How The Netherlands Is Blazing A Trail Through The Blockchain Scene
October 15, 2018
The world is abuzz about blockchain, but not all are equally up to speed when it comes to their embrace and support of this important emerging technology.
Some have focused on cracking down on potentially predatory behaviors, even at the cost of thwarting enterprises that could massively improve quality of life throughout society. But some countries have made it a point to dive head first into blockchain and show federal support and encouragement for blockchain innovation.
The Netherlands has emerged as such a leader. In fact, it launched government-supported blockchain pilot projects, and pushes for new prototypes, project implementation, and international partnerships. Partners so far include the World Bank, the United Nations, and the EU Forum.
The Netherlands also announced in May that the Ministry of Economic Affairs and Climate Policy created a special blockchain unit with a research agenda mainly focused on establishing if the trustless nature of blockchain is reliable, determining if blockchain is sustainable from the perspective of energy consumption, and discovering the best ways in which blockchain endeavors can be managed and governed.
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