Belarus National Bank head about prospects of digital economy in Belarus

Belarus National Bank head about prospects of digital economy in Belarus

Technologies give a possibility to do great things. And today some finance specialists say that in about 30 years’ time Internet will become more important than oil. Others say that bitcoins are gold. Economy and industry are developing fast. Today technologies have an expiry date. A new mobile phone becomes out of date in a few weeks after entering the market.

How do cryptocurrencies influence the real sector and will digital technologies make Belarusian economy stronger? The head of the National Bank Pavel Kallaur has answered this question.

Pavel Kallaur, chairman of the board of directors of the National Bank of the Republic of Belarus:
The National Bank has an electronic document flow. And we have calculated that only in one year we have saved about 600 trees. Now imagine how many trees the whole county will save. If we add the issues of using robots – it is program software, which will help to carry out repeating actions automatically- we will free many people who do dead work. There will be a demand for specialists with modern knowledge. What does interesting and creative work for youth mean? It allows not only leaving these specialists in the country, but it allows them to earn a good salary as well. If we look at this complex, it has a very big meaning or the whole country.

SEE:
Belarus National Bank head does not believe in cryptocurrencies?
Belarus gets its own cryptocurrency
Belarus banking system plans to use blockchain