Not exact matches
As the
country grapples with how to turn a mostly informal $ 2.2 trillion
economy into a
digital one, a number
of startups are popping up to make the transition slightly less painful.
The net effect
of these initiatives is that other
countries have stopped talking about
digital economy strategies and actually introduced and implemented them.
As the value
of the
digital currency has climbed, so has the amount
of energy needed to keep this online
economy running, which now exceeds the energy use
of 159 individual
countries, according to one controversial estimate.
In conclusion, this new Decree on
Digital Economy Development cements Belarus» status as a «crypto -
country» and opens up an entire world
of possibilities for IT companies specializing in blockchain and crypto - based products and solutions.
28 Mar 2018 entered into force the decree
of the President
of Belarus «On the development
of the
digital economy», which is aimed primarily at the development
of IT business in the
country.
The government and its appointees also claimed that with the GhanaPostGPS, every location would have a unique
digital address which would help to enhance the
country economy, especially address and location
of property.
The
Digital Addressing System, christened, Ghana Post GPS, which was launched on October 18, 2017, was part of the NPP's ideas to formalizing the country's economy by digitally mapping and proving a digital address to all locations and properties in the c
Digital Addressing System, christened, Ghana Post GPS, which was launched on October 18, 2017, was part
of the NPP's ideas to formalizing the
country's
economy by digitally mapping and proving a
digital address to all locations and properties in the c
digital address to all locations and properties in the
country.
He said Ghana had been taking concrete steps in formalising her
economy to broaden the tax base, and cited the National Identification System, the National Property
Digital Address System, digitisation
of the lands records and paperless ports system, which would help in building a new platform for revenue mobilisation and, thus, urged other
countries in the sub-region to emulate it.
By now, we are well aware
of the «
digital skills gap», which threatens the growth
of the
country's
economy, leaving those without skills at risk
of unemployment or becoming trapped in low - paid, unskilled work.
In addition to a deep - dive on the impact
of U.S. tax reform, we'll also address the OECD's work on financial transactions, key developments in taxation
of the
digital economy and expert insights and analysis on key transfer pricing issues including BEPS,
country - by
country reporting, attribution
of profits to PE's, APA's, the MLI and more.
This is the first step to a truly
digital economy and, hopefully, in a series
of measures that the
country badly needs to regularize and standardize its economic processes.
At the end
of 2017, Belarus President Alexander Lukashenko signed a «
Digital Economy Development Ordinance,» aimed at developing the
country's IT sector and attracting blockchain technology companies, capital and talent from all over...
«On the Development
of the
Digital Economy,» a presidential decree which was released on the 28th
of March, considers crypto - related activities as legal in the
country.
To crown it all, a special council will be set up with its primary responsibility being seeing to the development
of the
digital economy as well as coordinating digitization and will be headed by the Prime Minister
of the
Country, Andrei Kobyakov.
So chances are there that the world's first
digital currency, BITCOINS may get legalized in a
country which is dreaming
of becoming a
digital economy.
If the reports out
of India are true, the IMF's «fastest growing
country among emerging
economies» may have to meet its 7.4 percent GDP growth target in 2018 without the boost that the
digital currency industry has provided in the past.
It is therefore simply a
digital form
of debt from a
country with no financial credibility and that is badly mismanaging its
economy.
Earlier during the Forum, the first Deputy Prime Minister Igor Shuvalov said that Putin is really enthusiastic about the idea
of building a new
digital economy in the
country and shared that at the moment at least three directions
of Blockchain application are being explored and tested, which include the tracking
of goods, building identity as well as ownership rights protection systems.
With this rule, more people can make use
of the
digital currency within the
country thereby bringing a general flow
of its use to the
country's
economy.
Now the Minister
of the
Economy Bruno Le Maire says the
country is creating a working group led by the former BOF deputy governor that will study
digital currencies while also proposing regulatory standards.
«This is a clear vote
of confidence in our
country and the work being done in this sector, mainly by the latest policy launched to offer a regulatory framework
of DLT operations,» Malta's parliamentary secretary for financial services,
digital economy & innovation Silvio Schembri.