Finland works with Esentia.One: Blockchain for Logistics

The Finnish government has declared second collaboration with decentralized interoperability protocol Esentia.One to build blockchain solutions for logistics
29 June 2018   776

This is the second pilot program that the two organizations have cooperated - the first one, which started in April of 2018, was made to track production chains and reduce unemployment rates. 

The success of our first e-government blockchain project with MTK meant we built a level of mutual trust. As passionate believers in the underlying value in blockchain, we knew that we could adapt the technology to solve many more issues in different governmental departments.
Matteo Gianpietro Zago
Co-Founder, Esentia.One

Essentia.One on Twitter
Essentia.One on Twitter

This spep also represents the latest in a series of initiatives by the Finnish government to position the state as one of the world’s leading logistics hubs. The pilot will finally be introduced to several Finnish government organizations that are connected with the logistics industry: the Finnish Ministry of Transport and Communications, the Finnish Transport Safety Agency (Trafi), the Finnish Transport Agency, the Finnish Communications Regulatory Authority, the Finnish Customs, and other member organizations of Finland’s Corridor as a Service (CaaS) ecosystem.

Our purpose has always been financial inclusion, and especially to help people in developing countries.
Antti Pennanen,
CEO, MONI

The Finnish government has researched several other blockchain initiatives. It declared about a partnership with local startup MONI to provide fugitives with blockchain-based debit cards that would also record identity information in September of 2017.

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   82

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.