Blockchain initiatives could get a 3-year immunity or grace period from U.S. securities laws to create distributed systems. As per the latest Safe Harbor application by Hester Peirce, U.S. SEC Commissioner.
Blockchain technology, a real revolution that is already happening in all parts of the world, is not just a pure technological issue, but rather a push to change with a broader meaning, both intellectual and social
The distributed ledger technology (DLT) or Blockchain for the traceability of Made in Italy, is the project launched by the Ministry of Economic Development (MiSE) in collaboration with IBM and representatives of the Italian textile production chain. The aim is to defend the excellence of locally manufactured products and services on international markets, combat counterfeiting and support the competitiveness of manufacturing companies.
A large sum of European funds was allocated to facilitate cryptocurrency and blockchain-related projects, and Italy and other countries on the continent will benefit from these initiatives. More than €180 million has already been invested in research and innovation initiatives in the blockchain industry. Cybersecurity and the Internet of Things are one of the sectors that have obtained the largest slice of European Union (EU) funding.
Georgia has concluded a new partnership with engineering firm IOHK to turn the country into a blockchain hub. The Memorandum of Understanding was made on June 17, and will make the county’s Ministry of Sports, Science & Education apply a variety of 3G blockchain-supported initiatives.
As Bitcoin continues to trade above $5,000, the President of Belarus, Alexander Lukashenko, revealed that his government will support innovation initiatives associated with cryptocurrency (such as Bitcoin, Ethereum, Ripple) and blockchain technology. He suggests opening a mining farm for crypto.
It appears that there is less or no doubt “blockchain” technology is now the leading word of the year 2019, thus, the government of Italy has come out to deeply study the strategy to support all initiatives specifically related to this field.