Cyprus Gambling Regulator Will Explore Blockchain Opportunities – Bits Media

Cyprus National Betting Agency will explore the possibilities of blockchain to strengthen oversight of the country's gambling industry.

According to article
in the blog of the National Rates Authority of Cyprus, the regulator will hold an event next week, which will discuss the latest trends in the field of blockchain and cryptocurrencies, with an emphasis on, What opportunities can new technologies provide for the national gambling industry.

The regulatory authority in the field of gambling, what, although the technology provides "unprecedented" opportunities, There are problems, related to state regulation and issues of national sovereignty. The National Station Agency is studying, Can blockchain support and strengthen the supervision of the gambling industry of Cyprus. The event will pass 8 september.

According to the program of the event, Representatives of the University of Nicosia will hold a presentation, which will affect the use of blockchain and cryptocurrencies in the industry, And shortly after this, panel discussion about the advantages of technologies for state and private sectors will take place. The moderator of the event will be the president of the Technological Committee of the Cyprus College of Lawyers Christian Aristida (Christiana Aristidou).

IN 2013 year, the University of Nicosia became the world's first accredited university, which began to accept BTC to pay for training. In June of this year, the Cyprus hospital Mediterranean Hospital of Cyprus completed the development of a system based on blockchain for storing medical data.