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Digital tenge can be used for social payments in Kazakhstan.

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Казинформ · · Source

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Digital tenge can be used for social payments in Kazakhstan.

Digital tenge can be used for social payments in Kazakhstan.

This was announced by the Deputy Chairman of the National Bank of the Republic of Kazakhstan Binur Zakhlanov in an exclusive interview with a Kazinform reporter.

According to him, smart contract technology makes it possible to control the targeted use of funds and is already used in the implementation of the state budget.

"In the future, the digital touch may also enter targeted social payments, where it is important that the funds reach a specific recipient and be used for their intended purpose," said Binur Zhelanov.

More than 353 billion digital tenge have now been put into circulation. In the coming years, they plan to increase the scope of operations to 2 trillion tenge.

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