Gibraltar became a GBBC member for the development of blockchain in the country

Gibraltar became a GBBC member for the development of blockchain in the country

Gibraltar has become a member of the Global Blockchain Business Council (GBBC), an organization dedicated to blockchain development in more than 50 countries. Gibraltar’s Minister of Digital and Financial Services, Albert Isola, has announced that the government will promote blockchain adoption in the British Overseas Territories. This requires organizing training seminars for business leaders and legislators, as well as consulting on the regulation of firms in the industry. The initiative aims to make the country…

UN Regional Adviser: blockchain is an effective tool for fighting corruption

UN Regional Adviser: “blockchain is an effective tool for fighting corruption”

David Robinson, regional adviser to the UN Office on Drugs and Crime, believes that blockchain will help governments in different countries fight corruption. David Robinson stated that blockchain-based solutions will help fight not only corruption, but also other economic crimes. The blockchain will provide full traceability of transactions, prevent changes to already entered data and protect documents from forgery. According to Robinson, due to corruption, society ceases to trust the state, and blockchain can become…