The Blockchain and Crypto Assets Observatory intend to improve the digital economy. The initiative arises from the Chair of Financial Markets Law.
The University of San Pablo, in the Spanish capital (Madrid), will have its Blockchain and Cryptoactive Observatory, with the sole intention of stimulating development and knowledge regarding the digital economy.
Through a publication, issued this Friday, July 2, the house of studies reported on the creation of this observatory. The Blockchain and Cryptoactive Observatory of the University of São Paulo were born from the Chair of Financial Markets Law.
The press release states that the focus of this observatory aims at the main challenges and impediments that arise against a fruitful ecosystem. It also mentions the search for solutions to place Spain at the top of digital evolution.
The dean of the Faculty of Law and director of the chair, Alfonso Martínez-Echeverría, described this observatory as a point for a debate that paves the way to identify problems, and at the same time, proposed the development of solutions that allow a country and its citizens, to advance as a society in these difficult times.
During the next cycle of courses, the observatory will create a set of seminars and other academic, research, and dissemination activities to delve into the scope of the use of blockchains.
The main goal of this cycle will be to study some issues that would arise from the application of blockchain technology to various sectors, such as finance, energy, or company law.
Spain keeps looking for Use cases for Blockchains
Spain is one of the countries with the most active exploration of use cases for blockchains, beyond the creation of cryptocurrencies. This interest includes other colleges, companies, and both national and regional governments.
Last November, more than 150 companies in this industry got registered in the European country, according to data from the European Union Blockchain Observatory and Forum.
Various observatories in the country make efforts in searching use cases for blockchains, while some initiatives have already started to use some blockchain for plenty of areas.
Among these initiatives, there are project management, stock market operations, and even the fishing sector has already invested in improving these technologies.
The Department of Digital Policies and Public Administration of the Government of the Generalitat of Catalonia released a Blockchain Observatory to promote and evaluate the use and development of this technology in that region of Spain.
Among the initial actions of this entity is the mapping of the agents that make up the ecosystem of blockchain technologies in Catalonia. The activity started at the end of last July and has made it possible to identify three cases of use of this technology that qualify as successful.
By: Jenson Nuñez
