Pro 07

Six EU Nations Sign Agreement to Regulate Distributed Ledger Technology (DLT)

The Government of Malta this week announced the signing of a joint declaration of cooperation on Distributed Ledger Technologies (DLT). They joined a group of six other Southern European countries; France, Italy, Portugal, Spain, Greece, and Cyprus.

Transformative Technology

The countries released a joint-statement noting a shared view that the digital sphere is an ideal policy area for future cooperation. It also claims that DLT (a.k.a. blockchain technology) and other emerging technologies, such as 5G and artificial intelligence, could transform the countries economies.

The Digital Economy and Society Index shows that Southern European countries have huge potential for growth in the sector. The countries believe that a cooperative approach can lead to an expansion of their digital ecosystems, making the region a leader in this industry.

Game Changer

Distributed Ledger Technology is particularly singled out for its potential to further democratize the European economic model. The trust-based technology could transform services in areas as diverse as education, shipping, land registry, and healthcare.

This would increase transparency and accountability, whilst reducing administrative burdens. The promotion of blockchain enhanced solutions could empower citizens to take control of their personal data and online privacy.

Plan Of Action

The signees of the statement believe it is a government responsibility to promote emerging technologies and pledge to do so. This will be through educational programs at all levels to ensure citizens understand the technologies potential.

They state that “any legislation on Distributed Ledger Technologies should take into account the decentralized nature of such technology and should be based on European fundamental principles and technological neutrality.”

The countries plan to hold regular technical meetings, sharing best practices in the sector and exploring potential cross-border DLT projects. They commit to regular progress reviews and call upon the European Commission to continue working on the European Blockchain Partnership.

Go Southern Europe!

The full text of the statement (in English) is available here.

Will regulation of DLT help boost adoption or hinder it? Share your thoughts below!

Images courtesy of Shutterstock, Twitter

Kvě 13

Web Summit to Host Two-Day FinTech Event in Madrid

Source: bitcoin


On 21 and 22 June over 1,500 people from the world of fintech will come to Nave Boetticher, Madrid to take part in MoneyConf. This invite­ only event is being brought to Madrid by the organisers of the world’s largest startup event Web Summit.

Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services.

Web Summit’s MoneyConf Coming to Madrid

MoneyConf is the most important global meeting place for leading financial institutions and disruptive startups ­ an event for entrepreneurs, investors, startups and the global financial powerhouses to gather in one intimate space.

Organisers moved the event to Madrid for 2016 from Belfast after seeing what a up and coming tech hub the city has become along with its importance in the world of finance.

Fintech has become a growing area in the world technology and Madrid, with homegrown fintech companies such as Kantox, peerTransfer and Coinffeine, is gaining visibility in the fintech world market.

Traditional banks have been slow to catch onto the fintech bandwagon, but Spanish banks have been some of the first to react.

In 2015 Santander launched a €24 million incubator for startups along with Monitise. Through its venture arm InnoVentures Fund, Santander invested $5 million in MyCheck, it has also invested in Cyanogen. ​Santander will be among the companies speaking and taking part in MoneyConf.

Other big names speakers that will be taking part in the event include:

  • ­ Taavet Hinrikus, Co­Founder & CEO, TransferWise ­
  • Alexander Graubner­Müller, Co­Founder & CEO, Kreditech ­
  • Kathryn Petralia, Co­Founder & COO, Kabbage, Inc ­
  • Al Goldstein, CEO & Founder, Avant ­
  • Jacob de Geer, Founder & CEO, iZettle ­
  • Ann Cairns, President ­ International Markets, MasterCard ­
  • Maria Gracheva, CEO, Yandex.Money ­
  • Claire Calmejane, Director of Innovation, Lloyds Banking Group

MoneyConf will see over 100 speakers take to the stage to discuss subjects like:

● Banking Infrastructure

● Big Data ● Cryptocurrencies

● Capital Markets

● Credit & Lending

● Cybersecurity

● Digital Commerce

● Enterprise Banking

● Insurance

● IoT & Wearables

Paddy Cosgrave, CEO of Web Summit and MoneyConf said:

“MoneyConf is Web Summit’s first vertical event, it was natural for us to focus on fintech as it is such an important area.

“We are extremely excited to host MoneyConf in our new location Madrid. Madrid is an important financial hub in Europe and is becoming one of the forerunners in fintech.

“With some great startups coming from Madrid like Kantox and peerTransfer along with some of the biggest banks in the world such as Santander, we are excited to be coming to Madrid.”

Images courtesy of World Cities via YouTube, MoneyConf.

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Web Summit to Host Two-Day FinTech Event in Madrid

Dub 14

Chip-Chap Allows You to Buy Bitcoin At More Than 500 ATMs In Greece

Source: bitcoin

Chip-Chap Allows You to Buy Bitcoin At More Than 500 ATMs In Greece

Chip-Chap, the Bitcoin app that is usable at more than 10,000 ATMs in Spain and Europe, expands its network to the Hellene country of Greece with more than 500 EasyPay ATMs, which from now on will allow the purchase of bitcoin via the Chip-Chap android app.

Also read: First Blockchain Hackathon In Greece

Disclaimer: This is a press release. Bitcoinist is not responsible for the products and/or services of these firms.

Buy Bitcoins In Greece with Chip-Chap

The process is very simple. You just have to follow these steps:

  1. Install and open Chip-Chap. You can download it from the following link:
  2. Pick the option EasyPay to Bitcoin
  3. Choose the amount and the address of the wallet where you want to receive the bitcoins
  4. Pick the option Deposit money into the EasyPay ATM
  5. Type in the reference and the account
  6. Deposit the money at the ATM
  7. After a while you will have your bitcoins in your wallet!
  8. You can also share the orders on Whatsapp and your social networks to request the payment

This process can be done at any of the EasyPay kiosks from Piraeus Bank, which has an extensive network in Greece.

  • 455 EasyPay kiosks within Piraeus Bank branches
  • 45 EasyPay kiosks within Vodafone stores
  • 19 EasyPay kiosks within Interamerican branches
  • 12 EasyPay kiosks within PPC branches
  • 10 EasyPay kiosks within Municipality of Athens service points
  • 6 EasyPay kiosks within Sklavenitis Supermarkets
  • 2 EasyPay kiosks within Germanos / Cosmote stores

About Chip-Chap
Chip-Chap ( is a company born from the rural incubator, Entropy Factory, and since its creation has grown exponentially. Chip-Chap has increased its range of services in order to introduce these new technologies; up til now, Chip-Chap has developed one of the largest networks of physical points of sale for bitcoin transactions and has removed the barrier of online shopping with this digital currency.

Chip-Chap’s other services include:
Bitcoin -> Halcash ATMs (more than 10.000 in Spain and Poland)
Bitcoin -> SEPA transfer (bank transfers all around Europe)
Bitcoin -> virtual visa (allows to buy in thousands of online commerces with a virtual card)
EasyPay -> Bitcoin (purchase bitcoin in more than 500 ATMs all around Greece)
SafetyPay -> Bitcoin (purchase with your bank credentials in more than 15 countries)
Paynet -> Bitcoin (purchase in mexican establishments: Eleven, Oxo and many others)

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Chip-Chap Allows You to Buy Bitcoin At More Than 500 ATMs In Greece