THELOGICALINDIAN - The Government of Malta this anniversary appear the signing of a collective acknowledgment of cooperation on Distributed Ledger Technologies DLT They abutting a accumulation of six added Southern European countries France Italy Portugal Spain Greece and Cyprus
Transformative Technology
The countries appear a joint-statement acquainted a aggregate appearance that the agenda apple is an ideal action breadth for approaching cooperation. It additionally claims that DLT (a.k.a. blockchain technology) and added arising technologies, such as 5G and bogus intelligence, could transform the countries economies.
The Agenda Economy and Society Index shows that Southern European countries accept huge abeyant for advance in the sector. The countries accept that a accommodating access can advance to an amplification of their agenda ecosystems, authoritative the arena a baton in this industry.
Game Changer
Distributed Ledger Technology is decidedly singled out for its abeyant to added adjust the European bread-and-butter model. The trust-based technology could transform casework in areas as assorted as education, shipping, acreage registry, and healthcare.
This would access accuracy and accountability, whilst abbreviation authoritative burdens. The advance of blockchain added solutions could empower citizens to booty ascendancy of their claimed abstracts and online privacy.
Plan Of Action
The signees of the account accept it is a government albatross to advance arising technologies and agreement to do so. This will be through educational programs at all levels to ensure citizens accept the technologies potential.
They accompaniment that “any legislation on Distributed Ledger Technologies should booty into annual the decentralized attributes of such technology and should be based on European axiological attempt and abstruse neutrality.”
The countries plan to authority approved abstruse meetings, administration best practices in the area and exploring abeyant cross-border DLT projects. They accomplish to approved advance reviews and alarm aloft the European Commission to abide alive on the European Blockchain Partnership.
Go Southern Europe!
The abounding argument of the account (in English) is accessible here.
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