Official of the department of science and technology states that Blockchain can improve the national economy


An Iranian government vice-president for science and technology said that blockchain can help improve the country's national economy. His statements have been reported by the English newspaper The Tehran Times on December 16th.

Alireza Daliri, deputy head of management and resource development at the vice president for science and technology, said that blockchain is one of the new technologies on which Iran should coordinate with international partners, noting that "over 140 countries "are today benefiting from the invention.

It is said that Daliri has recognized the concerns of some countries for the possible risks of technology, but said that the positive potential of blockchain overcomes its disadvantages.

Reportedly, he outlined the principles of the blockchain infrastructure, emphasizing its immutability and strong cryptography, adding that the vice president has decided to implement the technology across multiple fields, if not specified. Daliri noted that the blockchain can rationalize cumbersome bureaucratic procedures and that the department would do its best to enable and support blockchain initiatives in the private sector.

According to The Tehran Times, a group of "blockchain experts" from Sharif University of Technology in Tehran announced this month that they are working to introduce the first Iranian blockchain taxi app, with the founder of the startup reporting that the team launched the its initial currency offered (ICO).

Although the government remains open to the blockchain, the Central Bank of Iran (CBI) has banned national financial institutions from managing decentralized cryptocurrencies last April.

During the spring, reports emerged suggesting that the Iranians were increasingly turning to Bitcoin (BTC) and other cryptocurrencies in the midst of internal economic turmoil before the US's early exit from the Iran nuclear agreement of the 2015 (JCOA).

Meanwhile, the Iranian National Center for Cyberspace has revealed that the draft of a state-supported digital currency project is ready, which has been declared a centralized means of circumventing international sanctions when the plan was officially confirmed in July.

This October, the US financial crimes enforcement network (FinCEN) called for cryptocurrency exchanges to monitor the use of the crypt by the Iranian side to evade sanctions.

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