ASELSAN – Muhasebe News https://www.muhasebenews.com Muhasebe News Thu, 16 Sep 2021 08:09:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 The Central Bank of the Republic of Turkey established the “Digital Turkish Lira Collaboration Platform” https://www.muhasebenews.com/en/the-central-bank-of-the-republic-of-turkey-established-the-digital-turkish-lira-collaboration-platform/ https://www.muhasebenews.com/en/the-central-bank-of-the-republic-of-turkey-established-the-digital-turkish-lira-collaboration-platform/#respond Thu, 16 Sep 2021 08:09:46 +0000 https://www.muhasebenews.com/?p=115475 Press Release on Central Bank Digital Turkish Lira R&D Project
The Central Bank of the Republic of Turkey has signed bilateral memorandums of understanding with ASELSAN, HAVELSAN and TÜBİTAK-BİLGEM, and established the “Digital Turkish Lira Collaboration Platform”.

The Central Bank of the Republic of Turkey (CBRT) continues to research the potential benefits of introducing a digital Turkish lira to complement the existing payments infrastructure. As part of the Central Bank Digital Turkish Lira Research and Development (R&D) Project, the process that started with the completion of the proof of concept now moves on to the next stage with the participation of technology stakeholders.

The technological research, development and testing processes of the Central Bank Digital Turkish Lira R&D Project will be carried out in close collaboration with these technology stakeholders. Accordingly, the CBRT has signed bilateral memorandums of understanding with ASELSAN, HAVELSAN and TÜBİTAK-BİLGEM, and established the “Digital Turkish Lira Collaboration Platform”. In the light of the findings of the first phase, which involves preliminary testing of strategic and critical technologies related to the project, the plan is to expand the platform with the involvement of new participants.

For the first phase of the pilot study, the CBRT will develop a prototype “Digital Turkish Lira Network” and run limited closed-circuit pilot tests with technology stakeholders. Based on the results of those tests, the CBRT will unveil advanced phases of the pilot study that will reflect a broader participation. The CBRT also plans to carry out tests that may diversify the coverage of the Digital Turkish Lira R&D Project into areas such as blockchain technology, the use of distributed ledgers in payment systems, and integration with instant payment systems.

The CBRT has made no final decision regarding the issuance of the digital Turkish lira. All research is carried out as per the principles of experimental R&D activities. After capacity measurements of different technological alternatives are completed and the architectural setups are finalized, it will be decided whether the existing technologies can meet the economic, legal and financial requirements of the digital Turkish lira.

The results of the first phase will be announced in 2022 after the tests are completed.

Source: Central Bank of the Republic of Turkey
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]]> https://www.muhasebenews.com/en/the-central-bank-of-the-republic-of-turkey-established-the-digital-turkish-lira-collaboration-platform/feed/ 0 7 Turkish Companies in World’s Highest Defense Industry List https://www.muhasebenews.com/en/7-turkish-companies-in-worlds-highest-defense-industry-list/ https://www.muhasebenews.com/en/7-turkish-companies-in-worlds-highest-defense-industry-list/#respond Wed, 19 Aug 2020 11:30:06 +0000 https://www.muhasebenews.com/?p=90755 The number of Turkish defense companies in the world’s most prestigious defense industry list, US-based Defense News Magazine’s “Defense News Top 100″, rose to 7. ​

On merit of their revenues, Turkish companies ASELSAN, TUSAŞ, ROKETSAN, STM, HAVELSAN, FNSS and BMC made it to the list of the world’s most prestigious defense industry list.

“Some 4 years ago, we had only 2 of our contractors making the list. The rise to 7 companies as of today is another sign that our national defense industry is growing every other day,” commented Presidency of the Republic of Turkey Presidency of Defense Industries Head Ismail Demir. Progress from only 2 to as many as 7 Turkish defense companies on this international list over 4 years is great news to celebrate,” added Demir. 

Source: Investment Office of Republic of Turkey
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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