Binance Founder Changpeng Zhao (CZ) signed an agreement agreement with the National Investment Agency of Kyrgyzstan (Mou) in order to increase the adoption of web3 technologies in Kyrgyzstan, Central Asian Central Asian country.
Kyrgyzstan is turning to web3 technologies
Kyrgyz President Sadyr Zhaparov announced in his share on the X platform that CZ has signed an agreement with the National Investment Agency of Kyrgyzstan. This agreement aims to strengthen the cooperation of both sides to improve the local Web 3 ecosystem.
This agreement, which was signed with the approval of the President, is seen as an important step to create a live crypto currency ecosystem throughout the country. In this respect, the National Investment Agency will benefit from the consulting role of Binance founder CZ.
The signing of the agreement agreement opens new horizons for the development of digital technologies and blockchain ecosystem in the country. – President Zhaparov
Kriptokoin.comAs we have mentioned, Binance was on the agenda with its recent cooperation in Abu Dhabi -based companies.
Real world applications of blockchain technology
According to the CZ, this agreement will only include the distributed notebook technology (DLT) and Blockchain’s real world practices by going beyond crypto currency speculation.
Experts think that CZ aims to discover cross -border use scenarios and financial benefits of crypto currencies with this agreement.
In addition, local people are planned to receive training on Blockchain, Cyber Security, Virtual Asset Management and other new technologies. This web 3 initiative is expected to make a significant contribution to the GDP of Kyrgyzstan by 2030.
CZ will play the role of consultant
CZ expressed his satisfaction with taking over this new consultancy role, while Kyrgyzstan is the newest country in this regard.
“I find this work extremely meaningful.” – CZ
CZ had previously consulted on crypto currency regulatory frames and DLT applications both in different countries both in different countries. However, he stressed that he was not involved in geopolitical issues.
Aid Studies and Social Responsibility
In addition to consulting roles, CZ also contributes to various natural disaster aids. He supported more than $ 1 million donations for earthquake aids in Myanmar and Thailand.
On the other hand, Binance Founder, scruzing the impact of stock market listing on token prices, his main focus is the development of technology and real world practices.
This agreement is seen as one of the most important steps to transform Kyrgyzstan’s digital economy and adopt web3 technologies.
