In The Age Of Digital Currency, Pakistan Must Learn New Lessons

*Click the Title above to view complete article on https://thefridaytimes.com/.

2022-06-22T18:01:24+05:00 Hasan Ibtasar
In our fast-paced and digitalised world, everything moves at lightening speed. The new technologies have transformed our world.

Imagine a life in the next few decades when everything will become robotic, magnetic and kinetic, and when information will spread across borders and e-commerce will remove barriers. We will embark on an age of artificial intelligence, quantum computing and machine learning, to nano and techno. E-currency will ensure solutions to most problems. The fittest will survive, that is tech-savvy countries will progress, and all other countries that lag behind will have to deal with the menace of poverty and scarcity.

Therefore, it is high time that Pakistan embraces technology fully. Our legislators must achieve the millennium goals pertaining to education. They must upgrade the curriculum to include computer science as a high value subject. Once we have a batch of highly-qualified and authorized workforce, our growth will accelerate.
Imagine a life in the next few decades when everything will become robotic, magnetic and kinetic, and when information will spread across borders and e-commerce will remove barriers. We will embark on an age of artificial intelligence, quantum computing and machine learning, to nano and techno.

However, the change will not come overnight. Such processes have to be gradual and informed. Designing new technologies and developing new synergies is something we can start with.

We have already moved from the use of hard to soft copies. Similarly, to ensure that we are keeping up with the advancements, we must synchronise our resources and computerise our bourses to overcome disparity and discrepancy, and develop equities. We must learn to use the internet to our advantage in work and leisure. As browsing and surfing the net has opened up the world to us.

The way forward is to enhance and enlarge the faculty of science and double the fraternity of finance, to build a network of exchanges. These capital markets provide a vast room for investments and gains.

Once the governance is on the right track, the money markets will bring huge returns. The aim should be to improve governance so that the economy multiplies. We must share hats to bring forward a system of commerce and a formula of finance that will qualify and quantify us in becoming a tech republic. Indeed, information is technology.
View More News