Turkcell CEO: “We Are Not Considering Entering Cryptocurrency Business”

Turkcell CEO Murat Erkan announced that they will continue to invest in blockchain technology, but that they “do not intend to enter the cryptocurrency business.”

Turkcell CEO Murat Erkan talked about Turkcell’s plans for blockchain and crypto money technologies at the press conference on the company’s second quarter performance.

Erkan, “We did not, and do not intend to, enter the cryptocurrency business. But blockchain isn’t just about cryptocurrency. Therefore, we will continue to invest in this issue.” said.

According to the statements made by Turkcell CEO, the company is already benefiting from blockchain technology. One of the current uses there are cases of fraud Erkan made the following statement:

“For example, we cooperate with operators using blockchain technology for fraud. The data is shared over the blockchain so that no one can see the data, but when there is a fraud case, the blockchain generates alarms and we can take action.”

Stating that they have been investing in blockchain technology for a long time as a company and that they will continue this strategy, Erkan said, showing blockchain-based products and services. growing interest and demand added.

According to the information released by Turkcell today, the company increased its performance in the second quarter of this year compared to the same period of the previous year. 12.5 billion TL with an increase of 46% earned income. The company’s EBITDA is in the second quarter. 5 billion TL, an increase of 45.1% it happened. Erkan commented on their performance as a company as follows:

“Thanks to the correct planning and our strategic focus areas, we have successfully spent the first half of this year by providing uninterrupted and high quality service to our customers, despite the epidemic conditions. By maintaining this correct game plan, we will continue to grow in line with the year-end targets set with our solutions that appeal to the hearts and minds of our customers. I believe that we will maintain our strong performance by providing the highest quality services to our customers in the field of communication technologies and pioneering the digital transformation of our country in the coming quarters as well as in this challenging period.”

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