Blockchain strategy: Bitkom takes stock

A year ago the government announced the „Blockchain Strategy“. One year later, Bitkom evaluates the current status of implementation. While some points are already well advanced, the ministries have so far completely neglected others.

A year ago, the federal government published the blockchain strategy

The paper is intended to set the course for the future of blockchain technology. A total of 158 experts gave opinions on the technology, which is how the strategy paper was drawn up. A total of ten federal ministries are playing a leading role in the blockchain strategy. The Federal Association for Information Technology, Telecommunications and New Media (Bitkom) now, exactly one year later, submitted an initial annual balance sheet on the implementation of the goals set.

The association represents around 2,700 companies and tries to create favorable framework conditions in politics and business for them. Commented on every single one of the government’s 44 blockchain technology announcements the association therefore added a traffic light system that divides these measures into the areas of ‚(as good as) completed‘, ‚in progress‘ and ’not yet started‘.

Green, yellow and red: The blockchain ride is bumpy

Earn a passive income with the interest-bearing wallet from ArbiSmart and the fully automated Crypto Arbitrage trading system. Benefit from an EU-licensed and regulated platform that offers investments with a return between 10.8% and 45% per year.

The processing of a good third (17) would be very advanced, almost half (20) are currently being processed. As in its statement, the association emphasized the progressiveness of the bill on electronic securities . The stakeholder was also satisfied with the research, development and funding.

Bitkom considered communication about the new technology to be less successful: not a single planned workshop was actually carried out. There is definitely interest. According to a survey carried out by Bitkom in the spring, two thirds of the companies surveyed (all with 20 or more employees) attached great importance to blockchain technology. But only six percent have already dealt with it in some form – theoretically or practically -.

However, seven measures have not yet received any attention. The use of blockchain technology is particularly poor in state-run operations. Neither the announced use for evidence nor for consumer protection were addressed by the responsible ministries (justice, interior and economic ministries), emphasized the association separately.