Kazakh government to develop Internet of Things

ASTANA – Kazakhstan plans to develop the country’s Internet of Things and additive manufacturing technologies under the national Digital Kazakhstan programme, Kazakh Deputy Prime Minister Askar Zhumagaliyev announced recently at the opening of the international conference Blockchain Regulation: Opportunities and Risks.

Photo credit: medium.com.

Photo credit: medium.com.

According to the press service of the National Association of Blockchain and Crypto technology Development (NABCD), Zhumagaliyev emphasised the importance of applying new technologies in Kazakhstan and outlined the conditions for its development.

“In line with the Digital Kazakhstan programme, development of the Internet of Things, additive technologies, artificial intelligence and blockchain technology is provisioned. The use of blockchain technologies allows excluding intermediaries and barriers in conducting transactions,” said Zhumagaliyev.

He also said Kazakh projects involving blockchain technology are widely implemented. The National Bank uses blockchain technology in the placement of short-term notes and the Ministry of Agriculture uses blockchain-based electronic grain receipts.

Blockchain projects have also been implemented in Kazakhstan by Ministry of Finance, Kazpost and are part of the nation’s e-government services.

Zhumagaliyev stressed that further development requires legislation and infrastructure. In this regard, he called on the Ministry of Information and Communication and Zerde national info communication holding to facilitate the solution of these issues.

The organisers of the conference noted that the interaction of the state with the professional community and associations is an important part of the nationwide digitisation programme.

“The main purpose of this conference is to collect and process the best international experience in this field. As organisers of this event, we tried to provide all possible instruments in order to study this experience in close cooperation with the state and on its basis create necessary legal documents, taking into account interests of the National Bank, large foreign companies and other interested parties,” said Alan Dordzhiev, NABCD president.


Get The Astana Times stories sent directly to you! Sign up via the website or subscribe to our Twitter, Facebook, Instagram, Telegram, YouTube and Tiktok!