Telenor Welcomes Swiss Blockchain Experts to Explore Transformative Opportunities

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Telenor Welcomes Swiss Blockchain Experts to Explore Transformative Opportunities

At its 345 campus, Telenor Pakistan received a delegation of Blockchain professionals from the BSV Blockchain Association.

The goal of the visit was to discuss the possibility for future collaboration in technologies that can empower every part of society, using Blockchain as an example.

The BSV Blockchain Association is a non-profit organisation based in Switzerland that promotes Blockchain education and adoption in the public and private sectors.

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The delegation was led by James Nguyen, the BSV Association’s Founding President, who expressed the organization’s interest in funding several Blockchain initiatives in Pakistan, including creating awareness and training programmes for government decision-makers, as well as providing advice on the country’s ‘National Blockchain Strategy.’

In addition, the programme will offer training in areas such as legal consultation in developing a regulatory framework for digital assets, Blockchain implementation in a government body, knowledge partnership, and bootcamps with universities to produce Blockchain technology experts.

“In our position as an innovative and technologically oriented, global business, we are thrilled to have hosted the prestigious delegation of Blockchain professionals at Telenor 345 campus,” Irfan Wahab Khan, CEO Telenor Pakistan, said of the delegation’s visit.

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“We grow through learning, and collaborating with professionals in innovative fields while building bridges to enable collaboration and strengthen the economy is always exciting.” This prospect and possibilities of Blockchain will undoubtedly have a socioeconomic influence in the coming years, and we look forward to going into Digital Pakistan with great aspirations and a positive impact,” he added.

While still in its infancy, Blockchain technology has the potential to enable decentralised and secure information storage and transit. In practically every industry, from energy to shipping to media, Distributed Ledger Technologies (DLT) are gradually replacing old business models.

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Making micropayments to consume entertainment is an example of Blockchain in everyday use. In Pakistan, a large-scale Blockchain implementation would result in minimal friction, a huge increase in customer trust, and, most significantly, empowered, connected people with a common vision of a successful, Digital Pakistan.

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