Kazakhstan to build Crypto City - a new center of the digital revolution is taking shape

Kazakhstan is preparing for another major step in the field of modern technologies. At an international forum in Astana, the country's President Kassym-Jomart Tokayev announced the creation of an innovative crypto city - Crypto City. This project is expected to be an important stage in the formation of an advanced digital ecosystem not only for Kazakhstan, but also for the entire Eurasian region.

Crypto City - an innovative territory of the future

According to Tokayev, Crypto City will operate as a special pilot zone, where it will be possible to purchase goods and services using cryptocurrency. This project will further advance Kazakhstan's digital economy, achieve technological strength, and mark a new stage in its competition with global IT centers.

Artificial intelligence and supercomputers - a strategic advantage

President Tokayev also paid special attention to the development of digital transformation and artificial intelligence. According to him, the most powerful supercomputer in Central Asia has been brought to Kazakhstan. It aims to make the country a regional leader in artificial intelligence, big data analytics, and scientific research.

“Our main task is to reduce the development gap between regions and strengthen the middle class,” the head of state said.

Towards an academic and technological hub

Tokayev also announced his intention to turn Kazakhstan into an innovative center in the field of scientific research and education. A number of branches of foreign universities operate in the country, and it is expected that they will expand scientific potential, the startup ecosystem, and technological cooperation.

Where will Crypto City be built?

The exact location of the crypto city has not yet been announced. However, the main candidates are the EXPO area in Astana, the Alakaoui smart city, and the Borovoye resort. The competition is expected to evaluate infrastructure, logistics, and innovation potential as the main criteria.

Summary from the Zamin.uz editorial team
Kazakhstan's Crypto City project is not only the next step in the field of cryptocurrency and blockchain, but also a major strategic initiative aimed at bringing the entire region to a new technological level.

Such initiatives are essential for ensuring success in the era of technology. This move by a neighboring country is being seen as a claim to digital leadership in Central Asia.