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Germany's blockchain initiative: How adoption became a reality in 2020


New Year Special
Germany has a very diverse, active blockchain ecosystem of companies and enthusiasts, especially in the city of Berlin. And an important step in the development of this ecosystem has been taken by the federal government itself, which tries to preserve and promote the vibrant blockchain ecosystem to continue its growth and make Germany an attractive opportunity for investment in this field.
Comprehensive, sound regulation
To further this goal, the German government adopted a national blockchain strategy back in September 2019 to support its commitment to the use of the technology. The 44 individual measures contained therein are to be realized by the end of 2021 by a total of 10 federal ministries. Exactly one year later, in September 2020, 17 measures were already very far advanced, 20 were still in progress and nothing had happened yet with seven measures — according to an evaluation published by Bitkom, Germany’s federal association for i ....

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