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Azerbaijan to use blockchain technology in various spheres

ICT Materials 15 January 2018 19:52 (UTC +04:00)

Baku, Azerbaijan, Jan. 15

By Huseyn Valiyev – Trend:

Buroka Technologies company will deal with using blockchain technologies in Azerbaijan’s various spheres, head of the company's representative office in Azerbaijan Sabina Mammadli told Trend Jan. 15.

“These tasks will be entrusted to a team of the company’s specialists who will work for this innovation to be applied in the financial sphere, insurance and other spheres,” she said.

"Everything will depend on interesting projects," she said.

The blockchain technology is a continuous sequence of blocks, containing information, created upon certain rules. The technological community has been originally developed for the digital currency, bitcoin, but presently, the technology community is looking for other options for using this technology.

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