Join Our Mailing List
Monday September 25, 2023
Bitcoin (BTC) $26,321.05   Ethereum (ETH) $1,590.59
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Blockchain Technology

EMURGO and Uzbekistan gov to develop a framework for security tokens

Published by CryptoNinjas.net
01/20/2020
EMURGO and Uzbekistan gov to develop a framework for security tokens

EMURGO, the official commercial arm of Cardano blockchain, today announced the establishment of a blockchain task force with the National Agency of Project Management (NAPM) under the government of the Republic of Uzbekistan, and alongside advisors KOBEA Group & Infinity Blockchain Holdings.

The goal is to lead the development of a legal framework for security token offerings (STOs) and exchanges (STXs) in the Republic of Uzbekistan.

In addition, EMURGO & KOBEA will advise on infrastructure for digital asset banking & exchange, and blockchain education units, amongst others. EMURGO will provide advisory services to develop the framework and business units with the task force & mutually explore the potential for Cardano’s third-generation blockchain for infrastructure projects.

This strategic agreement aligns with EMURGO’s objectives to drive the adoption of Cardano & blockchain-based solutions and with the Republic of Uzbekistan’s objectives to usher in a digital economy development age with cutting-edge, blockchain-based technologies at the forefront.

EMURGO completes its objectives through the provision of its blockchain Education & Academy platform for Uzbekistan’s national universities and through its offering of advisory services to develop broad strategic governmental projects leveraging blockchain technology.

“Uzbekistan today, more than ever, is open to innovation. It is a great honor to be able to work closely with the country’s government officials to help drive the implementation of blockchain technology. We are glad to provide our advisory services to the Uzbekistan government to build essential blockchain infrastructure & support local universities to train future blockchain experts.”
– Ken Kodama, EMURGO CEO

Security token offerings aim to tokenize and modernize traditional equities, bringing along the advantages of blockchain transparency, security, and efficiency. This agreement puts into motion a transformative solution with regards to security tokens and digital asset infrastructure.

According to a World Bank report, Uzbekistan has a current population of nearly 31 million people with 37% of adults that are unbanked. With a highly literate population, an earlier report states that “the population as a whole is showing increasing interest in technology adoption as evidenced by increasing smartphone penetration and take-up of electronic payments” which demonstrates the potential services blockchain technology & digital assets can provide.

41
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin

Related News

EMURGO to develop new dApp tool stack for Cardano blockchain

01/17/2022
EMURGO to develop new dApp tool stack for Cardano blockchain

EMURGO, the official commercial arm of Cardano and the Cardano Foundation, overseer of the Cardano blockchain, announced the launch of a project that will see the two organizations combine efforts and resources to foster...

Read more

EMURGO launches new $100M investment vehicle to bolster Cardano ecosystem

09/27/2021
EMURGO launches new investments of $100M into Cardano ecosystem

EMURGO, the official commercial arm of the Cardano blockchain, today announced the launch of a new Cardano ecosystem investment vehicle to invest in early startup and growth-stage companies focused on building socially impactful solutions...

Read more

EMURGO releases new 3rd party developer toolbox for Cardano (ADA)

09/17/2019
Emurgo ADA Toolkit

EMURGO, the official commercial arm of the Cardano blockchain, today announced it has developed and released Tangata Manu - a new fully open source codebase library for third-party developers and enterprises to create their...

Read more

EMURGO partners with Korean trade associations in push for Cardano (ADA)

08/20/2019
Emurgo Cardano ADA

EMURGO, the official Cardano development partner and commercial arm, announced today the formal signing of MoUs with the Korea Blockchain Contents Association (KBCCA) and Korea Mobile Game Association (KMGA) to mutually identify and explore...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Blockstream releases new platform for Liquid-sidechain security token issuance

Blockstream releases new platform for Liquid-sidechain security token issuance

05/15/2019
Blockstream Mining Bitcoin

Blockstream launches bitcoin mining colocation and pool services

08/08/2019
Zilliqa blockchain combines incubation programs as it announces new grant winners

Zilliqa blockchain combines incubation programs; announces new grant winners

12/03/2019
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
Adenasoft launches new crypto exchange white label solution: ACE

Adenasoft launches new crypto exchange white label solution: ACE

06/27/2023
Maximize Your ETH Investment: The ETHphoria Vault by Pods

Maximize Your ETH Investment: The ETHphoria Vault by Pods

06/21/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy