January 9, 2018
Estonia has announced the establishment of the G-Global Business Portal, a consulting marketplace which has the main objective of ensuring the modernization of the Estonian economy by attracting advanced technologies.
The business was created as an initiative of the President of the Republic of Kazakhstan, Nursultan Nazarbayev. In his speech at Cambridge University in July 2012, the president described the project:
“Today, G-Global is an international virtual platform at Astana Economic Forum, established by the Eurasian Economic Club of Scientists Association”
Hanon Barabaner, the Deputy Chairman of the Eurasian Economic Club of Scientists is directly involved in the development of G-Global Business Portal as a Scientific Director. According to Professor Barabaner,
“G-Global Business Portal will become an instrument that meets modern requirements for the development of the economy and society to combat the global crisis.”
The portal is a universal platform for communication aimed at sharing knowledge and experience. The consulting marketplace unites experts from all over the world in the fields of finance, business, technology, and science.
G-Global Business Portal is a blockchain-based platform that cooperates with the AngelVest cryptofund and also integrates the ChronoBank system into its work. The ChronoBank system provides efficient human resources management. Denis Tsyro, the head of the G-Global Business Portal, is sure that one of the tools for modernizing the economy will be blockchain technologies, robotics, and cryptocurrency.
President Nazarbayev noted the need to update the currency system, the emergence of a new type of currencies and a new type of relationship between different currencies. G-Global Business Portal deals with the development of such a new type of currency in the form of the G-Global token which meets the criteria for a cryptocurrency defined by President Nazarbayev who explained that it is easy to use, transparent and democratic.
According to Professor Barabaner, the basis for the formation of the G-Global Token is the use of human intellectual potential.
To advance the project, in May 2018 the G-Global Business Portal will launch an ICO.
The project was approved by Member of Parliament and the Secretary-General of the Centre Party of Estonia, Mikhail Korb as the G-Global Business Portal corresponds with plans to modernize the Estonian economy through the use of technology and because it will lead to a new financial instrument.