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World News

Bitfury to Work With Kazakhstan’s AIFC For Blockchain Implementation Across the Nation

Bitfury, a leading blockchain firm, is set to bring blockchain to Kazakhstan following their partnership with the Astana International Financial Centre (AIFC).

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Bitfury to Work With Kazakhstan’s AIFC For Blockchain Implementation Across the Nation

Bitfury, a leading blockchain firm, is set to bring blockchain to Kazakhstan following their partnership with the Astana International Financial Centre (AIFC).

According to a report from Astana Times, Bitfury will partner with a major Kazakhstan-based financial hub, the Astana International Financial Centre (AIFC), for blockchain projects across the nation.

Data centers to be spread across the country

The blockchain firm will also open data centers in Kazakhstan to diversify the work environment and cooperate with Nur-Sultan Akimat, the city administration.

Bitfury hopes to bring blockchain to the nation by showing aspiring engineers and developers how to work with the technology, using the AIFC Bureau for Continuing Professional Development as a platform.

With offices around the world, Bitfury is the industry leader in spreading blockchain technology across the globe. The company has similar projects in Ukraine and Georgia with Bitfury Kazakhstan Head, Timur Bairov, saying that the blockchain company “can help to build a brighter future for the people of Kazakhstan.”

CEO of Bitfury, Valery Vavilov, was equally excited by the prospect of the partnership.

Vavilov said:

“We are honored to work in Kazakhstan in partnership with the AIFC. We are encouraged by their enthusiasm for more transparent systems as well as their commitment to participate in a growing global economy powered by blockchain technology. We look forward to serving the citizens of Kazakhstan and the region in these efforts,”

AIFC has a global footprint

Created in 2015, AIFC is positioned as a financial hub in countries in central Asia, the Caucasus, Eurasian Economic Union, Middle East, Western China, Mongolia, and Europe.

AIFC’s Governor, Kairat Kelimbetov, while acknowledging the partnership, said:

“We are pleased to welcome Bitfury in Kazakhstan, and the AIFC is ready to support the development and distribution of blockchain technology in the region. I am confident that the development of human capital will receive an additional inducement as well.”

According to reports, successful startups and projects which will be part of the scheme at the AIFC Fintech Hub can also have backing from Bitfury around the globe as well as expertise and mentoring from company representatives.

Bitfury Group develops solutions using the most useful technologies in blockchain security, infrastructure, cryptocurrencies, semiconductor chips, and mobile data centers with individual characteristics.

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