Blockchain technology news

A world in which, with your mobile, sitting comfortably at the table, you can know everything in a few seconds, really everything, about the traceability of what you have on your plate and in your glass, is here. Italy is supporting new technologies including blockchain and distributed ledger technology (DLT) to transform the food industry.

The distributed ledger technology (DLT) or Blockchain for the traceability of Made in Italy, is the project launched by the Ministry of Economic Development (MiSE) in collaboration with IBM and representatives of the Italian textile production chain. The aim is to defend the excellence of locally manufactured products and services on international markets, combat counterfeiting and support the competitiveness of manufacturing companies.

University courses related to technological innovations including blockchain are on the increase in Europe. Now, a new master is arriving in central Italy, which is the first master's degree in blockchain, distributed ledger technology (DLT) and cryptocurrency, and is comprehended in collaboration with the Gabriele D'Annunzio University of Chieti-Pescara, the Champion of Innovations event promoted by the Chieti-Pescara Confindustria and a team of domestic firms.

Blockchain technology is already known to the Sardinian agribusiness. The law proposal presented by the M5S regional councilor Alessandro Solinas, aimed at creating a multifunctional regional IT platform able to reconstruct and follow the path of food through all stages of production in Italy, is an ambitious and great potential goal from the farm to the fork.

European football including Italian clubs, goes online with the cryptocurrency and blockchain technology. For many of the top clubs the development of the possibilities offered by cryptocurrency is a key step to increase turnover.

Privacy is one of the new technological trends of the last year. More and more important companies are shifting this functionality into their core business, even the big giants like Google, Facebook and Amazon.

Blockchain, smart contracts and incentive mechanisms on cryptocurrencies have big abilities in terms of environmental and social sustainability in Italy, nevertheless, it is necessary to keep in mind that technology is only a tool and that only if correctly applied will it really facilitate the adoption of “green” and fair. Let’s then examine the opportunities offered by the distributed ledger technology (DLT).

The Italian political party Five Star Movement (M5S) is now planning to use innovative technologies including blockchain and distributed ledger tech (DLT) to stop buses and track crimes.

Coop and IBM today announced the first results of a journey that began a year ago, with the launch of a "Call for Ideas" dedicated to the application of blockchain technology to the food chain and in particular to the production of Made in Italy brand eggs.