Interaction with Digital Business Confederation

With a view to mutually beneficial cooperation on the implementation of projects and initiatives in the field of digital financial technologies in the Republic of Belarus, Memorandum of Cooperation between the National Bank of the Republic of Belarus and Scientific and Technological Association “Digital Business Confederation” was signed on July 23, 2018 (hereinafter – the “Memorandum”).

The text of the Memorandum can be found here.

In pursuance of the Memorandum, the parties identified specific areas of cooperation:

  1. Development of open application programming interfaces;
  2. Development of distributed ledger technologies;
  3. Remote identification;
  4. Development of payment and settlement space;
  5. Artificial intelligence, machine learning and big data; and
  6. Cyber security.

For the purpose of implementing the Memorandum, a decision on the need to form working groups, as well as elect a responsible coordinating manager for each of six areas was taken.

Information on Digital Business Confederation can be found at the following link (available in Russian only).