EddieJayonCrypto
4 Mar 25
Sri Lanka's 2025 national budget includes a $10 million allocation for digital transformation, focusing on emerging technologies to enhance productivity in key sectors. The investment will support a blockchain-based digital identity project and the establishment of new regulations for digital servic...
Sri Lanka's 2025 national budget includes a $10 million allocation for digital transformation, focusing on emerging technologies to enhance productivity in key sectors. The investment will support a blockchain-based digital identity project and the establishment of new regulations for digital services. Additionally, Sri Lanka aims to lead digitization initiatives in Southeast Asia, with plans to train residents in advanced technologies and reduce cash dependency through a central bank digital currency.
Alibaba Cloud has also launched a new cloud region in Mexico to support the country's digitization efforts and foster innovation and growth in the region. The cloud region will offer "secure, resilient and scalable" services for startups, organizations, and developers, complementing Mexico’s digitization ambitions. This expansion marks Alibaba Cloud's commitment to serving the technology market in Latin America, with plans to build an inclusive and thriving ecosystem in Mexico to foster innovation, collaboration, and sustainable growth across the region.