Turkish City is Advancing in Blockchain Technology and Launched Crypto Project for Public
City Coin Project for City
The Metropolitan Mayor of Konya, Uğur İbrahim Altay, during a smart city congress at the local level, on Jan.16, revealed that they are going for a ‘’City Coin’’ and trying to establish blockchain network for funding.
The progress status of the city project is informed by the head of the Konya Science and Technology, Dr. Ali Osman Çıbıkdiken. According to him, their team is comprised of seven blockchain developers and their first job is ‘’to look for ways to use blockchain technology for funding social programs.’’
Turkey has big plans for Blockchain
Turkey has also launched various blockchain-related programs at the national level. For example, the country has a plan to launch Digital Lira in 2020. Another important step in this regard is taken by Turkish Takesbank that launched the blockchain-based platform for gold transfer called BiGa Digital Gold.
The increasing adoption of the cryptocurrency and Blockchain technology has encouraged the worldwide crypto brokers to open their offices in the country. For example, Huobi and Binance opened offices at the local level.