Turkey's Konya intends to use blockchain technology to manage social assistance reserve funds

The Turkish city of Konya plans to establish a "Technology Valley" with the help of Konya Science Center and establish a team to apply blockchain to municipal services. "Tech Valley" head Ali Osman Çıbıkdiken said that the first thing his seven-person blockchain development team did was "find a way to raise funds for social projects using blockchain technology." The project will enable local governments and others Stakeholders can manage social assistance reserve funds on the blockchain. The city plans to launch a project prototype in six months and put it into use within one year.