President Erdogan Announces Turkey’s Blockchain Project!

Turkish President Recep Tayyip Erdogan made a statement about a Blockchain project. He announced new details about Turkey’s Blockchain-based e-Human project. Here are the details…

What is the Blockchain powered e-Human project?

The e-Human project will be based on Blockchain technology. The project will protect all services and information used by the system. According to the statements, the e-Human project points to the services of the Presidency of Turkey related to profession, distance education and talent acquisition. It acts as a digital service point where he can share information about his tools for these areas.

Students, recent graduates and public employees will be able to look at job and internship opportunities in the public and private sectors. Public employees, on the other hand, will have access to certified trainings, trade fairs held in Turkey, events and training content through the e-Human portal. The project aims to increase employment and support the development of citizens. As we have also reported, Turkey’s car company TOGG has formed a strategic partnership with Avalanche Blockchain developer Ava Labs to develop fiduciary services with smart contracts. In general, the interest in cryptocurrencies and Blockchain in our country is quite large. But it is worth noting that crypto payments were banned in April 2021.

Turkey and cryptocurrency interest

President Erdoğan stated that there is an effort against cryptocurrencies. However, the situation is not the same for Blockchain. He continued to explore the ecosystem while building various projects. Turkey even announced its National Blockchain Infrastructure plans. As it is known, our country hosts various global events such as Istanbul Blockchain Week and Blockchain Economy Istanbul. The local developer ecosystem is also working hard to bring the next DevCon to Istanbul, a precious event for the Ethereum developer community.

In addition, Chainalysis data showed that Turkey is one of the fastest growing crypto markets. Chainalysis’s 2022 Global Cryptocurrency Adoption Index put Turkey in the middle of the top 20 countries in terms of crypto adoption. According to Chainalysis data, the use of crypto for savings protection and remittances is particularly dominant in countries such as Turkey and Egypt. Also, according to the report, Turkey was the largest cryptocurrency market in the period between July 2021 and mid-June 2022. Chainlink mentions a total of $192 billion in cryptocurrency volume in the country.

What makes blockchain special?

Basically, Blockchain is a digital record of processes powered by cryptography. Each block of information is added to the “chain” (a general ledger). It is then authenticated through a decentralized, peer-to-peer network. The chain takes a reasonable order, where each block carries a unique hash, making the database tamper-proof and immutable.

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