Tunisian Government Forms Strategic Partnership With Russia’s Universa Blockchain Platform

According to a recent press release, the Tunisian Internet Agency (ATI) has joined hands with Russian blockchain platform ‘Universa’, in an effort to provide the firm with an array of web hosting services.

The ATI came into existence more than 20 years ago and is under the direct control of the Tunisian Ministry of Communication (with the goal of the body being to promote internet use within the nation).

Details Of The Case

As per a spokesperson for the ATI, the government agency has agreed to a ”10-year renewable strategic partnership with Universa” in an effort to provide the platform with hosting services that will help facilitate its overall development.

To be even more specific, the ATI will work towards a plethora of objectives including:

  • The development of various value-added services.
  • Digitization of official documents and paperwork.

Additionally, it is also being reported that ‘Universa’ is striving to create a host of new applications and services so as to integrate them into niche’ Tunisian initiatives such the country’s “blockchain e-certification” and “asset digitization” programs.

Not only that, the two entities are also looking to cooperate with one another so as to create joint projects related to the field of blockchain as a service (BaaS), smart cities and e-governance.

Lastly, some of our regular readers may remember, earlier this month, the Saudi based Islamic Development Bank Group (IsDB) teamed up with Tunisian firm ‘iFinTech Solutions’ in an effort to develop certain interbanking blockchain tools.

Through the use of this blockchain initiative, Islamic banks can now fund themselves with relative ease (something that was previously quite difficult since since taking money from non-islamic entities is considered to be ‘haraam’ in the Muslim faith).

Final Take

There is no denying that blockchain technology has seeped into the global finance sector in a big way over the past couple of years.

For example, a couple of months back, a group of experts working with the World Bank released a document which stated the following:

“Though the implementation of e-GP [business-to-government] systems has contributed to enhanced efficiency and transparency in Government Procurement, there is potential for further advancement of the existing systems,”

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