The effectiveness of e-commerce systems and block chain technology in Kazakhstan depends on the quality of the country’s entire economy. In addition, the information technology (IT) will contribute to improving the levels of well-being of the population.
Kazakhstan introduced the Invest Online project, which plays an important role in this process. The digital service allows online purchase and the sale of Government securities of the National Bank. The agriculture industry representatives are actively using the IT service. The programs of electronic and digital receipts are popular among grain buyers. The service operates on block chain data storage platforms.
ZHANAT KURMANOV, DEPUTY CHAIRPERSON, NATIONAL BANK OF KAZAKHSTAN:
- This solution is implemented on an innovative platform, block chain technology. To date, since March 27th, the population has purchased notes worth 60 million Tenge. In total, the number of securities purchased is estimated at 658,000 Tenge.