• KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01174 -0.85%
  • KZT/USD = 0.00204 0%
  • TJS/USD = 0.09376 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
09 October 2024

Viewing results 1 - 6 of 21

Kazakhstan’s Largest Hackathon to Take Place Across the Country

Decentrathon 2.0, Kazakhstan's largest multi-location hackathon, will be held on October 18-19 across major cities, including Astana, Almaty, Shymkent, Karaganda, and others, gathering more than 2,500 developers from the country’s 17 regions to compete for a $50,000 prize. According to the Ministry of Digital Development, Innovations, and Aerospace Industry, participants will tackle challenges related to AI, Blockchain, GameDev, and Telegram mini apps. Additionally, a virtual job fair will offer developers the chance to connect with top companies and explore local and international career opportunities. Organized by the Blockchain and AI Technology Center (BAITC) and Astana Hub, with support from the Ministry of Digital Development, Innovations, and Aerospace Industry, this year’s hackathon will be an expanded including leading universities and tech parks, making it a truly national event. The inaugural event in 2023 gathered more than 1,500 participants from nine regions. Zhaslan Madiyev, Minister of Digital Development, Innovations, and Aerospace Industry, stated that: "Decentrathon is the first large-scale IT event spanning every region of Kazakhstan and one of the key initiatives of the Generative Nation movement this year. Our goal is to drive the country's AI transformation. Initiatives like this must have a national scope, providing young talents across Kazakhstan with the opportunity to contribute to technological and AI development." Magzhan Madiyev, CEO of Astana Hub, added, "AI engineers play a pivotal role in Kazakhstan's AI transformation. The Generative Nation movement’s initiatives focus on developing human capital in AI, enabling them to work on projects that will transform our country and have a global impact."

UNDP Helps Entrepreneurs in Kyrgyzstan Master E-Commerce

More than 50 entrepreneurs from Kyrgyzstan are learning about e-commerce through the "Janyration Sanarip" program, an initiative aimed at supporting micro, small, and medium-sized enterprises in the country, jointly implemented by the government of Kyrgyzstan and the United Nations Development Programme (UNDP), UNDP Kyrgyzstan reports. According to Nazarbek Malayev, Kyrgyzstan’s Deputy Minister of Economy and Commerce, "E-commerce opens up unique opportunities for domestic entrepreneurs to enter international markets, expand their customer base, and improve the competitiveness of their products. The Government of the Kyrgyz Republic is trying to create a favorable ecosystem where digital technologies contribute to business development and improve citizens' quality of life." Since 2019, e-commerce in Kyrgyzstan has been experiencing rapid growth, driven by the development of internet infrastructure and an increase in mobile payment users. However, the sector faces several challenges, such as a lack of consumer trust in online shopping and limited internet access in rural areas, where 60% of the population lives. In response to these challenges, the government launched the E-Commerce Development Program for 2023-2026, aimed at enhancing the competitiveness of local products in international markets and attracting investments. Within this initiative, UNDP provides comprehensive support to entrepreneurs, helping them acquire e-commerce skills and work effectively on global marketplaces. UNDP Resident Representative in Kyrgyzstan, Alexandra Solovieva, commented: "Digitalization is a key factor in bridging the digital divide and accelerating Kyrgyzstan's economic development. E-commerce improves access to services and creates new opportunities for local entrepreneurs. We are confident that the joint efforts of the Government and UNDP will contribute to sustainable and inclusive economic growth, particularly in rural areas where internet access remains limited.” Five hundred forty-two applications were submitted for the program, and entrepreneurs were selected based on several criteria, including having an existing business in Kyrgyzstan and a personal investment of at least 80,000 KGS (almost $1,000). These entrepreneurs, representing key sectors such as garment manufacturing, tourism, honey production, light industry, services, and trade, were selected from all regions of the country. Kyrgyzstan is the world's 96th largest market for e-commerce, with a predicted revenue of more than $359 million in 2024, placing it ahead of Uzbekistan. The country’s e-commerce revenue is expected to grow at a compound annual rate of 13.5% from 2024 to 2028, resulting in a projected market volume of $595.7 million by 2028.

Start of Robot Deliveries in Almaty

Almaty is now  using Yandex Qazaqstan robots for home deliveries of orders from restaurants and cafes via its Yandex Go service. Equipped with sensors, including lidar and cameras, which enable them to recognize objects and avoid obstacles and  pedestrians, as well as a neural network system capable of recognizing traffic lights and road signs, the robots move independently around the city. With a capacity of 60 liters, each robot's cargo compartment can accommodate, for example, several pizzas and drinks, accessed by customers via the Yandex Go app. During the first phase, the robots will operate within one city district but in time, travel further afield and expand connections between new cafes and restaurants. Welcoming the initiative, Zhanabek Olzhas Nurzhanuly, head of Almaty's digitalization department, said the use of the robots could help  make the city greener and more convenient for residents. In addition to making deliveries, robots have also appeared in Yandex Maps, where they can replace the usual navigation cursor via a simple app. update. Delivery robots are actively used in several countries. For example, Starship Technologies' robots have already made over 5 million deliveries in Estonia, the UK, and U.S.  In the latter, in partnership with Grubhub, they mainly serve university campuses, and in Europe, robots deliver food and goods via apps such as Bolt Food,

Swedish Company to Help Turkmenistan Establish Fast Payment System

The Swedish IT company "CMA," specializing in software solutions for financial markets, has signed an exclusive agreement with Turkmen company "Abraýly Işler", at the International Conference “HI-TECH Turkmenistan 2024.” Noting the value of cooperation in creating a national system of fast payments, CMA Regional Director Maxim Nescheret stated, “We have already implemented similar projects in more than 50 countries, and we hope to share our experience with Turkmenistan in creating this important system.” CMA, founded in 1983, currently provides over 37 central banks and many commercial banks worldwide with solutions for instant payment systems, central depositories, and automated clearing houses. Built on CMA's advanced technology platform for high performance, scalability, and security, the service is customized to meet each client's needs. In addition to the fast payment system, CMA is engaged in discussion with Turkmenistan's stock market regarding the possibility of creating basic services, including a central depository and settlement center, to help attract external investments and expand cooperation with foreign investors. Although Turkmenistan is actively modernizing its banking sector and digital payments, including the introduction of a contactless payment system and mobile applications to facilitate transactions, challenges remain. One of the main issues is the need for infrastructure to support fast and contactless payments. Although local banks such as Halkbank have introduced mobile apps and terminals for contactless transactions, their usage remains limited. Moreover, people often lose money due to bank failures and technical problems.

inDrive Poised to Open University in Kazakhstan and Environmental Project in Almaty

At a meeting on September 5 between Kazakhstan's Prime Minister Olzhas Bektenov and Arsen Tomsky, Founder and CEO of inDrive, a California-based global transport and urban services platform, a proposal was mooted to open an "inVision U University" in Kazakhstan, providing training for 400 qualified specialists in IT, education, science, and art. The Prime Minister also pledged support for the company's plans to implement several environmental initiatives to improve air quality in megacities; the first of which will be implemented in Almaty. Last year, in collaboration with Astana Hub and regional IT hubs, inDrive launched "Beginit", a free international social leadership program across six regions in Kazakhstan to enable 10th-grade students to implement social projects from concept to realization. Founded in 2013 in Yakutia, Russia, and incorporated in the U.S. in 2018, inDrive is now available in 749 cities in 46 countries. In 2021, its market value was estimated at $1.2 billion. In 2022, the company pulled out of Russia, and relocated to Almaty, Kazakhstan. In 2022 and again in 2023, inDrive was the second most downloaded ride-hailing app worldwide based on Google Play and App Store data. In addition to rides, inDrive offers a growing list of urban services, including intercity and freight transportation, handyman calls and courier delivery. In December 2023, Kazakh media reported that Arsen Tomsky had obtained Kazakhstani citizenship.

New Satellite Internet May Appear in Kazakhstan

Kazakhstan plans to agree with Amazon to use "Project Kuiper" satellite internet, a competitor to Elon Musk's well-known Starlink. Minister of Digital Development, Innovation, and Aerospace Industry Zhaslan Madiev said the agreement was signed during the Asia-Pacific Conference on Digital Transformation, which will be organized by UNESCAP in Astana. Madiev emphasized that competition between satellite providers will improve the quality of internet services for citizens at an affordable price. Amazon began deploying the Project Kuiper network by launching the first two prototype satellites last year. More than 3,200 satellites are planned to be deployed in the future, but a full-fledged launch has been delayed until the end of 2024. Kazakh Prime Minister Olzhas Bektenov, who participated in the conference, also said that the 5G network will cover all regional centers of Kazakhstan by the end of 2025. A Starlink pilot project was also launched in Kazakhstan; under this project, Starlink internet will be available to two thousand remote rural schools.