Published On: Sat, Jul 1st, 2017

Germany Creates Official Organization for Public Advocacy of Blockchain Tech

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Officially named the  ‘Blockchain Bundesverband’, the new German advisory panel, which is focusing on public advocacy of blockchain technology in Germany, was launched at the German Reichstag with the help of local politicians, blockchain advocates, and startup leaders.
Encryption in Germany
On June 20, 2017, the German government voted into law a new bill which would effectively allow police and other government agencies to install a ‘state trojan’ onto suspects’ electronic devices. The ‘state trojan’ would give governmental bodies the ability to monitor encrypted traffic, like popular messaging apps Whatsapp and Single, that use encryption for secure communication between users.

Germany Ready to Undermine Encryption in Terror Fight via “source telecom surveillance” https://t.co/YYKou1MmZN via @AuAnon
— Gregg Housh (@GreggHoush) June 16, 2017

Many security experts raised concerns that this bill could potentially hinder technological innovation and be damaging for startups and corporations that use p2p encryption for their services. Bitcoin and blockchain experts expressed regarding the privacy of cryptocurrency users and traders as well, fearing that the bill could be used to spy on cryptocurrency traders and startups that use blockchain technology for their services.
Blockchain …

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