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China, which is considered one of the world’s most powerful civilizations, has made an announcement of its own virtual money for its citizens.

This unique digital money, dubbed the “digital yuan,” will be entirely owned by the nation’s central bank, according to the Wall Street Journal. It does, however, have significant distinctions from Bitcoins and other currencies. It will lack the secrecy and non-traceability of Bitcoins.

Instead, it will provide the nation with a clear picture of the industry. China’s digital currency has been in production since 2014, when bitcoin began to gain popularity these days, including a statement by TOI.

The Ministry of Information Technology and Telecom wants to put out 5G in 2023, as the telecom industry’s market size has increased to $16.9 billion after garnering $1.2 billion in foreign direct investments in the last three years.

The ministry highlighted in a recent presentation on the sector’s performance to Prime Minister Imran Khan that projects have been launched for “deep fabrication” by the Universal Service Fund (USF) to expand telecom services and internet even in remote and backward areas in order to meet future digitization requirements across the country and the launch of future technological needs such as 5G.

Over 10,000 kilometers of optical fiber cable will be constructed across the country between 2018 and 22 to provide high-speed internet to 1,175 municipalities and union councils. According to the ministry, USF projects have covered nearly 1,800 kilometers of unimproved road network in Baluchistan, including highways and motorways.

Minister for IT and Telecom Syed Amin ul Haq said the government was betting heavily on boosting IT service exports to $5 billion by the end of 2022-23, while remarking on the project’s importance.

“We will provide affordable and high-speed internet to people in tiny villages, and I am confident that even girls from KP and GB would succeed as freelancers while working from home,” the minister stated.
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An industry-led initiative “Game Train” has recently caught the limelight as it is working for filling the gap between the academia and corporate industry. The intellectual minds behind this initiative are the five- game-changers who share a common goal of gathering talented people from the market and chisel the talent pool.
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According to the officials, in order to provide opportunities to all students for up-skilling their academic knowledge and gets hands-on experience with proper training to succeed in their career-related to top gaming studios, the CEO of Game Train, Masooma Zeeshan has partnered with other successful corporate personalities such as the CEO of FRAG Games -Ali Ihsan, the CEO of Game Storm Studios – Raheel Iqbal, the CEO of Game District – Saad Hameed, and the CEO of GenITeam Khurram Samad.

Game Train is enthusiastically striving to contribute to the economy successfully as this platform identifies, trains, and place the motivated and deserving candidates in the top companies of Pakistan. The last Unity Co-Hort of Game Train had trained around 20 fresh graduates with a thriving success rate of 95% in the job placements in the existing market.