Solana Foundation just signed a key agreement. It partnered with the Government of Kazakhstan. This marks a significant first.
It is SOL‘s debut state partnership in Central Asia. The collaboration will establish a “Solana Economic Zone.” Kazakhstan aims to become a blockchain hub. This initiative promotes Web3 technologies. It also seeks to attract global talent.
Forging a Web3 Accelerator
The new project features a special economic zone. It will act as a technology accelerator. This model mirrors Dubai’s Crypto Centre. Kazakhstan’s Digital Development Minister welcomed the move. Zhaslan Madiyev called it a vital step. It benefits the country’s economy. The global crypto ecosystem gains too. “We build resilient digital infrastructure,” Madiyev stated. This zone tests next-gen solutions. It includes asset tokenization. It also trains Web3 talent.
Three Pillars of Development
The Solana Economic Zone targets three goals. First, it develops tokenized capital markets. A pilot project will integrate tokenized products. This happens with the Astana International Exchange (AIX). Solana Foundation, Jupiter, and Intebix will assist. Second, it creates a Web3 developer community. Training programs will launch with local universities.
They focus on the Rust programming language. Third, it provides infrastructure and incentives. The zone offers regulatory support. It ensures infrastructure access. Business incentives attract blockchain companies to Kazakhstan. This partnership aligns with Solana’s vision. It strengthens global state relations. Kazakhstan boosts its digital economy role.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/kazakhstan-embraces-solana-central-asias-first-blockchain-zone/