Ziad Khalaf: The Iraqi Summit For Digital Transformation Is A Gateway To The Country’s Development

Ziad Khalaf: The Iraqi Summit For Digital Transformation Is A Gateway To The Country’s Development

زياد خلف: القمة العراقية للتحول الرقمي بوابة لتطور البلاد | وكالة الصحافة المستقلةThe Independent / – The Iraqi Digital Transformation Summit dealt with the prospects for digitization and the transition towards electronic transactions and automation and the role of governance in the development that the country seeks for the Iraqi economy.

The conference, organized by Frontier Exchange, with wide global and local participation, shed light on the available opportunities and challenges, in order to advance the reality of digitization and electronic transactions in the country.

The Chairman of the Board of Directors of the Development Bank, Ziyad Khalaf, said: Humanity is now living in the fourth industrial revolution, which is the Digital Revolution, which is an objective merit and an extension of the third industrial revolution, which is the Information Revolution that we have witnessed at the end of the last century. A strategy related to building the information and communication technology sector that includes a number of basic goals and objectives corresponding to the goals of the World Summit on the Information Society, aiming to open investment horizons, most notably investment in the telecommunications and information technology sector in order to make the center of Iraq within the technologically advanced countries, which will open new investment doors that enhance Economy, financial returns, and great job opportunities for Iraqi youth.

He pointed out that the Central Bank of Iraq launched the “digital enrollment service”, which is the first of its kind in Iraq, which is an integrated digital financial system that enhances financial independence and freedom from traditional financial systems, as it works to transform Iraq into a country less dependent on cash, which enables the state to bypass bureaucracy In financial transactions within the operating banks in Iraq.

Khalaf added, “Our sponsorship of this conference confirms our interest in the issue of digital transformation, and our keenness to continue investing in infrastructure and database, applying the latest existing technologies, providing banking services on a large scale and investing in human capital for a better future for our upcoming generations.”

We are certain that digital transformation is the prevailing trend to achieve national integration, and it has been proven that we have three areas and outlets that are used in various fields, namely the land, the sea and the air. Therefore, Iraq has to consider the cyberspace as its fourth field because of its effective and clear impact. In leading national tasks such as economic development, trade, transactions, social, medical and health interactions, government operations, and national security.

He said: Iraq adopted the National Cybersecurity Strategy to provide strategic measures and procedures to ensure the security and protection of the Iraqi presence in cyberspace, protect the digital infrastructure, and build and nurture a safe and reliable internet community, as this strategy consists of several supportive short, medium and long-term plans.

In turn, the representative of the organizing company Frontier Exchange, Ahmed Al-Jader, said: This event comes in an important exchange and coincides with the directives of the Iraqi government aiming to transform into a comprehensive electronic system in all state institutions, where the conference will discuss the possibility of applying automation processes in ministries, government institutions and their branches, and other related topics In digital transformation and e-government.

He added that this virtual summit contributes to converging views between life makers from the Iraqi government and local and foreign companies working in the field of information technology, automation and integrated technological solutions in addition to electronic payment companies, as our company owns a large database of many local and foreign companies working in this field.

As for the managing director of the Arab Company for Electronic Payment, Haider Al-Obeidi, he stressed that the direct cooperation between the Central Bank of Iraq and the providers of electronic lift services has contributed to the consolidation of the electronic payment infrastructure, in terms of the database, governance rules and instructions, and local and international compliance.

He pointed out that the companies licensed by the Central Bank, Visa and MasterCard, and the two operators were able to support most banks in issuing international cards and portraying the reality of electronic payment services.

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