Kazakhstan wants to launch its own cryptocurrency G-Global based on the intellect.

The President of the Republic of Kazakhstan Nursultan Nazarbayev announced the intention to create a world cryptocurrency that will be based not on abstract trust but will be secured by specific assets, will be democratic and transparent.

The new cryptocurrency will be called G-Global. “It will help the world get rid of monetary wars, black-marketeering and decrease volatility at markets,” Nursultan Nazarbayev said at the 10th Astana International Forum (AIF)

Based on the idea of President Nazarbayev in Estonia, the communication platform G-Global Business Portal is established. The essence of this platform is the development of a new type of currency – G-Global cryptocurrency.  

The G-Global Business Portal is developing a new cryptocurrency, which is based on human intellectual potential. Consulting marketplace, under the leadership of Denis Tsyro, is engaged in a complex of works aimed at the modernization of enterprises in the real sector of the economy.  

According to Nursultan Nazarbayev, the technical progress the most obviously will affect the state of the labor market. Hanon Barabaner, The Deputy Chairman of the Eurasian Economic Club of Scientist,  said that the basis for the formation of the new cryptocurrency G-Global will become the human intellectual potential.

The founder of the company CronoBank, Sergei Sergienko has developed the TIME token that allows measuring the efficiency of the employee during his working hours and informs the employer about the usefulness of the employee at the enterprise. The TIME token will be integrated into the G-Global Business Portal system.

G-Global Business Portal is an international communication platform designed to unite experts from around the world. The project itself is a tool for robotization, creation of the «smart» factories and enterprises and also for digitization of the real sector of the economy.

Mikhail Korb, a Member of Parliament and the Secretary-General of the Centre party of Estonia approved the activity of the G-Global Business Portal as it corresponds with the country’s economic development policy in the field of information technology.


The founders of the G-Global Business Portal at Harvard University, USA From left to right: the Head of the G-Global Business Portal Denis Tsyro, the Deputy Chairman of the Eurasian Economic Club of Scientists Hanon Barabaner.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

You may be interested

shares18 views

Iceland’s Industry to Shift From Crypto Mining to ‘Pure Blockchain Business,’ Insiders Say

Brian Evans - Sep 23, 2018

Iceland is expected to shift from crypto mining to “pure blockchain business,” claims chairman of a local data center provider

shares23 views

Hodler’s Digest, September 16-23: Elon Musk Wants Advice on Twitter Crypto Scammers, the US SEC Wants Comments on BTC ETFs

Brian Evans - Sep 23, 2018

Elon Musk wants those pesky Twitter crypto scammers gone, and Japan suffers yet another crypto exchange hack — read more in this week’s Hodler’s Digest

Bitcoin Analysis
shares21 views

Bitcoin Price Nears $6,800 Resistance as Crypto Market Records Large Gains

Brian Evans - Sep 23, 2018

Over the past few hours, Bitcoin has recorded a slight 1 percent increase in price, nearing the $6,800 resistance level. The rest of the crypto market recorded…

Most from this category

%d bloggers like this: