Creative Tech

While Armenia's Central Bank is pushing for cryptocurrency regulation citing consumer protection and market integrity, the government's approved bill on non-cash crypto transactions raises concerns over privacy, economic growth, and innovation.

The health and growth potential of Armenia's indigenous tech industry remains uncertain as the legislation that supports the development of a homegrown tech sector and boosts Armenia's reputation as a tech-friendly country is set to expire this December. As of now, a new draft law has not yet been made public.

Tech is inherently a global market, but what opportunities exist for smaller neighboring ecosystems to collaborate and create synergies? Mathew Zein examines the strengths of the Georgian startup ecosystem and compares them with those of Armenia, highlighting areas of excellence and potential weaknesses.

Armenia has a significant potential to become an international hub for digital nomads and remote workers, however, it remains largely undiscovered within the global digital nomad scene. Mathew Zein explains what needs to be done.

In 2023, numerous Armenian start-ups embraced generative AI, integrating it into their applications. Some even based their entire businesses around generative AI products, while others enhanced existing features with the technology's novel capabilities.

To ensure future prosperity and address Armenia’s fragile security situation while improving its capabilities, three pillars are necessary - scientific innovation, economic growth and a military-industrial complex. These were the key themes addressed during the Gituzh conference in Yerevan.

Armenia would benefit from following Taiwan’s approach in turning its burgeoning tech sector as a geopolitical tool. In doing so, Armenia can position itself as an indispensable player in the global economy, thereby enhancing its security standing.

In 2020, the City of Glendale set out to develop an accelerator program that would stimulate the growth of its start-up ecosystem, to take the next step in establishing itself as a comprehensive regional hub for technology and innovation. Hero House Glendale responded.

Armath is constructing a robust, pan-Armenian STEM community, cementing Armenia as a leader of technological innovation, and granting it a form of soft power that is both potent and long-lasting. This year, Armath Glendale opened its doors, joining a roster of 600 labs around the world.

Successive administrations in Armenia did not adequately invest in science and education, hindering the development of human capital and infrastructure. To register comprehensive progress, ensure sovereignty and security, a robust R&D ecosystem must be revived with the government playing an indispensable role.