Participant founder of Binance Changpeng Zhao to advise Kyrgyzstan on Blockchain Tech

Changpeng “CZ” Zhao, the former CEO of Binance, will start advising the Republic of Kyrgyz on Blockchain and the organization -related organization after signing a memorandum of understanding with the country’s foreign investment agency.

“I formally advise some of the governments on the frameworks of encryption and Blockchain solutions for government efficiency, and expand Blockchain to more than trading.” He said In a post on April 3, adding that he finds this work “very useful”.

His comments came in response to a previous X job from the President of Kyrgyzstan Sader Chaparov Advertisement The National Investment Agency in Kyrgyzstan (NIA) signed a memo with CZ to provide technical expertise and consulting services to the Central Asia Central Asia.

NIA is responsible for strengthening foreign investment and assisting international companies in determining job opportunities within the country.

“This cooperation represents an important step towards promoting technological infrastructure, implementing innovative solutions, and preparing highly qualified specialists in Blockchain technologies, managing virtual assets, and cybersecurity,” Chaparov said.

“These initiatives are crucial for sustainable growth of the economy and virtual asset security, which ultimately generates new opportunities for companies and society as a whole.”

Kyrgyzstan, whose name officially changed from the Republic of Kyrgyzstan to the Republic of Kyrgyz in 1993, is a closed mountainous country.

It is considered Good suitable for extracting the encryption Operations due to abundance Renewable energy resources, Many of them are not used.

More than 30 % of the total power supply in Kyrgyzstan comes from electrical power plants, but only 10 % of possible hydroelectric power in the country has been developed, according to a report By the International Energy Agency.

CZ met with many other state officials in Asia

Malaysia also recently Its exploitation CZ for directions on encryption issues, as Prime Minister Anwar Ibrahim met him personally in January.

CZ also met with officials in the United Arab Emirates and Bhutan Botan Bitcoin – However, it is not clear what these meetings require.

Related to: Is the future of Bitcoin in circular economies or national reserves?

The latest Check Times comes more than six months after his release from A. The prison sentence for four months In the United States, many of them are violated Funding money laundering laws.

Since its release, CZ has made investments in Blockchain Tech, artificial intelligence And biotechnology companies.

CZ recently donated 1000 BNB (BNB– At a value of approximately $ 600,000 – to support Earth’s relief efforts In Thailand and Myanmar after the natural disaster in late April.

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