Italian House of Reps Approves ‘Semplificazioni’ Bill to Define Blockchain Distributed Ledger Technology

2019-2-8 22:17

A very important moment has finally come for Italy as the country’s parliament has approved a bill that is set to define the distributed ledger technology and the blockchain in the country. The bill was approved with 275 votes in favor, 206 against and 27 abstentions.

According to the local reports, the name of the bill will be “Semplificazioni” and now the digital agency of the country will define the terms and the technical specifics as well some related definitions like smart contracts and how they will have to work in order to be legal in the country.

Another bill has also been approved by the Senate of the country recently, on January 23. However, this is another one and it establishes the blockchain as a valid way to store digital records and to validate legal documents.

Voting Using The Blockchain

A member of the Movimento 5 Stelle (5 Star Movement) of the Italian Parliament, Maria Laura Mantovani, has affirmed that Italy is even considering to use the blockchain technology for online voting, which would make the voting more secure and easier to handle.

However, she acknowledged that the discussion is purely theoretical at the time as there are no actual projects in place to implement these systems at the moment. The party is currently talking to experts in order to be able to prove the efficacy of this kind of voting system so that it can be used in the system.

The country currently has a list of over 30 experts in the blockchain technology which can be called from time to time in order to help the country to find other interesting ways to use this new technology at the state level.

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