A new Turkish blockchain center is being launched at the Bahçeşehir University, in a move that is helping to promote cryptocurrency in Turkey. The move comes at a time when the crypto revolution is in full effect and seemingly taking place in every nook and cranny of the planet.

 

As many parts of the world are now looking to incorporate crypto into mainstream consciousness, the launch of this new Turkish blockchain center sparks exciting times for the nation were Eastern culture meets Western philosophy in a melting pot of cultural exuberance.

New Turkish blockchain center establishing crypto

More countries than ever before are on a crypto-crusade with the ongoing innovation of this revolutionary new blockchain technology, and Turkey is no different. It is an exciting time to be involved with crypto and blockchain. The Turkish crypto community recently made the news with a report that 18% of the nation already have cryptocurrencies.

 

The new Turkish blockchain center is being called the ‘Istanbul Blockchain and Innovation Center (BlockchainIST)’ and was launched on Friday (August 3) at the Bahçeşehir University (BAU), promising to be an epicenter for learning about the crypto industry and blockchain research with the aim of “creating the next generation of blockchain innovators.”

The local news agency, the Daily Sabah, has said that the BAU has created the blockchain center to “close the expertise gap in the market.” As the blockchain industry is still in its infancy, it is difficult for industry-related companies to find experienced and knowledgeable blockchain experts. This is where this new center is set to change things for the Turkish blockchain industry.

 

Bora Erdamar, the BAU director, was very upbeat and positive about the potential of the center that would see both students and entrepreneurs coming together to work on projects that could help drive exposure and interest in the Turkish blockchain scene. Bora went on to outline the aims of the Turkish blockchain center by saying that it will become “the most important center of research and development and innovation in Turkey,” and that the center will focus on many “scientific studies and publications made in blockchain technologies.”

Bringing the world together with crypto

One of the main aims of the center will be to bring together universities, government institutions, and the business world, such is the vast potential of blockchain technology. With this in mind, you can see how serious Turkey is in implementing blockchain and educating people regarding the technologies. Erdamor also noted that the new Turkish blockchain center would be “the first research and innovation center in our country to have been established within a university and it could transform humanity.”

Although these words are music to the ears of crypto-fanatics, not everyone in Turkey feels the same way about crypto. Turkey has a checkered relationship with crypto. Only last November, the directorate of religious affairs in Turkey said that the speculative nature of bitcoin was “inappropriate” to the nation’s Muslim community.

 

There might be some naysayers in some quarters of society, but the move to launch this exciting new Turkish blockchain center is going to take the crypto industry in Turkey to a completely new level.