Turkey is in the middle of a revolution in the fields of electronics, artificial intelligence and security.
The country’s technology sector has seen a boom in the last decade as the country continues to recover from a devastating war with the Kurdistan Workers’ Party (PKK).
As a result, there has been a flood of talent from the technology sector, and this has been reflected in the country’s stock market.
In the last five years, the Turkish stock market has increased over 6,000 percent, while the share of startups in the sector has grown by around 300 percent.
In addition, Turkey has been the first country to introduce blockchain technology, which is the underlying technology behind the digital currency Bitcoin.
Blockchain is a distributed ledger system that is based on cryptographic algorithms and is used for managing transactions, and has the ability to secure data on a network, with the ability for a user to control the flow of data and make decisions.
The rise of blockchain in Turkey has led to a boom of startups, with startups such as Istanbul-based digital security startup Blue Sensor Elektra.
This year alone, Blue Sensor has raised more than $3.5 million in venture capital funding from the likes of Union Square Ventures, Draper Fisher Jurvetson, Digital Currency Group, and Fidelity.
The company has seen growth of over 5,000% over the last year, and it is expected to grow even further in the coming years.
According to BSP chief executive officer and founder, Murat Gündem, Blue Sense is “one of the most exciting startups in Turkey,” and has been “the catalyst for this phenomenal growth.”
He added that the company is looking to bring technology to other industries, and is currently seeking partners in the finance, logistics, and telecommunications industries.
The focus of Blue Sense has been in cybersecurity and information security, and Gürdem said that it is looking at other areas such as cybersecurity research and training.
“Blue Sense is not just a cybersecurity company,” he said.
“It is also a cybersecurity platform that is used in other industries like finance, security research and education, and in the information space.”
The company was founded in 2013 by Günder Möşçek, a former member of the Turkish government, who had been working for the country for many years.
Güncek is a partner at Turkish Data Technologies and a senior fellow at the Center for Strategic and International Studies (CSIS), where he has studied cybersecurity and innovation.
He also co-founded and serves on the board of directors of the Open Security Research Initiative.
Blue Sense also launched a cryptocurrency platform in 2015, and also raised over $500,000 in seed funding in May of this year.
This is the first blockchain-based cryptocurrency platform that has been launched by an official Turkish company.
According to Güntem, it is “the first blockchain for cybersecurity” in Turkey, and he believes this will become the future of cybersecurity.
The company also recently partnered with the government to create an “integrated blockchain platform,” and it was also recently named a blockchain startup of the year by the Association of Turkish Blockchain Technology (ATTB) for the first time. Guender Müçek believes that blockchain will be the future for Turkey, as it is the best technology for securing the country, but he noted that he does not think that it will be a replacement for the traditional banking system.
He also said that the blockchain could replace traditional financial institutions and the current banking system in Turkey.
The main difference between the banking system and blockchain is that traditional banks do not operate in the financial services space, and blockchain will replace these institutions.
Gudem said this is something that he believes will be beneficial for Turkey.
“The main problem with banking in Turkey is that there is no trust in banks,” he explained.
“There is no transparency, and there are no transparency measures.”
Güncedek added that there are several blockchain platforms that are being developed in Turkey but that they are not widely used.
“Blockchain is the solution to this problem, and I think this is why it is so important for Turkey to get this blockchain solution.”
In addition to Blue Sense, the company also announced its acquisition of BSP’s security firm, Blue Sensors, which will use the Blue Sensor technology to strengthen the cybersecurity of the company.
The Blue Sensers team has experience in developing digital security solutions, and the acquisition of Blue Senser will allow them to expand their technology into a variety of fields.
The purchase of Blue Sensor is the latest in a string of acquisitions by Turkish startups.
Turkish start-up Zainal, which has raised $10 million in Series A funding, has been looking for a partner in the past, but it has not yet made a final decision.
However, the acquisition will likely be announced in the next few months.
Zainal will work closely with Blue Sense to develop an integrated platform for cybersecurity in the Turkish market.