Uzbekistan's Digital Trust Fund discloses details of introducing blockchain
By Trend
The blockchain technology will be introduced in all government agencies in Uzbekistan to minimize the human factor and prevent corruption schemes, Bobir Akilkhanov, Investment Director for Technologies of the Digital Trust Fund of Uzbekistan told Trend.
Akilkhanov reminded that the Fund has been established in line with the resolution of President of Uzbekistan Shavkat Mirziyoyev of Sept. 2, 2018 in order to attract and consolidate investor funds for the implementation of public-private partnership (PPP) projects in the field of digital economy development, including those related to the introduction of the blockchain technology.
According to Akilkhanov, many institutions of the public sector of Uzbekistan face difficulties caused by lack of monitoring systems and a single database.
"The probability of corruption schemes is always present when data can be changed. We offer solutions to this problem through introduction of the blockchain. We plan to introduce the technology in all government agencies. The human factor and access to databases make data manipulation possible. The blockchain has to be implemented in these areas first and foremost," the director of the Fund said.