The first Romania Blockchain Summit takes place this Friday and Saturday in Bucharest.

The event is being funded and organised largely by the country’s government in order to showcase innovative technologies in the south-eastern European region.

Together with the European Blockchain Observatory and Forum, the Romanian Ministry of Communications and Information Society aims to bring together the public sector, political decision-makers, developers, researchers, global entrepreneurs, leaders, and innovators.

A host of impressive guests will join the gathering at the iconic Romanian Palace of Parliament in Bucharest from June 21 to 22 to take part in networking opportunities with professionals from across the industry.

Government official Alexandru Petrescu, Minister of the Communications and Information Society, said Romania recognised that blockchain’s usefulness went beyond that of just the technology behind it.

Forward-looking

“Now is the right time to launch a comprehensive debate on our forward-looking vision on blockchain technology’s capacity to shape our lives, transform our businesses across multiple industries, and bring us closer together,” he said.

“We must encourage and support innovative technologies that we can join with trust in our efforts to secure peer-to-peer transfer of digital assets, and to also find new applications and uses that improve our everyday lives and the competitiveness of our businesses.

“We stand at the precipice of great changes in human society – blockchain is not just a technology, it is a new way of connecting people, creating a radically new and innovative economy and society.”

He also explained that his country is eager to claim its place among the world’s blockchain elite.

“Romania, due to its unique advantages in human resources, IT tradition, and infrastructure, cannot sit idle and watch,” he added.

“We must assume a bold position as pioneers and innovators, as regional leaders in the rising blockchain industry.

“To empower progress, we must stand together with a united voice and communicate the advantages that blockchain technology brings to so many local industries.”

Leading voice

His views were mirrored by Armand Domuta, President of the Romanian Blockchain Association.

“Our mission, at the Romanian Blockchain Association, is to educate the public to foster the development of a local blockchain community and to become the leading voice in the dialogue with the regulators,” he said.

The event is designed to gather and disseminate valuable knowledge and insights as Bucharest sets itself up as a potential hub of innovative start-ups and builds a strong blockchain and crypto community.

Attending start-ups and entrepreneurs will also have the chance to introduce their businesses to some of the region’s leading investors and investment funds. Experienced investors will also be in the jury evaluating and awarding the most promising blockchain start-ups in the Pitch Competition.

As well as the plenary sessions that guests are welcome to attend, the Romania Blockchain Summit also provides several parallel sessions for which ticket holders can express preference during the online registration process.

For further details, visit https://www.romaniablockchainsummit.com/.

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