Cryptocurrency and Blockchain Call from Pakistani President

Cryptocurrency units reached a long-awaited popularity in 2021. Cryptocurrencies, which have leapt into an era in terms of both price and global acceptance, have definitely reached another level with the El Salvador incident. of a country Bitcoin’I (BTC) The fact that it accepted it as a legitimate currency and invested in it stimulated the interest of other countries in this sector in general.

Pakistani President Believes in Blockchain

current president of pakistan Arif Alvi, In fact, he is someone who is not a stranger to the crypto money industry. In his speech at the panel, which included James Nguyen, the leading name of the BSV community, Alvi stated that he believes in cryptocurrencies and blockchain technology. Expressing that additional training on blockchain technology should be given, Alvi emphasized that it is one of the brightest emerging technologies.

Alvi believes that new technologies and areas such as blockchain, artificial intelligence and cyber security are of great importance. Stating that Pakistan’s talent pool should be ready for the Fourth Industrial Revolution, Alvi actually wants to prepare for competition with India. While the CEOs or senior managers of most of the giant companies in the USA are of Indian origin, Pakistan lags behind in this race.

India is also home to names that have made important breakthroughs in crypto money. Alvi stated that they will take steps to “outshine their competitors” in both the blockchain and crypto money world, without directly addressing this competition.

Although there were prohibitions on cryptocurrencies in previous statements, the President’s speech today was very constructive about cryptocurrencies.

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