Fantom to pilot blockchain-based IT solutions in Uzbekistan

Fantom’s presence in Central and South Asia has expanded to Uzbekistan, with the partnership focusing on upscaling the country’s information technology infrastructure.

The Fantom Foundation has announced a joint venture with AG Mentors Group headed by former Uzbekistan Deputy Prime Minister Elyar Ganiev.

According to the announcement published on the Fantom Blog on Wednesday, the collaboration will use Fantom-based blockchain solutions to modernize the country’s IT infrastructure.

Fantom’s partnership with AG Mentors comes amid the Uzbekistan government’s digital transformation agenda. Back in 2020, President Shavkat Mirziyoyev laid out a plan to utilize digital technology to improve public services in the country dubbed “Strategy for Digital Uzbekistan.”

Fantom will reportedly provide tailored blockchain-based solutions in areas such as supply chain management, central bank digital currency and enterprise resource planning, among others.

According to the announcement, the Fantom Foundation plans to draw on its experience working with other governments in Central and South Asia.

Indeed, as previously reported by Cointelegraph, Fantom is currently engaged in a public-private partnership agreement with the government of Tajikistan. Fantom’s operations in Tajikistan are also tailored toward the IT sector with a focus on driving modernization in the country.

Apart from its partnership with the Tajik government, Fantom also has collaborative projects in Pakistan and Afghanistan. In Pakistan, Fantom is involved in developing blockchain-based solutions for the Punjab Prisons Department, while in Afghanistan, the blockchain project is working with the Ministry of Health to utilize decentralized technology in combating the spread of counterfeit pharmaceuticals.