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With an abundance of innovation already taking place in the equine industry, the addition of blockchain technology opens the door to even more opportunities.
Blockchain-based integrated facility development and horse registry platform, Pegasus Coin, developed by the Kazakhstan Horseracing Association, and its partners, are positioning themselves to step through that door.
Pegasus Coin has formed partnerships with various reputable industry players such as JRAF, Fujitsu, COMPLANT, and Dias Company. The goal of these partnerships is to combine and maximize the value of each of the businesses’ networks and leverage on each other’s experience and expertise in their respective fields.
Japan Racing Association Facilities supports JRA to smoothly carry out fair and safe operations and is responsible for the indirect duties involved in the horseracing industry. Collaborating with the operational headquarters, to entertain horseracing fans, as well as pitch sales to the involved parties.
JRAF provides for the design, consultation, and support services in connection with construction and operation of the Kazakhstan Horseracing Park as well as management of horses, operations of the main horse racecourse and off-track betting centers.
Fujitsu Ltd. is a Japanese multinational information technology equipment and services company. In 2015, it was the world’s tenth-largest IT services provider measured by IT services revenue.
Fujitsu chiefly makes computing products, but the company and its subsidiaries also offer a diversity of products and services in the areas of personal computing, enterprise computing, as well as storage products, telecommunications, advanced microelectronics, and air conditioning.
Fujitsu will deliver IT solutions as well as communication devices for facilities within the park.
China Complete Plant Import and Export Corporation (Group), approved by the Premier Zhou Enlai, was jointly established and administrated by the Ministry of foreign trade and the Ministry of the First Machine-Building Industry in November 1959.
Since the establishment, COMPLANT has been entrusted by the Government to conduct more than 1500 foreign economic aid projects in over 50 countries across Asia, Africa, and Latin America.
COMPLANT will assist in the project management and planning, and the construction works of the Kazakhstan Horseracing Park project.
DIAS Infrared GmbH develops and manufactures high-quality infrared cameras, infrared line cameras, pyrometers, black bodies and infrared detectors for industrial temperature measurements. The self-developed software for the display and processing of measurement data is included in the scope of delivery. They focus on individual, application specific system solutions, and services.
DIAS will provide infrared measurement technology used in the main racecourse.
President of Kazakhstan Horseracing Association, Yerzhan Drumbetov, commented, “We hope to build a horseracing park that could one day become the national icon of the country. It was not a coincidence that we managed to partner with leading brands of their respective industries; they share in our ambitious dream of building one of the most futuristic parks in the world.”
For more details on Pegasus Coin’s big vision and how individuals and institutions will be able to leverage on the Pegasus platform, the Pegasus whitepaper can be found on their website thepegasuscoin.io.