AIFC, Bitfury to jointly implement blockchain projects

NUR-SULTAN – Astana International Financial Centre (AIFC) and the Bitfury blockchain company agreed May 17 to create projects using blockchain technology. Bitfury also plans to open data centres in Kazakhstan to diversify the work environment and cooperate with Nur-Sultan Akimat (city administration).

“We are pleased to welcome Bitfury in Kazakhstan and the AIFC is ready to support the development and distribution of blockchain technology in the region. I am confident that the development of human capital will receive an additional inducement as well,” said AIFC Governor Kairat Kelimbetov at the May 17 session of the Astana Economic Forum.

“We are honoured to work in Kazakhstan in partnership with the AIFC. We are encouraged by their enthusiasm for more transparent systems as well as their commitment to participate in a growing global economy powered by blockchain technology. We look forward to serving the citizens of Kazakhstan and the region in these efforts,” Bitfury CEO Valery Vavilov told the forum.

“Bitfury has already shown its strong commitment to education and equal access to technology through its blockchain operations in Georgia and Ukraine, among others,” said Bitfury Kazakhstan Head Timur Bairov at the forum.

“We believe that we can help to build a brighter future for the people of Kazakhstan by introducing blockchain technology across many sectors,” he added.

Bitfury also plans to develop human capital by launching education and training programmes in partnership with the AIFC Bureau for Continuing Professional Development. Due to the partnership start-ups and IT companies in the country and the Central Asian region will have an opportunity to collaborate with a major technology player creating products using the AIFC platform.

Successful startups that have passed mentoring and created projects at the AIFC Fintech Hub will be promoted by Bitfury around the world, including receiving expertise and mentoring from company representatives.

Bitfury is also going to work with Nur-Sultan Akimat on social projects using blockchain technology and support new technologies for energy efficiency and environment protection.

The company has chosen the AIFC for development, showing confidence in the new ecosystem of financial markets, protection of the rights and interests of consumers of financial services and investors, as well as of trade and investment cooperation.

Bitfury Group is one of the world’s leading full-service blockchain technology companies. It develops solutions using the most effective technologies in blockchain security, infrastructure, cryptocurrencies, semiconductor chips and mobile data centres with individual characteristics.