Blockchain as part of the German government agreement

If the new federal government in Germany would be formed, then - according to the closed coalition agreement between CDU/CSU and SPD the blockchain technology will be a part of it. However, the coalition, which would last until 2021, treats the topic quite vague – because of this leading experts warn that Germany could lose connection to the rest of Europe in terms of Blockchain. Another problem is that many German politicians seem to have lack of detailed knowledge about this new technology – revealed recently by a parliamentary inquiry of the FDP on the Blockchain-topic. Although the German capital Berlin has got an expending Blockchain start-up scene, many companies have their headquarters not in Germany, but in Switzerland, London and Gibraltar (although the British will leave the EU soon!) – for legal reasons and of course wherever they would find better circumstances for their businesses. Therefore the danger is great that added value in Germany could be lost if politics does not act soon.

Furthermore the Blockchain is also mentioned in the ÖVP-FPÖ government pact in Austria as part of a digitization focus.

 

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