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2020/08/02 16:58:49

Digital economy of Belarus

Content

2020

the Ministry of Communications of Belarus submitted the state program for digital development of the country

At the end of July, 2020 the Ministry of Communications and Informatization of Belarus submitted the concept of the state program of digitalization of the country for 2021-2025.

In this document it is told about implementation of creation and development of modern information and communication infrastructure, implementation of the innovative solutions in branches of the economy and technologies of the smart cities and also to information security support of such solutions.

The Ministry of Communications and Informatization of Belarus submitted the concept of the state program of digitalization of the country for 2021-2025

Also the Ministry of Communications intends to focus on improvement of electronic state services to provide "a uniform scope with modern technologies of access to public services of the population of the whole country, excepting formation of "digital divide" between the city and rural areas", emphasized in the ministry.

Republican state bodies and also local executive and administrative organs will act as customers of actions of the developed state program as these actions to concern development of technologies of the smart cities. Directly to digital transformation of the real sector of economy it is going to attract the Belarusian IT companies.

As reported in Ministry of Communications, it is also going to develop augmented reality, technologies of wireless communication, Internet of Things, industrial Internet of Things, robotics components, secsorics and other directions.

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It is as a result supposed to create bank of standard solutions for digital development that will allow to implement the accelerated rates the solutions functioning on the basis of advanced technologies in various sectors of the economy — it is specified in the message of Ministry of Communications.[1]
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Department noted that information technologies began to play the leading role in life of modern society and processes of economic development.

12 Belarusian banks will release tokens for attraction of national and foreign currency

On June 10, 2020 it became known that the National bank of Belarus permitted 12 banks to release tokens in the country and to perform with them operations. The experiment which will begin on January 1, 2021 and will last till January 1 of the 2024th is for this purpose initiated.

To the Belarusian banks will allow to create, place, buy, alienate and to store tokens through mediation of residents of the Park of High Technologies (PHT). Therefore responsible for proper identification of owners of tokens of bank will be residents of the park.

The Central Bank of Belarus permitted 12 banks to release tokens in the country and to perform with them operations

Banks will be able to sell tokens for currency and/or Belarusian rubles and to pay to their holders interests or the specific amount. It will be possible to attract currency only from foreign citizens and the companies.

Also active transactions in the form of acquisition of tokens of the third parties will be resolved. It is supposed that participation in an experiment will be limited 10% of the normative capital of banks. It is supposed that  the National bank will receive powers to set features of carrying out by banks of transactions with  tokens and  to control such activity.

To participation in an experiment on  creation and  placement of tokens, commission  of transactions with them the following banks are invited: 

The National Bank considers that carrying out such experiment will allow banks to offer the wide list of products based on a blockchain.

It should be noted that Belarus  became  one of the first countries which completely legalized work with cryptocurrencies. At the end of 2017 in Belarus there was Decree No. 8 "About development of digital economy" which laid the foundation for creation of the cryptocurrency industry in the country. The legislation of the country is adapted for all aspects of cryptocurrencies — in particular, ICO, a blockchain, the exchanges and the tokenized assets.[2]

Шаблон:Subject Belarus

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