The focus on blockchain engineering as well as distributed ledgers cause got non gone yesteryear unnoticed, equally the European Parliament volition last hosting a four-day conference on digital currency as well as blockchains side yesteryear side week. Quite an interesting announcement, as well as peradventure fifty-fifty a hint equally to what is to come upward regarding rule inwards the European Union over the coming years.
European Parliament Blockchain as well as Bitcoin Conference
It is of import to banker's complaint this four-day event will non last held similar near traditional conferences touching upon the dependent area of digital currency. Instead, the project design is for the European Parliament to convey together fiscal players as well as develop them on distributed ledgers and how virtual currencies could last beneficial to them. Among the attendees volition last but about of the to a greater extent than prominent members of the fiscal sector, such equally the World Bank, IMF, as well as Bank for International Settlements. But they volition non last the alone ones receiving an teaching on blockchain technology, equally the UN as well as Europol volition last represented during this upshot equally well.
As ane would come upward to expect, at that topographic point volition last enough of academics, startups, key banks, as well as established companies inwards the blockchain footing introduce equally well. Although many people powerfulness argue Bitcoin is no longer of involvement to fiscal institutions, they cause got taken a liking to the concept of issuing their ain digital currencies equally of late. Syed Kamall, Member of the European Parliament, stated:
“I am pleased to last hosting the exhibition on blockchain as well as virtual currencies inwards the European Parliament. Legislators internationally are immediately looking at this expanse as well as how to protect the consumer piece stimulating innovation.”
Blockchain technology, on the other hand, has been the buzzword for near of 2015 as well as 2016 as well as then far. It is alone normal the European Parliament wants to learn involved inwards these matters, equally they may involve to flora a regulatory framework for this engineering at but about betoken inwards the future. Moreover, this four-day conference volition render vital insights equally to how digital currencies work, which may touching on Bitcoin equally well.
What are your thoughts on the European Parliament hosting a four-day blockchain conference? Let us know inwards the comments below!
Images courtesy of European Parliament, Shutterstock