Belarus making the digital special economic zone(SEZ) High Technologies Park (HTP) more attractive by new regulations. It plans to provide a legal status for tokens and smart contracts, cryptocurrency mining, buying, selling, storing, distributing and exchanging. The regulations have the benefit of speed and simplicity because it does not require knowledge of whole Belarusian legislation to start a business.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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