Pakistan’s former prime minister looks to blockchain technology for public benefit

Global leaders on November 18, BBS, global chain alliance, the world always the block chain business school, the block chain application research institute, the asia-pacific economic leaders federation and the world economic development of the newspaper, all the way around the world Chinese association of entrepreneurs, dozens of institutions, such as silk sco conference was held in shenzhen, China the first global block chain. The meeting was attended by former heads of state from around the world, Former Mexican President Felipe Calderon, former Ukrainian President Viktor Yushchenko, former Irish prime minister Bertie Ahern, former Pakistani prime minister Shaukat Aziz, former Bulgarian President Petar Stoyanov, former Serbian President Boris Tadic, former Cypriot President George Vasileiou, former SAN marino President Gian Franco Terenzi, former Bolivian President Jorge Quiroga, former prime minister of Malta Lawrence Gonzi, former prime minister of Mali Moussa Mara, etc.


At the meeting, several former heads of state took the stage to share the status quo and trends of blockchain in their own countries and put forward their views.


Viktor Yushchenko, former President of Ukraine, delivered a speech at the conference and delivered an excellent speech on the world economic development from a leading international perspective.

Shaukat Aziz, former prime minister of Pakistan, proposed that on April 6, 2018, the Pakistani government issued the first cryptocurrency ban. After more than a year of a total ban on cryptocurrencies, Pakistan’s attitude towards blockchain and digital assets has finally changed, with the state bank of Pakistan (SBP) discussing and formulating the regulation of Electronic Money Institutions (EMI).

This year, the state bank of Pakistan (SBP) issued a statement saying that institutions willing to use “cryptocurrencies” could now get permission from the central bank to issue “cryptocurrencies for electronic payments purposes”.

Shaukat aziz said, the people of Pakistan is gradually accepted block chain economic trends, Pakistan is studied and prepared in the local currency payment application to encrypt, Pakistan will also provide a friendly environment, choose high quality chain block project, strengthen block chain economic participation and supervision, promoting the application block chain of landing at an early date.

The government’s regulatory policy will facilitate the development of cryptocurrency projects in Pakistan and serve as a stepping-stone to wider acceptance and use of cryptocurrency in Pakistan. Shaukat aziz hopes more attention will be paid to the development of the block chain economy in Pakistan, where cryptocurrency payment applications will soon be born.

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