Italian Government To Develop New Blockchain Strategy with 30 Experts

Italy national blockchain strategy distributed ledger technology

The Italian government has drafted in the help of some 30 experts tasked with developing a national blockchain strategy, according to reports emerging today.

According to local media, the team will work with the government to advise and develop blockchain strategy, at a time of increasing interest from governments around the world in the benefits of distributed ledger technology across a range of domestic and international functions.

Answerable to the Ministry of Economic Development, the list of those being consulted on the project was published this week, drawing expertise from sectors including law, business, computer science and blockchain technology.

The publication lists a number of notable individuals, including Monaco Marco, leader of blockchain competence at PwC, Angiolini Giorgio of Italtel (and also of the UN’s INFO blockchain project), and Pimpinella Martino Maurizio of the Italian Association of Paying Services Providers.

The team of experts is the result of a call issued by government officials back in September, when the ministry issued a statement of its “fundamental priority” — to “know, deepen and address the issue of distributed ledger technologies (DLT) and blockchain, as well as increase public and private investments in this direction.”

At the time, Deputy Prime Minister Luigi Di Maio said gathering expertise was an important part of shaping national strategy around emerging technologies like blockchain and AI.

“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.”

The group will focus on exploring use cases for blockchain in both private- and public-sector functions, as well as reviewing regulation and requirements for technical and regulatory support in developing blockchain technologies.

The move comes just weeks after Italy signed a blockchain memorandum with six other southern EU nations, pledging to develop blockchain understanding and use cases to leverage the economic advantages of distributed ledger technology.

It coincides with moves from countries worldwide to develop their approach to blockchain, with an increasing number of governments and public-sector agencies deploying the technology to streamline administration.