Fantom to pilot blockchain-based IT solutions in Uzbekistan


The Fantom Foundation has actually revealed a joint endeavor with AG Mentors Group headed by previous Uzbekistan Deputy Prime Minister Elyar Ganiev.

According to the statement released on the Fantom Blog on Wednesday, the cooperation will utilize Fantom-based blockchain solutions to improve the nation’s IT facilities.

Fantom’s collaboration with AG Mentors comes in the middle of the Uzbekistan federal government’s digital improvement program. Back in 2020, President Shavkat Mirziyoyev set out a strategy to use digital innovation to enhance civil services in the nation called “Strategy for Digital Uzbekistan.”

Fantom will supposedly offer customized blockchain-based solutions in locations such as supply chain management, reserve bank digital currency and business resource preparation, to name a few.

According to the statement, the Fantom Foundation strategies to make use of its experience dealing with other federal governments in Central and South Asia.

Indeed, as formerly reported by Cointelegraph, Fantom is presently engaged in a public-private collaboration contract with the federal government of Tajikistan. Fantom’s operations in Tajikistan are likewise customized towards the IT sector with a concentrate on driving modernization in the nation.

Apart from its collaboration with the Tajik federal government, Fantom likewise has collective jobs in Pakistan and Afghanistan. In Pakistan, Fantom is included in establishing blockchain-based solutions for the Punjab Prisons Department, while in Afghanistan, the blockchain task is dealing with the Ministry of Health to use decentralized innovation in combating the spread of fake pharmaceuticals.