Turkey’s New Economic Policy Emphasises on Utilising Blockchain Technology

Jul 10, 2019 23:30&nbspUTC

| Updated:

Jul 11, 2019 at 16:29&nbspUTC

By&nbspRishma Banerjee

An economic road map that was revealed by the Turkish government, this week consists of several items related to blockchain, which includes a bid to create a central bank digital currency based on the technology. Regional reports say that the Eleventh Development Plan, which was published on the government’s official website, was submitted to the Turkish Parliament on July 8. It is meant for the period between 2019 and 2023, and its primary intention is to serve as a guiding point for improving Turkey’s economy.

The plan talks about a hoard of subjects but notably states that a “blockchain-based digital central bank money will be implemented,” according to a translation. It…

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