Turkey Taking the Centre Stage in the World of Blockchain in 2020

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Turkey is making huge strides toward becoming one of the world's premier locations for blockchain and cryptocurrency adoption.

The ING survey shows that Turkey is helping to drive the adoption of both cryptocurrencies and its underlying blockchain technology.

ING's research shows that 55% have learned about crypto online, compared to 33% of people across the continent, suggesting that they are actively engaged in learning about blockchain and its technological benefits.

In January, Konya Metropolitan Mayor U?ur ?brahim Altay said that the city's administration is looking for ways to develop its own cryptocurrency to power blockchain use in the city.

A team has been created in Konya to use blockchain to investigate new ways that local government services can benefit from decentralized ledger technology.

A report from the Konya Chamber of Commerce says the city has more than ten different smart city projects in development, including a payment system for contactless credit cards as well as a smartphone app to help citizens use the services augmented with new blockchain functionality.

What's next?With interest at such a level of hype within the industry, it appears only a matter of time before a Turkish project rises up and is considered a leading project, which will only spur more and more interest in the Turkish blockchain and crypto ecosystem.

With all that being said, blockchain in Turkey is primed for take-off, with the above winning combination of factors set to strengthen its position as one of the leading countries for blockchain use and cryptocurrency adoption.

Erhan Korhaliller, is the founder of Istanbul Blockchain Week and CEO of EAK Digital, a leading Blockchain PR firm.

Istanbul Blockchain Week will run from April 6-10, with the main event, Istanblock 2020, being held at the Hilton Bomonti Hotel on April 9-10, featuring a diverse range of high-profile speakers from the world of blockchain.

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