Blockchain is being employed in numerous areas across sectors in all parts of the globe moving into 2019, but the education department of the Kazakhstan capital of Astana has found another use for it to keep parents happy.
Admissions to kindergartens in Astana have been painfully slow as children start their road to education, and parents have been waitlisted as a result in many of the city’s schools. The management of the waiting lists has meant that priority for admission is given to children whose legal representatives are disabled or to those without parental care, from large families or with special educational needs.
The Department of Investments and Business Development in Astana has come up with a solution to speed up the whole process for parents by applying blockchain technology. The old digitalized system of data storage led to incorrectly stored information, often delaying the admission process even further.
A new blockchain-based database will be launched on 1 February, apparently inspired by services like Booking.com, Uber, and Airbnb. Now parents will be able to choose their kindergarten based on the schools ranking and the educational program provided for their children.
Kazakhstan’s President Nursultan Nazarbayev is calling for the regulation of cryptocurrencies in the central European country as currently there is no structured framework. In the latest development, an executive body of the Eurasian Economic Union (EAEU), which includes Kazakhstan, released a report on cryptocurrency with a view to regulation in the region. Other countries contributing to the report included Russia, Armenia, Belarus, and Kyrgyzstan.
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