Milan

Italian energy sector is is exploring the potential of blockchain and distributed ledger technology for its potential to transform and improve the industry. The country starts a project that would allow Italians to pay utility bills with cryptocurrency.

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 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.

Blockchain technology and cryptocurrencies including Bitcoin brought some awareness to people in Italy, of how this computer technology does not need large infrastructures like those of banks to operate or to be used. The technology depends on the sharing and distribution of data to ensure their immutability and to provide them in a particular sense of the official character.

IBM Studios, a gigantic space in fast-developing Italy, will open its doors this March to welcome specialists in AI, blockchain, cloud computing, Internet of Things (IoT), and many other digital technologies. The initiative is aimed at facilitating the process of the digital transformation of the country’s systems.

Italy has a great number of successful blockchain projects related to efficient energy management, notably in smart cities such as Bologna, Milan, and Venice. However, only 5% of the ventures involved in the energy sector take advantage of digital technologies and fintech.

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.

The engines of electric scooters are now available and ready to move through the streets of the major Italian cities, with Milan in the lead. Milan is the capital of Lombardy in northern Italy; has been an international center of trade and industry since the Middle Ages. The go-ahead for the launch of sharing services for this kind of vehicles is anticipated in few weeks, before January ends, after the amendment to the Budget Law sanctioned by the Chamber last month, that enforces a ministerial decree to regulate the Infrastructure and Transport Ministry the potential of testing on the road routes.

A young British model, who was kidnapped in Milan by two men who tried to sell her via auction for more than $300,000 in Bitcoin, told her story almost a month after she was released.