Uzbekistan Creates State Blockchain Development Fund

Cointelegraph

Published Sep 06, 2018 05:28PM ET

Updated Sep 06, 2018 06:01PM ET

Uzbekistan Creates State Blockchain Development Fund

Uzbek president Shavkat Mirziyoyev has ordered the establishment of a state blockchain development fund called the "Digital Trust", according to a document published on official government website Sunday, September 2.

The fund's aim is to integrate blockchain into various government projects including healthcare, education, and cultural areas. The organization will also be responsible for international investment in the Uzbek digital economy. The Digital Trust will be funded by the National Agency of Project Management in addition to international loans and grants.

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