SIChain: making Slovenia the first country in history to launch a blockchain test infrastructure
Powered by HashNET and Telemach
Tolar HashNET, 4th generation blockchain, in cooperation with Telemach, leading Slovenian telecommunications provider, have launched a SIChain, making Slovenia the first country in history to establish a blockchain test infrastructure. The official launch took place in Ljubljana on December 11, 2019.
SIChain will enable the testing of existing and new blockchain applications for public and private sector as Tadej Slapnik, director of HashNET Slovenia emphasized.
Minister for Economic development and technology Mr. Zdravko Počivalšek emphasized the importance of the impact of blockchain technology for economic development, efficiency, productivity and competitiveness of Slovenian economy.
In 2018, the Ministry launched a call for Demo/Pilot projects funded from EU funds and 73 million EUR were allocated to the projects planning use of blockchain technology. The findings from these projects will also help Slovenian government to create regulatory solutions for specific industrial verticals using blockchain, with the introduction of smart contract definition to Slovenian Corporate law, and with the perspective to regulate digital entity and regulatory sandboxes for different fields of industry and public sector.
As one of most active countries in blockchain technology, Slovenia shows an evidence of growth of the use of emerging — key enabling technologies. Slovenia has a high amount of high skilled IT professionals therefore, the knowledge and the new markets boosted Slovenian blockchain visibility and recognition, as stated by Nena Dokuzov, responsible for blockchain technologies at the Ministry of economic development and technology.
Tolar HashNET aims to become a favorable solution for enterprises and governments by providing a fast and secure public ledger built on top of the HashNET technology and to create ecosystem of solutions and partners that will use this unique technology to solve problems with existing systems or provide new functionality that was not available before.
Telemach is the leading telecommunications provider in Slovenia, focusing on advanced, high-quality and customer-centric services that make the entertainment and communications world easily accessible — at home or on the go and across all devices. With the highest quality customer care and constant investment in technological innovations, they provide the highest quality services to numerous private and business users in Slovenia.
