Italy to Join European Blockchain Partnership with 26 EU Countries to Foster Adoption

European Blockchain Partnership Welcomes Italy To The Ranks

According to Member of Parliament (MP) Mirella Liuzzi at the European Blockchain Partnership, this collaborative organization of 26 countries has welcomed another – Italy. This annoucement was made on September 27th.

The group’s collaborative efforts will soon be validated on the 28th of September in Brussels by Luigi Di Maio, the Minister of Economic Development, Labour and Social Policies. When speaking to Key4biz, Liuzzi commented on the addition of Italy, saying, “Joining the partnership will allow Italy […] to define its own line in the development of [blockchain] technology — a practice which the previous government had never implemented.” Liuzzi also added that there will be a group of blockchain experts hired to work with the government in developing the strategies needed for cryptocurrency to thrive.

The European Blockchain Partnership relatively new at this point. Having only been created in April 2018, they have gotten a lot of support as a way to collaborate with the other EU states. The original group had already included 22 countries, though the addition of Greece, Denmark, Romania, and Cyprus made it 26 members.

Though this collaborative effort has goals of their own, partnering countries and cities are still working to promote better blockchain development on their own as well. In June, there was a focus group developed in Naples that the local mayor supported, which urges the progress and use of blockchain technology, though there is the potential for an Initial Coin Offering as well.

Soon after, in an effort to break out of traditional assets, mayor Luigi de Magistris posted a passion plea on Facebook towards the beginning of September to create their own cryptocurrency. He believes that this would eliminate the “anti-Southern discrimination that the area faces, while saving them from “unfair” debt.

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