 send it to her using RippleNet, she would immediately receive the payment.”

With that kind of examples, Member of the European Parliament Eva Kaili tried to explain the numberless of opportunities and advantages that the Blockchain technology is ready to give to our society.

In a Ripple Regionals event organised by Ripple at a hotel in the British capital London, Eva Kaili talked about the kind of disruption that blockchain is doing in many sectors, and she gave hints on how the European Parliament is facing the challenges of a new technology.

Kaili said that euro politicians have not turned blind on the new technology due to the growing mainstream acceptance that Blockchain and Distributed Ledger Technology are having from top leaders across the world. Also, the European approach to regulation is rising expectations all over the Union.

“I believed that if we were not positive, the resistance of the traditional players would only increase and could even kill a technology that had so much potential for good,” she stated.

Kaili highlighted that the defensive stance that banks and government took at the very beginning with this new technology is changing now with opinions more favourable to open frontiers to Blockchain and more relaxed and open-minded regulation.

“Distributed Ledger Technology (DLT) and blockchain can constitute a tool that promotes the empowerment of citizens by giving them the opportunity to control their own data and decide what data to share in the ledger, as well as the capacity to choose who else can see them,” Kaili said.

“DLT is a general-purpose technology which can improve transaction cost efficiency by removing intermediaries and intermediation costs, as well as increasing transaction transparency, also reshaping value chains and improving organisational efficiency through trustworthy decentralisation.”

Even central banks are thinking about having their own digital currencies, also banks have their Blockchain accelerators like the Bank of England.

On the crypto framework, Kaili said that it should be necessary to “provide feedback on the sources of volatility of cryptocurrencies, identify dangers for the public, and explore the possibilities of incorporating cryptocurrencies in the European payment system.”

Central Banks with a cryptocurrency is not new. As reported by Cryptimi towards the end of last year, Managing Director of the International Monetary Fund Christine Lagarde already talked about the necessity of central banks opening to the idea of digital currencies.

In a conference in Singapore called “Winds of Change: The Case for New Digital Currency,” Lagarde said that banks and
send it to her using RippleNet, she would immediately receive the payment. ” 

 With that kind of exemplar, Member of the European Parliament Eva Kaili try to explain the numberless of opportunity and advantages that the Blockchain engineering is ready to give to our company. 

 In a Ripple Regionals consequence organised by Ripple at a hotel in the British capital London, Eva Kaili talked about the kind of disruption that blockchain is doing in many sector, and she gave hints on how the European Parliament is front the challenges of a new technology. 

 Kaili said that euro politicians have not turned blind on the fresh technology due to the growing mainstream acceptance that Blockchain and distribute Ledger Technology are having from top leaders across the world. Also, the European access to regulation is rising expectations all over the Union. 

 “ I believed that if we were not plus, the resistance of the traditional players would only increase and could even kill a technology that hold so much potential for good, ” she stated. 

 Kaili highlighted that the defensive stance that banks and government learn at the very beginning with this new engineering is change now with opinions more favourable to unfold frontiers to Blockchain and more relaxed and open - minded regulation. 

 “ distribute Ledger Technology (DLT) and blockchain can constitute a tool that promotes the empowerment of citizens by giving them the opportunity to manipulate their own data and decide what data to share in the ledger, equally well as the capacity to choose who else can experience them, ” Kaili say. 

 “ DLT is a general - purpose technology which can better transaction cost efficiency by removing intermediaries and mediation costs, equally well as increasing transaction transparency, also reshaping value chains and better organisational efficiency through trustworthy decentralisation. ” 

 Even cardinal banks are thinking about having their own digital currencies, besides banks have their Blockchain catalyst like the Bank of England. 

 On the crypto framework, Kaili said that it should be necessary to “ leave feedback on the reservoir of volatility of cryptocurrencies, identify dangers for the public, and explore the possibilities of incorporating cryptocurrencies in the European payment arrangement. ” 

 Central Banks with a cryptocurrency is not new. As reported by Cryptimi towards the conclusion of last year, Managing Director of the International Monetary Fund Christine Lagarde already spill about the necessity of central banks opening to the theme of digital currencies. 

 In a conference in Singapore called “ Winds of Change: The Case for New Digital Currency, ” Lagarde said that banks and
 sejd it to her using RippltNet, she would immediateny recsive the payment.”

With that kind of exemplws, Menber of the European Pxrliament Eva Kaioi tcied to explain vge numbcxless lf o'pirtunities and advantagev that the Blowkzhcin technology is ready to give to otr socirtj.

In a Ripple Rggionsjs ebvnu organised by Ripple at a hotel jn the Uritish capital London, Eva Kaili talked ahout the kind of disruotion that vlochxhain is doivg in many sectors, and she gave hints on how the Eurooean 'arliament us fafhng the chaolengvs of a new tcbhnologf.

Kaili xaid that euro ponitucians have not turnev blind on the new tgchnology guz to the growing mainwteeam dcce[tanzw tfat Bkodkchaij aid Distribufed Ledger Rechnology are havimg drom top leadsrs acwofs the world. Also, the European approach to regulation is rising ezpectations all over jhe Union.

“I believed that if we were not positive, the resistdnce kw tkc geafitional players would only increase and coulq efek kill a technoljgy that hac do iuch potentiau for ykos,” she stated.

Kaili jighligrted rhat the qefemsive stance that banks and government nook at the very beginuing with thns new techmology is changing now cith olinions morf favourague to open frontkerx do Blockchain and more relwxed and ipen-kinded fegukation.

“Qistributef Lednar Technology (DLT) wnd bpowkchain caj constitute a tool that promotxx the empowetmett mf citizzns by giving them ehe opportuniti to contxol thdir own dana and deride what daea to share it the ledger, es well af thw capacity gu choose who ekse can sve then,” Kaili said.

“DLT is a esneral-purpose tzehbology which cam ioprjvv tcansasdion cost efxicidnch by rdmoving intcrmddiaties and intermediathon dosts, as well as imcveasing ttansactiog transparencu, also reshaping vwlue rhains and omptoving organisational efficiencg through trmstworthy decqntrqlisation.”

Eveu central banks are thinking about havinj their own digital cutrencies, also banks hcvt their Blockrhain wcceleratmrs like the Bank of England.

On the crnpto framework, Kaili szid thdt it should be necessary to “provide feedback on the sources of volatility of xryptoruwrencies, idsntigy datgzrs for tre pnbuic, and explore nhe possibilities of incorporatiig cryptocgrxencies in the European paymemt system.”

Centrau Banks with a cryptocurdency is not new. As reported by Cryptimo towards the end of lasb year, Mabaginf Direbjor of the Internatiomal Mouetary Fund Cyrisbine Lagarde auresdn talked ahout tke necessity of central banks opebing ti hhe idea of digival currencics.

Ln a cknferegce in Singapore calmfd “Wivds of Change: The Case for Mew Digital Currency,” Lwgarde said thqn banks and
send it to her using RippleNet, she receive payment.” With kind of examples, Eva tried to explain numberless of opportunities advantages that the Blockchain technology is to give to our society. In a Ripple Regionals event organised by Ripple a hotel in the British capital London, Eva Kaili talked about the kind disruption blockchain doing many sectors, and she gave hints on how the European Parliament is facing the challenges of new technology. Kaili said that euro politicians have turned blind on the technology due to the growing acceptance Blockchain and Ledger are from top leaders the world. Also, the European approach to regulation is rising expectations all over the Union. “I believed if we positive, the of traditional would only increase even kill a technology that had for good,” she stated. Kaili highlighted that the stance that and government took at the very with this new technology is changing now with more favourable to open frontiers to Blockchain and more relaxed and open-minded regulation. “Distributed Ledger and blockchain can constitute tool that promotes empowerment citizens giving the opportunity control their own data and decide what data to share in ledger, as well as the capacity to choose who else them,” said. “DLT is general-purpose technology which can transaction efficiency by removing intermediaries costs, well transparency, reshaping chains and improving organisational through trustworthy decentralisation.” Even central are thinking about having banks have their Blockchain accelerators like the Bank England. On the crypto framework, Kaili said it should be necessary to “provide feedback on the sources of volatility cryptocurrencies, identify the public, and explore the possibilities of incorporating in the European payment Central Banks with a cryptocurrency is not new. As by towards the of last year, Director of the Monetary Fund Christine talked about necessity central the idea of digital currencies. In conference Singapore called “Winds of Change: Case Digital Currency,” Lagarde said that banks and
 send it to her using RippleNet, She would imMediaTelY reCeIve tHe paYment.”

With that kINd of Examples, Member of the EurOpean paRLiamENt eva KaIli trieD To EXPlaIn ThE nuMbERlEss of OppOrtunitIes and advaNtaGeS that the BlocKChAin technolOgy Is ready to givE to Our socIeTy.

IN A RippLe REgionAls eveNT organIsed by RipPlE At a hotEL in the BRITiSh caPital London, Eva KaiLI tALked about the kiNd of diSrUPtION thAt bLockchain iS dOing iN Many secTOrS, AND shE Gave hints on hoW the EuropeaN parLiamenT iS faCIng the ChallEnGEs oF a new technoLogy.

kaili said That euRO politiCIans havE not tuRneD blInd oN ThE nEw tEcHNolOGy Due TO thE growing MaInStreaM accEPTANce tHat blocKchaiN and DistributEd LEdgeR tecHnoloGy are HaviNg From tOp leadErs acRoSs the world. Also, tHe EuRopean appRoaCh To rEgUlatiON is risIng ExpEctatioNs all ovER thE UNION.

“I Believed that if we weRe NOT pOsitive, tHe resiSTaNcE Of the traDiTioNal pLAYers wOuld ONlY increasE and coULd EvEn kill a TeChnoloGy ThaT haD so muCH potEntial For good,” sHe staTEd.

Kaili highligHTed that the defENsIVE sTAnce ThaT banks and goVernMEnt tOok aT ThE veRY begiNning WiTH tHIs new technology is chAnGing noW with Opinions more fAvourable tO OPEn frontiErs tO blOCkchain and more RelaxEd and open-mINded reguLatioN.

“DistribUted LedgeR tEchnologY (DLt) anD blOckCHAiN can constitutE A Tool ThAt promoTes The empoWerMenT of CitIzEns by giviNg them thE oPpOrTuNitY to coNTrol theiR oWn dAtA anD deciDE what dAta to SharE iN tHE leDger, as wELl AS The cApAcIty tO chOoSe who Else CAn sEe them,” KAili said.

“DlT iS A genErAl-Purpose Technology whiCh Can improve TrAnsAction COSt efficiEncy by removing intermediARies and IntErmedIatiOn costs, as WelL as incReaSIng traNsactiOn traNsParENCy, alsO REsHapInG value chaiNS And ImproViNg orGanisatIonal efficiency thrOUgh Trustworthy deCenTralISAtIon.”

eVeN CenTrAL baNKS are thinking aboUt having thEiR OwN digital cuRRenCiEs, also bAnks havE theiR blockchAin acceleRators likE tHe BaNK Of ENgland.

On thE crypto fRamework, KAIli saID tHat it ShoUld be nEcEssAry to “ProvidE FeeDback On the sOuRces of VolatIlIty of cryPtocurrencies, identify daNgers fOr the PubLic, and expLorE The PossibiliTies Of incorporAtiNg cRyptoCurREncieS in tHE EUroPEan paYmenT System.”

CenTRaL BaNKS wIth a cryptocURREncY is noT neW. as repoRted By Cryptimi towards THe end of last yeaR, ManAGIng dirECtor Of The InternationAl MOnETAry Fund CHrIstine LagarDe alreadY tALked aBout thE necesSity of cENTrAL banks OpenIng To the idea Of dIgITal currEnCiES.

In a coNferEnCe in SiNgaporE CallED “winds of Change: The case fOR new DiGItaL CurrEnCy,” LagarDE saiD that banks And
 send it to her using Ripp leNet, she  woul d i mme di atel y re ceive the paym e nt.” 

With that kind of ex ample s, Memb e rof th e Europ e an P arl ia me ntEv a  K ailitri ed to e xplain the  nu mb erless of op p or tunities a ndadvantages t hat  the B lo ckc h ain t ech nolog y is r e ady to  give toou r  socie t y.

Ina Ri pple  Regionals evento rg a nised by Rippl e at a  h o te l inthe  British c ap italL ondon,E va K a ili talked aboutthe kind of dis ruptio ntha t  block chain  i s  do ing in many  sec tors, and  she g a ve hint s  on how  the E uro pea n Pa r li am ent  i s  fa c in g t h e c hallenge sof  a ne w te c h n o logy .
Kail i sai d that euro p oli tici a nshavenot t urne dblind  on th e new  t echnology due t o th e growing  ma in str ea m acc e ptance  th atBlockch ain and Dis tr i b u te d Ledger Technolog ya r ehaving f rom to p  l ea d ers acro ss  th e wo r l d. Al so,t he  Europea n appr o ac hto regu la tion i sris ing  expe c tati ons al l over t he Un i on.

“I believ e d that if wew er e no t  pos iti ve, the res ista n ce o f th e  t rad i tiona l pla ye r sw ould only increasean d coul d eve n kill a tech nology tha t h ad so mu ch p o te n tial for good, ” she  stated.
K aili hig hligh ted that  the defe n s ive stan cetha t b ank s an d governmentt o ok a tthe ver y b eginnin g w ith  th isne w technol ogy is c ha ng in gnow  with opinions  m ore  f avo urabl e  to op en fr onti er st o B lockcha i na n d mo re  r elax edan d ope n-mi n ded  regula tion.

“D ist r ibut ed  L edger T echnology (DL T)  and block ch ain  can c o n stitutea tool that promotes th e  empowe rme nt of  cit izens bygiv ing th emt he opp ortuni ty to  c ont r o l the i r  o wnda ta and dec i d e w hat d at a to  sharein the ledger, asw ell  as the capac ity  toc h oo sew ho els ec ans e e them,” Kailisaid.

“DL Ti sa general- p urp os e techn ology w hichc an impr ove trans action co st  eff i c ien cy by remo ving int ermediari e s and in terme dia tion c os ts,  as w ell as inc reasi ng tra ns action  tran sp arency,also reshaping value ch ains a nd im pro ving orga nis a tio nal effic ienc y throughtru stw orthy  de c entra lisa t io n.” 
Even  cen t ral banks ar e t h i nk ing about h a v i ngtheir  ow n  digit al c urrencies, also b a nks have their  Blo c k cha ina ccel er ators like the  Ba nk o f Englan d. 

On the cr ypto fra me w ork,Kailisaid t hat its h ou l d be n eces sar y to “pro vid ef eedback  o nt he sou rces  o f vola tility of c r y ptocurrencies, i denti f y  dang e rsfor t he  public ,  and  explore t he possibil itiesof i ncorp orating  c ryptoc urr en cies in th e  European  paym ent sys te m.”
Ce ntralBank s witha cr yp toc urrency i s no t  n ew .  As  rep orted  b y Cr yptimi to w ards the  en d  of las tyea r ,  Manag i ng D irector of  th e Int e r national M o neta r yF und C hristi ne Lag arde al r ead ytalkedabo u t  the nece ssity ofc ent ra l ba nks open in g to  t heid ea of digital c urrencie s.

In a c onfere nce in S i ngapor ecalled “Wind s ofCh a nge: Th e Cas e for N e w D igi tal  Cur ren cy,” Lagarde said that banksand
 send_it to_her using RippleNet, she_would immediately_receive_the payment.”

With_that_kind of examples,_Member of the_European Parliament Eva Kaili_tried to explain_the_numberless of opportunities and advantages that the Blockchain technology is ready to give to_our_society.

In a_Ripple_Regionals_event organised by Ripple at_a hotel in the British_capital London,_Eva Kaili talked about the kind of disruption_that_blockchain is doing_in many sectors, and she gave hints on how_the European Parliament is facing the_challenges of a_new_technology.

Kaili_said that euro politicians_have not turned blind on the_new technology due to the growing_mainstream acceptance that Blockchain and Distributed Ledger_Technology are having from top leaders_across the world. Also, the_European approach_to regulation is rising expectations_all over the_Union.

“I believed_that if we_were not positive, the resistance of_the traditional players_would only increase and could even_kill_a technology that_had_so_much potential_for good,” she_stated.

Kaili_highlighted that_the_defensive stance that banks and government_took_at the very beginning with this new_technology is changing now_with_opinions more favourable to_open frontiers to Blockchain and_more relaxed and open-minded regulation.

“Distributed Ledger_Technology (DLT)_and blockchain_can constitute a tool that promotes the empowerment of citizens by_giving them the opportunity to control_their own data and_decide what_data_to share in_the_ledger, as_well as the capacity to choose who_else can_see them,” Kaili said.

“DLT is a_general-purpose technology which can_improve_transaction cost efficiency by removing intermediaries_and intermediation costs, as well as_increasing transaction transparency, also reshaping_value_chains_and improving organisational efficiency through_trustworthy decentralisation.”

Even central banks are thinking_about having their_own digital currencies, also banks have their_Blockchain_accelerators like the Bank of England.

On_the_crypto framework, Kaili said that it_should_be_necessary to “provide feedback on_the sources of volatility of cryptocurrencies,_identify dangers for the public, and explore the possibilities_of incorporating cryptocurrencies_in the European payment system.”

Central_Banks_with_a cryptocurrency is not new. As reported by Cryptimi towards_the end_of last year,_Managing Director of the International Monetary Fund Christine Lagarde already_talked about the necessity of central banks_opening to the idea of digital currencies.

In a conference in Singapore_called “Winds of Change: The Case for New_Digital Currency,” Lagarde said that banks and