Search results for Italy

Another piece is added in the setting of the Italian Presidency 2019/20 of the European Blockchain Partnership. The Center for Entrepreneurship, small and medium enterprises (SMEs), the Organization for Economic Co-operation and Development (OECD) Regions and Cities, will conduct a study in Italy that will focus on the growth and development of the Italian blockchain and cryptocurrency ecosystem. The study will be financed and supported by the Ministry of Economic Development (MiSE) headed by minister Luigi di Maio, will focus on the implications of this embryonic technology including cryptocurrency on startups and small and medium-sized Italian companies.

According to the Minister of Economic Development (MiSE), Luigi di Maio, the protection of Made in Italy will essentially pass for the blockchain tech and the tracking of every single product. Minister revealed this recently while on the occasion of the presentation of the 33rd ICE Report and of the ISTAT-ICE Yearbook. It is appalling to know that the country has around €40 billion of real Made in Italy in the entire world and 100 billion of fakes.

A recent Kaspersky report shows that ignorance is slowing down Bitcoin, cryptocurrency and blockchain technology adoption in Italy. Around 84% of the Italian people have never bought or used cryptocurrency. The citizens fear that cryptocurrencies have no strong security, considering the losses users and exchanges have made since the Bitcoin inception.

In an effort to have zero tolerance for fake Made in Italy products, the government, through the ministry of economic development (MiSE), 5 Star Movement (M5S) and other authorities, is exploring the potential of blockchain and distributed ledger technology.

In this era of innovation and technology, everything useful could soon be digitized. In an effort to digitize the agrifood industry in Italy via blockchain technology, Future Food Institute and SMAU have signed a 3-year agreement to participate in the national and international SMAU Roadshow.

Italy will be the first country in the world to give legal value to technologies that are entirely based on distributed ledgers such as blockchain technology and smart contracts, according to the sentiments of Bianconi and Sarzana experts and the thorough analysis by the Chamber’s study service. The process of certifying a copyrighted work or framing a rental contract will be eased, Start Magazine reports.

The Italian Senate Committee legally approved an amendment on blockchain technology, but it still requires the approval of both Parliaments before being enforced. The Constitutional Affairs and Public Works – the 8th Italian Senate Committee recently approved a legal amendment on blockchain, which is the only real new industry legislative for Italy.

Artificial Intelligence (AI) is regarded as the “queen” of technology, according to conversations on Twitter. The 6th edition of the Innovation Report of Talent Garden has analyzed the chats on Twitter across Europe, looking at the key trends in digital last year to forecast the trends of 2019.

Recently, the Ministry of Economic Development in Italy, headed by Luigi di Maio, selected 30 high-level experts to form a blockchain technology development committee.