[2018-12-21]Italian Government Will Help Blockchain And Innovations With 1 Billi

[Vladdirescu87]

Italian Government Will Help Blockchain And Innovations With 1 Billion Euro

Italy has been trying to keep pace with technological progress. That is probably the most obvious reason for the country’s government to support the development of blockchain, IoT, AR/VR and other innovative technologies.

Earlier this year, the Ministry of Economic Development adopted the Budget Law with special attention to investment in emerging technologies. Thus, 1 billion Euro is to be invested in blockchain and other innovations in 2019. The law also stipulates the establishment of a fund for the support of technologies

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/italian-government-will-help-blockchain/

[LeGaulois]

How the government will invest the funds is something else. If it's to help startups/companies then don't forget that it's the citizens who will pay (thanks to the taxes) and the companies will benefit. They will charge you then to use what you already paid....
If it's to help the administration with papers, healthcare system or something that belongs to the govt it's ok.


The Italian media says https://www.startupbusiness.it/legge-di-bilancio-ecco-i-fondi-per-venture-capital-blockchain-iot-e-ai/97953/

a fund to encourage the development of technologies and applications of artificial intelligence, blockchain and the Internet of Things, with an allocation of €15 million for each of the years 2019, 2020 and 2021

15+15+15=45