• The Central Bank of the Republic of Türkiye (CBRT) has announced the successful first payment transaction using the Digital Turkish Lira.
• CBRT plans to scale up its pilot test program in 2023 with selected financial institutions and conduct a viability use case until 2025.
• CBRT will also share findings of the Digital Lira pilot test program with the public in a comprehensive report.

The Central Bank of the Republic of Türkiye (CBRT) has recently announced the successful first payment transaction using the Digital Turkish Lira. This move comes as the county continues to grapple with high inflation under the rule of President Tayyip Erdogan. The CBRT aims to find out the viability of the Digital Turkish Lira with vigorous testing to ensure that the underlying distributed ledger technology does not fail after rollout.

In order to test the validity of the project, the CBRT has planned to scale up its pilot test program in 2023 with selected financial institutions and conduct a viability use case until 2025. The pilot study will involve banks and financial technology companies and will involve advanced phases of the pilot study that will further widen the scope of the project. The findings of the Digital Lira pilot test program will be shared with the public in a comprehensive report. In addition, the CBRT aims to explore how digital identification will affect the Digital Lira program.

The Digital Turkish Lira is expected to provide a more secure and efficient payment system, which is highly beneficial for businesses and consumers in the country. Additionally, the CBRT’s initiative to improve the digital payments infrastructure in the country is expected to spur economic growth and development in the long run.

The CBRT has also noted that the Digital Turkish Lira is still in its early stages and needs further refinement before it can be rolled out for public use. In order to ensure that the project is successful, the CBRT will be working closely with the relevant stakeholders to ensure that the Digital Turkish Lira meets the highest standards of security and efficiency.

In conclusion, the Digital Turkish Lira is a promising solution for Turkey which is expected to have a positive impact on the country’s economy and its citizens in the long run. The CBRT has been working diligently to ensure that the project is successful and has outlined a clear plan for the pilot study and testing of the Digital Turkish Lira. With the successful first payment transaction already complete, the future of the Digital Turkish Lira looks bright.

• EQBR Holdings (“EQBR”) announced the unveiling of EQ Hub, a next generation blockchain development platform at upcoming CES 2023.
• EQ Hub provides no code programing environment for both business users and developers. It also provides a rich smart contract library for developers to build a broad range of dApps quickly.
• With EQ Hub, developers can build and operate a brand new L1 blockchain network using a very simple user interface in less than an hour.

EQBR Holdings (“EQBR”), a Web3 business solution provider, recently revealed that they will be unveiling EQ Hub, a next generation blockchain development platform at the upcoming CES 2023 to be held in Las Vegas between January 5, 2023 and January 8, 2023. This revolutionary product seeks to remove any barriers in Web3 technology adoption and make the process of blockchain development easier and more accessible for everyone.

EQ Hub is a comprehensive blockchain development platform that provides both business users and developers with the tools they need to build and deploy dApps on the blockchain. For business users, EQ Hub provides a selection of pre-built dApps that can be quickly configured and customized to suit their needs. It also provides a simple user interface that makes the process of setting up a new blockchain network as easy as a few clicks.

For developers, EQ Hub provides a rich library of smart contracts that allow them to quickly and easily build a broad range of dApps including DeFi, games and NFT. What sets EQ Hub apart from other blockchain development platforms is that developers can build and deploy a new blockchain network on the Equilibrium mainnet in less than an hour. Moreover, the EQ Hub service is available in the cloud so any developer can connect to it and start building.

Hyunki Lee, the Chief Technology Officer of EQBR, commented on the unveiling of EQ Hub: “We are very confident that Equilibrium’s performance surpasses other blockchain mainnet in terms of scalability and stability but using EQ Hub does not necessarily mean developers must use the Equilibrium mainnet. Developers may build their own mainnet using EQ Hub and interoperate with other L1 blockchain networks such as Ethereum or BNB using our gateway service. We do believe that our product will make a significant contribution to the Web3 development ecosystem.”

EQBR is set to launch EQ Hub at CES 2023 and will be offering a free trial period for all developers who sign up and start building. With the launch of EQ Hub, EQBR is hoping to make blockchain development easier and more accessible to everyone.

• 3HOUSE is a Web3 investment community designed to provide exclusive access to a community of informed investors.
• The platform aims to provide timely and credible information to its users in order to help them accumulate wealth in the Web3 space.
• The team behind 3HOUSE was assembled to address the challenges faced by new investors in the rapidly growing Web3 industry.

3HOUSE is a new Web3 investment community that is being developed to provide exclusive access to a community of informed investors. The platform aims to provide a comprehensive source of high-quality investment-related content and to be a home for Web3 investors looking to accumulate wealth in the Web3 space.

The decentralized global development team behind 3HOUSE was assembled with the goal of addressing the challenges faced by new investors in the rapidly growing and constantly evolving Web3 industry. The team behind 3HOUSE recognized the need for a moderate curation and promotion service for important and timely information and, as a result, set out to create a platform that could cut through the noise and offer a sense of community to its users.

3HOUSE strives to provide its users with exclusive access to credible, timely information. This information is crucial for investment success and the team behind 3HOUSE aims to create a platform that can help drive adoption in the Web3 space, especially during market downturns.

The team behind 3HOUSE believes their platform will be the go-to destination for Web3 investors looking to connect, learn, and grow their strategies. 3HOUSE will feature a wide range of content tailored to both short-term traders and long-term value investors, helping users to make informed decisions and to stay up-to-date on any developments in the Web3 space.

3HOUSE Head of Business Development, Dylan O’ Hanrahan, said,”We are excited to be building a platform that will serve as a hub for Web3 investors looking to connect, learn, and grow their investment strategies. 3HOUSE will feature a wide range of content tailored to both short-term traders and long-term value investors, helping users to make informed decisions and to stay up-to-date on any developments in the Web3 space. We believe that access to credible, timely information is crucial for investment success and aim to create a platform that can help drive adoption in the Web3 space, especially during market downturns.”

The team behind 3HOUSE is committed to creating a platform that is a net positive for the industry and will serve as a hub for Web3 investors looking to connect, learn, and grow their strategies. 3HOUSE is set to debut in December 2022 and will bring a much-needed resource to the Web3 space.