Copy link
Increase text size
Decrease text size
Link copied

Emurgo establishes blockchain task force with Uzbekistan

Image by Emurgo from YouTube

Tue, 21 Jan 2020, 10:38 am UTC

Emurgo, the official commercial and venture arm of the Cardano blockchain project, is setting up a blockchain task force in partnership with the government of Uzbekistan.

In a press release dated Jan. 20, Emurgo announced that it is establishing a blockchain task force with the National Agency of Project Management (NAPM) which is under the Republic of Uzbekistan.

Also on board are KOBEA Group and Infinity Blockchain Holdings which will provide advisory services for developing the legal framework for security token offerings (STOs) and exchanges (STXs) in the country. Emurgo will also provide advisory services for the development of the framework.

“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,” said EMURGO CEO Ken Kodama.

Emurgo was founded in Japan in June 2017. The company promotes the Cardano blockchain through investment and advisory services. It also lends its expertise to the world by providing organizational and personal education services worldwide.

The announcement of Emurgo’s partnership with Uzbekistan came just days after the Soviet Republic announced that they are launching a national mining pool and a licensed cryptocurrency exchange. During a conference last week, the National Agency for Project Management (NAPM) opened up about its crypto trading and blockchain plans for the year. It said that miners who join the mining pool will benefit from lower electricity rates.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $13,063.50 (+0.22%)
  • Ethereum (ETH) $406.81 (-0.73%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $268.95 (-0.81%)
  • Chainlink (LINK) $12.19 (-2.52%)
  • Bitcoin (BTC) $13,063.50 (+0.22%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.