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Participants of “Eurasian Digital Platforms” contest presented their projects to international investors

Participants of “Eurasian Digital Platforms” contest presented their projects to international investors

Participants of the Innovation Projects International Contest “Eurasian Digital Platforms” presented their developments to experienced international investors gathered at the “IT-InvestShow” within the “Eurasian Week – 2019” forum on September 26, in Bishkek.

“Today, five projects will be presented to investors and experts at the “IT-InvestShow”. These are the best projects of the contest held in 2018 and 2019. Investors will give their opinions on their strengths and weaknesses as well as development recommendations. In turn, the “IT-InvestShow” investors will be able to get acquainted with interesting innovative projects as well as contribute to developing the digital agenda in the EAEU Member States. I wish our projects to find strong partners, and investors – to find interesting areas of cooperation and development, which make our world more comfortable and better with the help of digital technology, – Khazhak Karayan, Director of the Information Technology Department of the Eurasian Economic Commission (EEC), stated opening the event.

The innovative project developments were considered at the “IT-InvestShow” by the following persons:

• Yury Melnichek, Founder of the Bulba Ventures Foundation,
• Olzhas Altaev, Director of Business Incubation and Acceleration Department, QazTech Ventures,
• Tariel Koshoyev, Head of Investment Department at Central Asia Capital,
• Aman Tentiev, Founder and Managing Partner, Tech FARM,
• Aleksey Alekseenko, Head of State Autonomous Institution “Technopark in High Technologies “IT-Park”,
• Aleksandr Uglov, Development Director of the Singapore Investment Holding Altergate.
The investors were addressed by representatives of innovative projects - winners of the 2019 contest: SmartCheck, E-Agro-Map, AgroStream, “Universal payment aggregator for online trading in the EAEU” as well as CertChain, finalist of the 2018 contest.

SmartCheck is a platform for authenticating products using microchips. The project offers an innovative idea that combines the NFC technology and a decentralized database. The service encodes chips and sends information to the brand that wants to protect its product.

E-Agro-Map is farmer’s e-maps that allow defining field boundaries, to size the possibilities of landing 33 crops and to establish links with processing and trading companies.

AgroStream is a software solution for managing processes of agricultural enterprises. Large agricultural producers engaged in crop production (with an area of more than 5 thousand hectares) are subjects of AgroStream automation. The service covers all spheres of the farming enterprise activities: from planning and controlling main business processes to analyzing production costs, plan-fact analysis, storing cropping history and preparing technological maps for each field and culture.

“Universal payment aggregator for online trading in the EAEU” is a payment platform that provides online trading platforms with payment instruments for all Member States.

CertChain is a web platform for rapid certification of goods and services with blockchain technology to protect the authenticity and store certificates. The platform allows applying for certification in three clicks and tracking its status in real time. All certification stages are transparent; a certificate is issued using blockchain technology upon their completion. The Member States’ certification market is estimated at 7 bln dollars. Over the next three years, the CertChain project plans to occupy 3% of the EAEU certification market, which will be approximately 210 mln dollars.

For reference
The Innovation Projects International Contest “Eurasian Digital Platforms” is an interstate project the Eurasian Economic Commission successfully implemented in 2018, implements in 2019 and plans to implement in 2020. The contest is intended to be a permanent international platform for expertise and exchange of practical experience in the sphere of digital transformation of the Member States’ economies. It should become a catalyst for the processes on forming a pool of consortia and cooperation ties, which will help significantly accelerate the implementation of the digital agenda and the formation of the Eurasian ecosystems in most sectors of the economy.