Blockchain, the latest Turkish tool? – The Turkey it is one of the countries where the population is a lot cryptophile. For several years, Turkish households have been facing double-digit inflation and are plagued by increasing rate devaluations, without any concrete improvement in purchasing power. Turks are very fond of Bitcoin and cryptocurrencies which have become highly democratized means of payment in recent years. Turkish President, Recep Tayyip Erdogan, has just presented a national project. It would allow the blockchain to transform the Turks “E-humans”.
The blockchain as a revolutionary tool
Turkey is struggling to get out of a monetary crisis that affects the entire economy. the Erdogan’s speech on cryptocurrencies has recently hardenedwith fears that these alternative means of value exchange will further weaken monetary institutions and their hold on the economy.
Istanbul’s Kadir University estimates it roughly 10 million Turkish citizens have already bought cryptocurrencies at least once. If the narrative “Bitcoin is inflation protection” took a hit in the West, Professor Ismail Polat he attributes the local success of cryptocurrencies to this looking for protection against the dissolution of the Turkish lira.
Behind its name worthy of a science fiction film, the project of“E-humans” promises to be the digital foundation of the Turkish economy of tomorrow. Eventually a wide range of services, both private and public, will be attached. The declared official ambition is of promote employment and support citizens.
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Promote the job market with Blockchain in Turkey
Despite regulatory constraints on cryptocurrency adoption, the government and public institutions continue to dig into the topic to explore the possibilities. In fact, the blockchain has many interesting features and it can improve some current processes … and this, although the “all blockchain” it is neither conceivable nor desirable (no need for a toaster on the blockchain).
Students, recent graduates and public and private sector employees will see a easier access to work and internships. National blockchain services will also allow for training monitoring, diploma authentication, etc. The project “e-human” aims to be a human portal that reads civil society on blockchain.
After announcing its national blockchain infrastructure ambitions a few years ago, the Turkey keep on set tools which will allow you to complete “2023 Strategy”announced in 2019. The automaker TOGG had announced earlier this year to work in partnership with the Avalanche (Ava Labs) teams to work on smart contracts.
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