Through a joint venture with AG Mentors Group, Fantom’s superfast blockchain technology will be utilized to modernize government and business technologies.
Highlights of the Pilot Program:
The Afghanistan Ministry of Industry and Commerce and Fantom have signed a Memorandum of Understanding (MoU) to
upgrade the Ministry’s information infrastructure.
Under the contract terms, Fantom will
digitize archives, create a
blockchain-based tools for transparency and efficiency.
Upon successfully demonstrating the prototype, The Ministry of Industry and Commerce and Fantom will explore contract agreements and a
long-term, formal relationship.
A fully functioning prototype that will extend across all Ministry systems is expected to be completed within four months. Following the successful demonstration of the software, Fantom and the Ministry will discuss long-term plans for continued development.
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The world-renowned blockchain solutions provider, Fantom Foundation, will soon collaborate with the Pakistan Private Educational Institutions Regulatory Authority (PEIRA) to launch a blockchain-based Enterprise Resource Planning (ERP) software.
The new software that was originally hailed as a Database Management suite for product trials will enable real-time database audits and information oversight at the concerned academic institutions.
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Expressing his delight for the partnership with PEIRA, Fantom’s Operations Chief, Barek Sekandari, said,
Our ERP/CRM products bring transparency and accountability to the complex database systems used by civic and governmental organizations. We note that our solutions align with the broad trend in Pakistan, encouraged by Prime Minister Imran Khan’s government, towards the adoption of new technology to increase efficiency and oversight, and we look forward to helping more organizations in this transformation.