Italy to Use Experts to Create Official DLT Strategy

Group contains trade association Assobit co-founder, Italtel head of marketing portfolio and more
29 December 2018   530

Officials of Italy has published its list of 30 expersts, that will help country to integrate blockchain technology. This is reported by Cointelegraph.

Group will advise authorities how to create a “national strategy on distributed register and blockchain technologies.” The creation of the group took four months.

The project is being convened by the Italian Ministry of Economic Development (MSE).

Emerging technologies such as Artificial Intelligence (AI) and blockchain are intended to radically change our lives, the society in which we live and the economic and productive fabric of the country. Emerging technologies, such as artificial intelligence and blockchain, are bound to fundamentally change our lives, the society we live in and the economic fabric of our country.
 

Luigi Di Maio

Deputy prime minister and minister of economic development, Italy

Experts list includes:

  • trade association Assobit co-founder Gian Luca Comandini
  • Italtel head of marketing portfolio Angiolini Giorgio 
  • Blockchain & Society Policy Research Lab board of directors member Marcella Atzori

Italian authorities have released multiple warnings against crypto-related scam.

VeriBlock to Report on Mainnet Launch

VeriBlock believes their technology allows networks of other cryptocurrencies to use the bitcoin blockchain to counter the “51% attacks”
21 March 2019   81

Using the bitcoin blockchain to ensure the safety of altcoins, the VeriBlock project announced the launch of the main network. This is reported in a press release.

According to the developers, the VeriBlock technology allows networks of other cryptocurrencies to use the bitcoin blockchain to counter the “51% attacks”. The project is confident that this approach not only ensures the security of less popular networks, but also allows their developers to focus on innovation and functionality.

According to analysts of The Block, 25–45% of bitcoin transactions fall on VeriBlock. The VeriBlock network uses a consensus algorithm called Proof-of-Proof (PoP). The project seeks to ensure the safety of other blockchains by loading a snapshot of the altcoin registry into the BTC blockchain, using the OP_RETURN function and other methods to embed network state data.

The project’s website states that PoP allows altcoin networks to use the most protected Bitcoin blockchain with its Proof-of-Work algorithm.