Sunday, February 18, 2018

Government notary bots in Malta

The government of Malta has come up with an idea that businesses dealing with cryptocurrencies may find interesting. A new policy document seeks to set up a special agency which will “certify” blockchain platforms and “verify” crypto transactions. It is supposed to “bring peace of mind” to companies using these technologies to cut out central authorities and banks. Valletta also proposes legislation that will define the roles of intermediaries and regulate initial coin offerings.
Yes, though the private sector can do this.  

The plan in Malta is that  any trader  can request a government insurance  before doing atomic swaps. They are proposing pipeline control but don't know it yet.

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