• Region
    • Pakistan
    • UAE
    • Saudi Arabia
    • Qatar
    • Bahrain
    • Oman
    • Kuwait
  • About
  • Press Kit
  • Media Pack
  • Contact
Tuesday, July 15, 2025
CEO Times
No Result
View All Result
Subscribe
  • Login
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • MagazineSEP 2024
  • Databank
  • Podcasts
  • Connect
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • MagazineSEP 2024
  • Databank
  • Podcasts
  • Connect
CEO Times
No Result
View All Result
Home Sector FinTech

Pakistan to collaborate with China to advance the blockchain Industry

13 June 2023
in FinTech, Government
Reading Time: 2 mins read
0
Pak China

Manzoor stated that the PBI would publish a road map for integrating blockchain technology in Pakistan in order to advance the industry.

“On these bases, we are collaborating to share knowledge and human resources in order to develop our own products, as China is far more advanced than other nations in the blockchain industry and Pakistan has a strong desire to advance.”

This remark was stated in an interview with Ahmad Manzoor, founder and CEO of the Pakistan Blockchain Institute (PBI).

PBI and the China Academy of Information and Communications Technology (CAICT), a research arm of China’s ministry of industry and information technology, signed a contract in January to hold online training sessions for Pakistani students and professionals in order to strengthen China’s blockchain industry cooperation.

The cooperation, according to Manzoor, intends to build capacity for future blockchain projects by providing training with Chinese blockchain industry, technology, and policy specialists. In order to aid Pakistani youth and professionals in comprehending and using technology, he indicated that the two parties will create the first introductory-level course.

After completing the course, trainees will obtain a training certificate that will be validated and digitally stored on CAICT’s Blockchain System and Facility (BIF), a blockchain and identification infrastructure.

Manzoor assured CEN that the PBI would publish a road map for utilising blockchain technology in Pakistan to progress the sector. The statement reads, “We want to transition from a project management nation to a product management nation, and both countries will collaborate on emerging technologies.”

Blockchain is a decentralised digital ledger technology used to securely and transparently record transactions across a network of computers.

The blockchain industry comprises firms and organisations engaged in the creation and trade of cryptocurrencies, as well as the development and deployment of blockchain-based solutions.

The business is expanding rapidly and has many applications in a variety of areas, including finance, supply chain management, real estate, and healthcare.

Related Posts

Nadim Alameddine

Wafeq Secures $7.5 Million in Series A Funding

16 December 2024
State Bank of Pakistan (SBP)

SBP to Enforce RAAST Integration in E-Commerce by March 2025

1 December 2024
SECP Logo

SECP Implements Significant Fee Hikes for Company Document Submissions

23 November 2024
Lean Technologies Co-founders

Lean Technologies Secures $67.5 Million in Series B

16 November 2024
Next Post
Pakistan Single Window (PSW) Logo

Pakistan Single Window rollouts LMS for ease of doing business

Copyright © 2024 CEO Times (SMC-Private) Limited

  • Privacy Policy
  • Terms & Conditions
  • Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business News
  • Startup News
  • Opinion
  • Lifestyle
  • Magazine
  • Podcasts
  • About
  • Contact
  • Media Pack

Copyright © 2024 CEO TIMES (SMC-Private) Limited