Skip to main content

German Politicians Join Advisory Panel for Blockchain Advocacy Group




A new organization focused on public advocacy for blockchain has been launched in Germany.
Dubbed the Blockchain Bundesverband, the startups involved include Jolocom, Slock.it, IOTA and others based in Germany. The aim, the group said earlier this month, is to present "a uniform voice" and advocate for an open environment for the development of blockchain applications, particularly in the public sector.
One notable aspect of the Blockchain Bundesverband is its political advisory panel, which includes representatives from the country's major political parties. Members include Thomas Jarzombek of the CDU and Jens Zimmermann of the SPD, Germany's two leading parties. Representatives from Die Linke, Die GrĂ¼nen and FDP are also part of the group.
The Blockchain Bundesverband is positioning itself ahead of federal elections, set to be held across Germany in late September.
The organization is eyeing the next government to take power as a potential partner. Once a new coalition forms in the Reichstag (Germany's legislature), the advocacy group will push for the "establishment of innovation-friendly legal certainty in the field of civil law, taxation and regulation", according to a new blog post.
The group is also calling for specific applications in the areas of record keeping and data management, as well as its use in "identity services and electronic signatures".
In statements, the startups involved argued that Germany should take a leading role in advancing the utilization of the tech.
"The potential of blockchain technology can only develop when citizens, as well as private and public institutions, connect with the technology and the technology itself is recognized by law and society," the group wrote.

Comments

Popular posts from this blog

Police Bust Alleged $13 Million Crypto Pyramid Scheme

Police in China's northwestern city of Xi'An have arrested the founders of a claimed nationwide cryptocurrency pyramid scheme that allegedly amassed 86 million yuan ($13 million) from over 13,000 people. According to a report  from local media source Huashang News, Wednesday, the scheme launched in March 28 this year after months in preparation by a primary suspect who has has the surname Zheng, as well as three other accomplices. The report cited an investigation from the police who said the scheme used a cryptocurrency called Da Tang Coin (DTC) that is linked to DTC Holding  - a firm under the suspect's control and registered in Hong Kong - to allegedly hoax potential members of the pyramid scheme. In various promotional events in multiple cities in the country, the scheme claimed that new members can make 80,000 yuan (roughly $13,000) per day with an initial investment of $480,000 to purchase the DBTC at $0.50 per token, according to the report. These promises of

Duncan Logan just tweeted that he's on board Electroneum

I have been a buyer and holder of bitcoin and Etherreum for a long time but this will be the first ICO I buy into--Duncan Logan. What is Electroneum? Electroneum (ETN) is a cryptocurrency that can be mined with a smartphone, requiring almost no technical knowledge or prior experience. This sets it apart from other cryptocurrencies (like Bitcoin) which require expensive hardware and technical know-how to mine. Electroneum’s unique mobile mining experience allows anyone with a smartphone to earn ETN coins by letting the miner app run in the background. It was designed specifically with mobile users in mind, thereby appealing to a potential market of 2.2 billion smartphone users around the world. Unlike other cryptocurrencies, Electroneum has a user-friendly, beginner-oriented interface that allows users to seamlessly transfer ETN coins between one another, check their balances, and mine coins. Being a  cryptocurrency , Electroneum is created, held, and spent electronically, and h

Exmo Bitcoin exchange manager kidnapped in Kiev

A manager of the Exmo Bitcoin exchange has been kidnapped in Ukraine. According to Russian and Ukrainian media reports Pavel Lerner, 40, was kidnapped while leaving his office in Kiev's Obolon district on 26 December. The reports said he was dragged into a black Mercedes-Benz by men wearing balaclavas. Police in Kiev confirmed to the BBC that a man had been kidnapped on the day in question, but would not confirm his identity. A spokeswoman said that the matter was currently under investigation, and that more information would be made public later on. Mr Lerner is a prominent Russian blockchain expert and the news of his kidnapping has stunned many in the international cryptocurrency community. Exmo described him as an analytics manager. Blockchain is the technology that underpins the digital currency Bitcoin. Exmo Finance is registered with Companies House in the UK, but has its main operations in Ukraine. According to its website, it has 94,955 active users tra