Pilot

On April 6, the Central Bank of Korea (BOK) announced it is planning to test the central bank digital currency (CBDC), a digital won. This new currency will be used for micro-payments first, and, if successful, we might see its wide adoption.

The bank of Russia (CBR) has successfully completed the pilot of a blockchain and distributed ledger technology (DLT) platform for the release and turnover of digital rights. It enables you to digitize (tokenize) goods, services, securities and other valuable assets. Any company or institution will be able to create cryptocurrencies on the site.

The experimentation in the Lombardy Region of the use of blockchain technology in an anti-bureaucracy key on the 'Free Nests' measure, which allows zeroing of the nest fee, in Cinisello Balsamo pilot municipality in Italy has officially opened.

Since its creation, blockchain has always caught the attention of various types of people. Many fundamental features of this and other financial technologies can be found in different industries and sectors of the Italian economy. One of the most advanced industries is banking.

The first pilot project for the use of blockchain in SMEs in the textile industry was officially presented at the Italian Ministry of Economic Development (MISE) on March 13. Blockchain technology will support Made in Italy project, protect its uniqueness and quality such as certifying the supply chain thanks to the mechanism of the "shared register" which enables attaining maximum security regarding counterfeit stabs.

The meeting on the Pilot Project to accelerate the use of Blockchain for the protection of Made in Italy will be conducted from Parlamentino hall of the Ministry of Economic Development (MISE) is scheduled for March 13, 2019. And it is precisely on this theme that the start of the Pilot Project promoted by MISE is focused to exploit the Blockchain technology for the creation of new forms of protection of Made in Italy.

Legislators from the state of Utah, U.S. officially introduced a bill “UT SB0213” that would prevent blockchain technology companies from being classified as money transmitters.

Italy is trying to boost its modernization and latest innovative technologies such as blockchain, cryptocurrency, smart contract, internet of things, artificial intelligence, machine learning and many others. Actually, the in-situ construction sites of the Bi-Rex competence center were officially opened in Bologna, the first ever public-private consortium of 8 planned in Italy by the Industry 4.0 Plan, a major project which targets at bringing digital innovation and big data into the mechatronic sector, Business People reports.

Bitcoin (BTC), the leading cryptocurrency by market cap, just saw a major boost after the astonishing slogan “Bitcoin to the Moon” appeared on a tramcar in the Ukrainian city of Vinnytsia. The pictures of the event were all over the social media and the National Bank of Ukraine (NBU) declared that it has finished a pilot project to roll out its own cryptocurrency known as e-hryvnia.