Moldova Becomes Yet Another European Country to Experiment with Blockchain Tech

[Vladar49]

Moldova currently ranks as Europe’s poorest nation, with over 11% of the population below the poverty line according to the United Nations Development Programme. This is something it collectively hopes to change going forward as it prepares a countrywide initiative to leverage blockchains as a means of fostering economic innovation.

The Distributed Technology Moldova Association (DTMA) is the organization hoping to bring the tech to both Moldovan citizens and government officials alike.

The project is borrowing DASH’s (Digital Cash) decentralized governance style, implementing a voting mechanism modeled after Dash’s own. The realization of the concept will allow students and academics to apply for small grants focused on blockchain-based initiatives.

Read more: https://coinidol.com/moldova-becomes-eu ... hain-tech/

[CryptoBlackHat]

I think these smaller countries have a lot more to gain from offering crypto based payment solutions. Firstly there's the PR - elevating them in the global eye and making people more aware of their existence. But also since their economy is smaller it's easier to scale and deploy new solutions without some of the problems encountered in more established Western economies.