The Eurasian Development Bank wins the ADFIAP Sustainable for COVID-19-Free Travel App award | Tech US News


ALMATY, Kazakhstan–(BUSINESS THREAD)–The Eurasian Development Bank (EDB) received a Sustainable Award in the Technology Development category for its COVID-19-free travel application from the Association of Development Finance Institutions in Asia and the Pacific (ADFIAP).

The award ceremony took place on the sidelines of the ADFIAP Annual Meeting in Manila, Philippines on October 26.

“EDB entered ADFIAP only this year, and it means a lot to us that one of our projects is recognized. During the COVID-19 pandemic, we managed to bring together the public health agencies of our countries in a short space of time to resolve how we could guarantee one of the fundamental freedoms of our citizens: freedom of movement. The digital platform we developed made it possible to introduce a common regulatory framework and keep the borders between the countries of our region open at a time when other countries of the world were establishing individual entry rules,” said Nikolai Podguzov, Chairman of the EDB Board of Directors.

COVID-19-Free Travel is a flagship project of the EDB Fund for Digital Initiatives. The app has been designed to allow people to travel freely and safely between countries in the region where EDB operates during the novel coronavirus pandemic.

The application reduces the risk of disease spread and provides a reliable system of cross-border controls.

COVID-19-Free Travel uses a unique architecture to exchange information across borders without sharing users’ personal data, which is only stored in the country where the test was performed. This means that personal data may be protected by the laws of the relevant countries.

The project was successful due to the unique cross-sectoral competencies of the EDB Fund for Digital Initiatives, the only multilateral development fund in Eurasia promoting digital transformation tools and practices.

The COVID-19-free travel app has already been installed on more than 1.5 million smartphones. The number of PCR test results uploaded has exceeded 5 million.

Additional information:

The Eurasian Development Bank (EDB) is an international financial institution that invests in Eurasia. For more than 16 years, the Bank has worked to strengthen and expand economic ties and promote the comprehensive development of its member countries. The share capital of EDB amounts to 7,000 million dollars. Its portfolio consists mainly of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank’s operations are guided by the UN Sustainable Development Goals and ESG principles.


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