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Konya, town of the world-famous poet Rumi, may not come to thoughts when speaking about expertise, particularly blockchain and cryptocurrencies. As one of many main cultural facilities of Turkey, Konya is thought for its wealthy historical past, beautiful mosques, and historic websites.
However that has not stopped the Anatolian metropolis from establishing its “Science and Know-how Valley,” underneath the umbrella of Konya Science Heart, and constructing a workforce to use blockchain to municipal providers.
First revealed by Konya Metropolitan Mayor Uğur İbrahim Altay throughout an area good metropolis congress in Ankara on Jan. 16, this Turkish metropolis is on the lookout for methods to develop a “Metropolis Coin” and create a blockchain-based monetary ecosystem round it.
Cointelegraph reached out to Dr. Ali Osman Çıbıkdiken, head of Konya Science and Know-how Valley, concerning the progress on the so-called “Metropolis Coin” undertaking. Çıbıkdiken, who additionally acts as an advisor to a number of blockchain tasks similar to TrueFeedBack, mentioned that the very first thing their workforce of seven blockchain builders did was “to search for methods to make use of blockchain expertise for funding social packages.”
The undertaking will allow the native authorities and different stakeholders to handle the reserve fund for social support on the blockchain. The town goals to launch a prototype inside six months and go reside inside a 12 months. Konya hopes to be a worldwide mannequin for native governments with the Metropolis Coin undertaking. Çıbıkdiken mentioned:
“The cryptocurrency we’re at the moment growing might be utilized in social support packages, municipal firms’ actions, public transport, and environmental providers. This blockchain-based native ecosystem will serve the Konya residents. The undertaking will even see the event of a cost system to allow crypto in lots of municipal providers.”
Blockchain options for a wise metropolis
As a metropolis with a inhabitants of over 2.four million, Konya has sufficient folks to check out blockchain in public providers at a major scale. On prime of that, Konya has an edge in terms of good metropolis functions.
In line with an in depth report from Konya Chamber of Commerce, town has over 10 totally different good metropolis tasks, from a cost system to make use of contactless bank cards in public transportation, to a smartphone app to cowl e-municipality features.
They even have an app, known as Cell Mesnevi, to ship the very best poems from Rumi in several languages. The blockchain-based Metropolis Coin could also be added sooner or later as a cost methodology for public providers like shared bikes, good transportation and electrical buses, amongst others.
Turkey at full throttle on blockchain
Following the announcement of a nationwide blockchain infrastructure, Turkey has accelerated its blockchain efforts. The nation set plans for a Digital Lira in 2020 and Turkish Takasbank launched the BiGa Digital Gold platform to offer a blockchain-based gold switch system for the banking trade.
BlockchainIST Heart, a university-funded middle in Istanbul, just lately introduced plans to develop next-gen blockchain tasks on Cornell Professor Emin Gün Sirer’s Ava Platform, Cointelegraph reported.
The optimistic developments in Turkey are being observed by world crypto exchanges, who arrange native workplaces within the nation. As Cointelegraph reported final 12 months, Huobi was the primary, adopted by Binance. Lately, Huobi joined Blockchain Turkey Platform to cooperate with the native ecosystem on blockchain growth efforts.
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