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Weekly review of highlights in Azerbaijan's ICT sector

ICT Materials 10 July 2021 17:12 (UTC +04:00)
Weekly review of highlights in Azerbaijan's ICT sector

BAKU, Azerbaijan, July 10

By Sadraddin Aghjayev - Trend:

Azerbaijan's PayRiff company informed this week about the PayRiff payment system’s expanding range of services for individuals, accelerating their delivery processes by applying innovations and fast services, as well as its plans to become international company, Trend reports.

PayRiff is currently providing payment solutions for online business with possibility of their further integration to business medium of an entrepreneur. Given the current situation (COVID-19 pandemic), the company is expanding e-commerce services to entrepreneurs who want to receive online payments and conduct e-commerce business, widening cooperation with banks operating in Azerbaijan.

Besides, distant solutions allow send the necessary documents for registration, creating an account, instantly integrating PayRiff solutions, signing contracts and accepting payments.

PayRiff company’s activity is mainly targeted on payment services in Azerbaijan. Then the services will be rendered in nearby countries (for example, in Georgia and Turkey).

This week, it was also reported that the scientific research in the field of information security, analysis and synthesis of cyber-physical and cloud systems on the Industry 4.0 platform is underway in Azerbaijan.

Moreover, the problems of information security management of e-government are being studied. The methods of ensuring information security in cloud and cyber-physical systems, technologies for intelligent monitoring of computer networks, as well as the methods for intelligent analysis of computer incidents in the internet environment are being developed.

Close ties are also maintained with leading research institutions of Turkey, Ukraine, Kazakhstan, Poland, Sweden and South Korea within the international scientific cooperation.

Within digitalization and development of ‘smart’ projects in Azerbaijan, the competitive opportunities of Kazakhstan’s business in the field of ICT, security and the concept of Smart City are being determined.

Kazakhstan is interested in using its practice in implementation of ‘smart’ projects in Azerbaijan, and Smart City Azerbaijan's partnership with big companies will allow, if necessary, to integrate world-class solutions into the country.

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Follow the author on Twitter: @agdzhaev

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