Digital Asset Exchange, Kyrgyz Conservatory sign memorandum of cooperation

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Bishkek, Mar.12, 2020. /Kabar/. The Digital Asset Exchange Central Asia International and the Kyrgyz National Conservatory named after Moldobasanov signed a memorandum of cooperation.

The company offered the Conservatory the use of digital technologies to conduct research in the field of music, as well as the creation and development of a digital music ecosystem based on Blockchain technology.

"The use of this ecosystem will allow the authors of musical works to consolidate their intellectual property rights, to sell their works through the digital assets exchange at the most advantageous price, to increase the value of their works in the best way, to become famous and popular in the world," said Yue Hefu, Director General of the Digital Assets Exchange OJSC.

Also, the corporation is ready to assist in creation of digital online - library of musical works; in release of digital diplomas, certificates, patents developed on the basis of Blokchain technology.

"This is a great opportunity for our musicians, who intend to digitize their works. In addition, it will protect the copyrights of every creative person. Also, we intend to distribute Kyrgyz melodies to foreign countries with the help of new modern digital technology," Head of the Kyrgyz National Conservatory Muratbek Begaliyev said.

The sides also intend to jointly organize music evenings, concerts and contests.

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