cryptocurrency exchanges and allowed to invest in digital assets.
In parallel, Tashkent announced plans to launch a special body that will deal with the settlement of disputes arising between the participants of the crypto market. In this regard, Uzbekistan follows in the footsteps of Russia, which also wants to establish a center for settlement of disputes between crypto traders at the pre–trial level in 2019 under the Union of Industrialists and entrepreneurs (RSPP).
It should be noted that in September, Ubekistan launched an investment Fund, which is designed to provide financial support to promising blockchain projects that contribute to the digitalization of the economy of the Republic.
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