National Agency of Perspective Projects of the Republic of Uzbekistan -
government agency responsible for regulation, licensing, and implementation of licensing procedures in the areas of crypto asset turnover, capital market, insurance, e-commerce, lottery organization and bookmaking activities.
The perspectives of a digital economy and blockchain in Uzbekistan are estimated as very promising. The President Decree dated September 2, 2018 formed the basis of a free activity of companies in the sphere of crypto-assets sales volume and blockchain technologies.
Moreover, such technologies are being implemented in the public sector via public and private partnership.
The Digital Trust Fund was established to handle the tasks as follows:
The financing of the Fund is aimed to promote the projects in the field of digital economy, blockchain technology and crypto-exchanges.
The Fund is free of tax and custom duties until July 1, 2021.
The remarkable thing is that on November 12, the first pilot implementation of blockchain technology in Uzbekistan was launched, namely in the field of automated registry system for the SUE "State Centre for Expertise and Standardization of Medicines, Medical Devices and Medical Equipment". The centre is now protected from any data manipulation in such a way.
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