Luxembourg plans to become a leader in digitalization

29.04.2021 |

At the recent Luxembourg Blockchain Week conference, in his speech, Prime Minister Xavier Bettel talked about the government’s plans to make Luxembourg a leader in the digital world. All conditions will be created to implement blockchain technology in various sectors of economy and public administration, and a strategy will be developed to ensure the use of free cryptocurrencies.

According to the head of the government, the country has already managed to take the digital industry to unprecedented heights. In the future, Luxembourg will not only have to keep up with the rest of the world, but also to increase the pace of development.

The Prime Minister also spoke in particular about the current boom in non-interchangeable tokens. He is even thinking about the digitalization of his considerable collection of tokens in order to realize it as NFT. However, the politician himself, by his own admission, is not strong in innovative technical areas, which does not prevent him from being a supporter of the view that distributed registry technology is useful.