Italy's Economic Development Ministry Releases List of 30 Blockchain Experts

  • Italy’s Ministry of Economic Development recently published a list of 30 crypto experts.
  • The experts will reportedly help the European nation in formulating a comprehensive blockchain for business strategy.

Italy’s Ministry of Economic Development recently published a list of 30 crypto experts that will reportedly help the European nation in formulating a comprehensive blockchain for business strategy.

The Italian government’s list includes qualified computer science and legal experts, academic research specialists, and business professionals with expertise in developing blockchain-based solutions. Notable individuals mentioned in the extensive list include Monaco Marco, the leader of blockchain development efforts at PricewaterhouseCoopers (PwC)’s branch in Italy, and Vitale Marco, the president of blockchain startup, Quadrans Foundation.

Focusing On Blockchain Development

Pimpinella Martino Maurizio, the president of the Italian Association of Paying Services Providers, and Angiolini Giorgio, a member of the United Nation INFO’s blockchain consortium and head of marketing at Italtel (an Italian telecom firm), were also included in the Italian ministry’s list of blockchain experts.

In September, Italy’s Economic Development ministry had requested members of the nation’s blockchain and crypto community to give high priority to spreading more awareness about the potential benefits of “distributed ledger technologies (DLT) ... as well as [encouraging further] public and private investments in this direction.”

In order to increase blockchain adoption in Italy, the group of experts identified by the nation’s ministry will reportedly be exploring potential use cases for DLT for the nation’s private and public industries. The group of blockchain professionals will also be developing appropriate regulatory and technical tools, which may be required by the country’s organizations when adopting blockchain-based solutions.

Artificial Intelligence And Blockchain Technology

Commenting on Italy’s blockchain strategy, in September, Luigi Di Maio, the country’s deputy prime minister, said:

Emerging technologies such as artificial intelligence and blockchain are destined to radically change our lives, the society in which we live and the economic and productive fabric of the country. We have to decide which way to go.

Notably, the Italian government’s latest blockchain-related announcement has come just a few weeks after the nation’s senior ministers signed a joint declaration statement along with six other Southern EU member states. As covered, the joint agreement on cooperation regarding DLT-related developments was signed by Malta, Cyprus, France, Portugal, Greece, Spain, and Italy, and Spain in Brussels on December 4.

In a released joint-statement, the ministers from the countries formally agreed that the “digital sphere is an ideal policy area to embark on further cooperation … [and that they aim to make] Southern Europe a leader on emerging technologies, such as Distributed Ledger Technologies.”

Blockchain Wallet Integrates BitPay Support for User-Friendly Transactions

  • Blockchain Wallet announces the integration of BitPay into their existing service. 
  • Emphasis on allowing for "user-friendly" transactions and payments. 

Popular cryptocurrency firm Blockchain.com, which operates the Blockchjain wallet, has announced integration of payment processor BitPay

Blockchain Wallet Adds BitPay Support

In an update, Blockchain Wallet confirmed its new partnership with BitPay, which will allow for the direct spending of user bitcoin in an effort to increase the ease of crypto-based payments.

The press release states that BitPay has been “seamlessly” integrated into the existing Blockchain Wallet framework, which clients can use to make payments directly from their application. 

According to the announcement,

As the largest global crypto payments provider, BitPay and has processed more than $2.8 billion from merchants and B2B customers since 2011.

The press release continues, 

We’re excited to see this new addition connect our Wallet users to the world of merchants that accept Bitcoin (and soon other cryptos) as a payment method — one of the key ways to interact with and grow the digital asset ecosystem.

The emphasis on payments shows the direction that Blockchain Wallet imagines for the future of crypto. While the platform has created a secure cryptocurrency wallet for users to retain simultaneous control over their funds and private keys, user-friendly transactions and spending has continued to be a work in progress. 

BitPay has emerged as one of the more successful payment platforms in crypto, with a focus on establishing a relationship with merchants to accept bitcoin. The partnership with Blockchain Wallet, with its reported 41 million userbase, could go a long way in spurring greater use for bitcoin outside of a store of value asset or token for price speculation.