Administration

The US cryptocurrency industry has been quite controversial in its growth. The country’s financial watchdogs are mostly being cautious about this new technology. However, as the power in the USA has changed its face, the situation for cryptocurrency might change as well.

The Belgian administration, in partnership with Wilsons Auctions, will launch public sales for lots of Bitcoin, Bitcoin Cash and Bitcoin Gold. Digital exhibits have been seized in several court cases.

As of the recent political events between the long term sworn enemies of the United States and Iran, new measures have been reintroduced by the former. The United States under the Donald Trump administration imposed fresh economic sanctions on Iran. Following the sanctions aftermath prices of commodities like Bitcoin and Gold started to steadily enter a bull run.

With what is currently happening in the minds of the public, coinidol.com, the world news outlet, decided to conduct an overall assessment of the level of adoption of Blockchain and distributed ledger technology (DLT) in the field of public administration (PA) in Italy, on the most interesting application areas and important cases of use.

The Italian government is focusing its attention on would-be applications of distributed ledger tech (DLT) in the improvement and building of bridges, roads, urban transport, etc.

On September 7, the Catalonian administration disclosed it will create a decentralized platform intended to provide nationals control of their private information when networking with online services.

The Municipality of Cinisello Balsamo in the Metropolitan City of Milan, Lombardy, Italy, has started adopting blockchain tech in public administration (PA). Now, a maximum of 10 minutes is needed for the whole administrative procedure. This has made the Lombardi region to the vanguard of blockchain and cryptoasset implementation.

India’s second most populous state and third-largest state by area, Maharashtra, is considering adopting blockchain tech in many fields including vehicle registration, document management systems, agriculture marketing and supply chains. The state’s administration is working on a regulatory sandbox for experimenting blockchain and distributed ledger tech (DLT) solutions across different significant applications. It really wants to enhance the efficiency, speed and efficacy of their operations.

Italy launched a new Agid three-year Plan with public e-procurement in a key position of Information Technology and digital Public Administration (PA). Among the new measures mentioned in the Plan for innovation of public services, there is the shift towards the adoption of emerging technologies, like artificial intelligence and the Blockchain technology. Nevertheless, to avoid possible negative impacts of innovation, appropriate regulatory framework and training programs have to be created.