The progress of several development sectors in a country must also be supported with assistance from the local government. For example, with the help of scholarships that aim to improve a person’s standard of living, so that later it can bring a big influence to the country, for example in terms of reducing the number of poverty. Every project built by the state must have a goal to grow the economy broadly, which benefits can be felt by all levels of society equally.

Therefore it is currently Khazastan, as a country geographically located in Central Asia. At present it is incessant — incessantly building a large economic project, where the benefits can not only be felt by the Khazastan community, but also to the entire world community. The global development sector like this, certainly also uses advanced technology components that have become global. The technology integrated is blockchain technology, which can create a reliable cryptocurrency platform, called Facite.

The Facite platform built by the Khazastan government aims to control and supervise all cryptocurrency trading and mining activities. In this case the role of the Khazastan government is to provide all kinds of facilities and infrastructure that support the smooth production of cryptocurrency activities. At this stage the government guarantees to provide electricity supplies that can accommodate 2 million miners from all over the world.

The government’s seriousness in the development of the project is because Khazastan now wants to prepare himself for the economic digitalization. Like the countries of South Korea and China which currently have implemented a digitization system in almost all public facilities that have been available. Therefore with the worldwide Facite development project, the community will gradually become accustomed to implementing a digitization system.

In general, in this world there are several types of work that are usually done by each individual in order to fulfill their daily needs. Such as merchants, police, and bankers. But in the current technological era, cryptocurrency mining activities can also be considered as one type of work that can generate profits. But at this time not many countries have provided more support and attention to the development of cryptocurrecy in their country. So most of the blockchain projects that are running can only be felt by most people who have been educated on using block technology. But for most people who have not been educated, this will create doubts.

The form of support that the Khazastan government provides can at least convince the public to use blockchain technology. Because basically the government is the highest authority in a country that can guarantee the right investment decision. If we study, now Khazastan is the only country in the world that has a high level of seriousness about the construction of this blockchain project. This certainly will not only absorb the trust of the local community, but also the entire world community.

We know that blockchain technology is not a technology whose operating system is regulated by the authorities or world financial institutions. Therefore many world communities are not yet fully convinced of the economic value that will be generated by the productivity of this technology. Therefore at this stage the Khazastah government must strive to be able to convince the entire world community of the reliability of the cryptocurrency platform that can support world economic growth.

At this stage we have also never heard of world economic institutions giving a strict ban on the use of blockchain technology. This happens because the world government believes that blockchain technology can have a big role in world development.

From year to year the world of technology continues to grow. Indirectly this development also changes the conventional economic methods that have been applied so far. We can see this phenomenon with the way Khazastan built his country at this time. Where in general the country only uses a number of economic sectors such as agriculture and export imports. Unlike the case with Khazastan who uses the digital economy sector.

Reference

ETH: 0x2ecfcf14d65e962c8c575891d04915854ef0ca88