Blockchain Lobby Group Set in Germany
A new federal digital currency and blockchain lobby group called the ‘Blockchain Bundesverband’ has been launched in Germany. The official founding of the lobby group took place at the German Parliament building, the Bundestag, in Berlin.
The lobby group was initiated by blockchain enthusiasts, startup founders, and local politicians from the CDU, SPD, Die Linke, Die Grünen and FDP party. The most prominent startups that joined the lobby group are Slock.it, IOTA and Jolokom, which are also based in Germany.
Blockchain Bundesverband’s main goal is to help German startups and government institutions to integrate blockchain technology into their services and systems. Another significant milestone for the organization is the official acknowledgment of blockchain-verified documents, timestamps, and IDs by the German government.
The new blockchain association also houses an advisory panel comprising of politicians from different parties alongside other stakeholders. The advisory panel plans to address the usage of blockchain technology in a public office system by 2020; implementation of proper government regulation for blockchain and bitcoin; and the creation of a blockchain commission that will support the German government regarding the technological transition of government functions.
