Pakistan must investigate cutting-edge technologies and the benefits they bring.
P@SHA applauds the Punjab Government’s initiative to take the lead on Web 3.0 and is pleased to provide insight into its policy and framework.
With policy uncertainty surrounding crypto and NFTs, this could be the first step in deliberating on the significance of digital currencies and Pakistan’s position in the digital landscape globally.
P@SHA values such government initiatives as an industry voice and looks forward to federal leadership exploring new technologies and improving legislation accordingly.
A week ago, the Punjab government has formed a committee to oversee the implementation of Web 3.0 in the province.
The committee was chaired by the Provincial Minister for Finance and includes the Punjab Minister for IT, the Secretary of Law, the Chairman of the Punjab Information Technology Board (PITB), the Director General of the PITB, the Chairman of the Pakistan Software Houses Association for IT and ITeS (P@SHA), and the Vice Chancellor of the Information Technology University (ITU), among others.
Representatives from the State Bank of Pakistan (SBP), National Bank of Pakistan (NBP), Bank of Punjab (BoP), Federal Board of Revenue (FBR), and Securities and Exchange Commission of Pakistan are also on the committee (SECP).
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