Blockchain Firm Fantom Unveils Pilot Project with Afghan Energy Giant
Blockchain company Fantom has shared details of a new partnership with Afghanistan’s largest energy company. The deal will see Fantom develop the technology for an auditing system that will enable Da Afghanistan Breshna Sherkat (DABS) to drive greater efficiencies. If successful, the pilot could be extended, showcasing the capabilities of Fantom’s blockchain stack while supporting DABS’ efforts to provide power across Afghanistan.
Although the country may seem an unlikely testbed for a blockchain pilot, Fantom has form for inking agreements in the country. Earlier this year, it struck a deal with the country’s Ministry of Health to develop a blockchain pilot for combating counterfeit medicine. The country, despite lacking the infrastructure of more developed nations, has proven receptive to new technology. Blockchain adoption in a country like Afghanistan provides a clear demarcation between old systems and new, while innovation can flourish in an environment that is mercifully free of red tape.