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The Made in Italy project aiming at using blockchain to protect goods and services produced in the country, has returned to parliament for further reinforcement. It is a modification to the growth decree, that has brought Five Star Movement (M5S) in the Budget and Finance committees, to resuscitate the issue that had appeared from the draft of the provision before the launch by the Council of Ministers. Other major amendments including internationalization and stabilization of the Made in Italy Plan are also underway.

Italy has always been at the forefront of innovation and security. An Italian startup plans to apply blockchain to baby nutrition safety. The company promises to ensure the safety of 90% of the ingredients used in nutrition products for children within a year.

The giant Italian bioplastic manufacturer decided to explore blockchain and distributed ledger technology and its potential for its sustainable production. A startup called EarthBi has chosen the blockchain for ensuring characteristics and tracing its manufactured bioplastic products in Italy.

Prominent politicians including the two vice-premiers of the Italian Council, businessmen, companies, and institutions gathered together at Vinitaly to discuss how to improve the wine industry and Made in Italy goods using innovative technologies such as blockchain, smart contract, the internet of things, artificial intelligence and others.

The government of Italy has been focusing on innovative initiatives such as blockchain technology, artificial intelligence (AI), industry 4.0, smart contract, the internet of things (IoT) and others. Italy now wants to become the leading European country in technology after the Brexit. Albeit, anything positive effort must be put in the system if digital technology is to become a mainspring for the real economy and poise public finances.

Italy has invested heavily in the field of technological innovation such as blockchain technology, smart contracts, artificial intelligence (AI), internet of things (IoT) and others. Different possible application features of blockchain and its huge potential for protection, elevation and promotion for Made in Italy products both abroad and inside the country. The themes of the conference 'Blockchain: guarantees for the consumer and the made in Italy’ happened in Rome, at the Luiss Business School. The technology aims at shielding the project.

Coinidol, the English speaking world blockchain news outlet with 1/2 million pageviews per month, has launched an Italian version of the website - www.it.coinidol.com. The first articles were uploaded in December 2018, but the month of the official launch for the Italian public is January 2019.

The Italian prime minister, Matteo Renzi, has taken the all-time risk of pledging to resign after a negative result of a referendum on a constitutional reform which could make it easier for the government to pass laws without unnecessary delays.

The banking crisis in Europe goes even further in Italy. While in countries like Germany and France we see only a decline of major banks’ asset prices, in Italy besides the banking crisis itself another problem occurred - civilian Italians began to distrust bank transfers and payments. One of the possible solutions may be Bitcoin, which can serve as a salutary means, grow in price and even get official recognition in the country.