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Komfie Manalo, Opalesque Asia: Stepwyze.io, a blockchain developer and software solutions provider, is launching a cryptocurrency project that would be the first of its kind for global Special Economic Zones (SEZs). The SEZT.io cryptocurrency will be initially developed for use within the SEZs but will be used in a wider scope as adoption increases, said Stepwyze.io CEO Todd Kandaris.
Kandaris said, "The SEZT.io represents a value proposition for the creation of a digital economic ecosystem, specifically tailored for the use of blockchain applications, and to provide a utility token as the medium of exchange, initially used within, and between qualified special economic zones globally."
Stepwyze.io has identified at least 31 countries with SEZs. They are: Bangladesh, Belarus, Cayman Islands, Cambodia, China, Cuba, Democratic Republic of the Congo, Greece, Egypt, Ethiopia, India, Indonesia, Iran, Jamaica, Malaysia, Mauritius, Mexico, Myanmar, Nigeria, Democratic People's Republic of Korea (North Korea), Pakistan, Panama, Philippines, Poland, Republic of Korea (South Korea), Russia, Thailand, Ukraine, Uzbekistan, Vietnam, Zambia.
Furthermore, Kandaris emphasized that many of these countries operate multiple SEZs within their jurisdictions, multiplying the potential for the inclusion of additional SEZT consortium members.
In anticipation of launching the SEZT.io cryptocurrency, Stepwyze has signed a Memora...................... To view our full article Click here
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