Almaviva Giotto OnChain’s SaaS notarization service, already qualified by AgID and available in both the National Cybersecurity Agency's ACN catalog of cloud services for PA and in Amazon Web Services (AWS) marketplace, allows public administrations and businesses to certify authenticity and immutability of digital assets through blockchain technology.
The service has been selected as a highly innovative evolution of blockchain notarization because it makes it possible to overcome the budgetary constraints associated with the management of cryptocurrency and easily integrates the blockchain solution into any system, without the complexity that typically characterizes this technology.
The European Blockchain Sandbox is an experimental space that the Eupean Commission has decided to establish in order to facilitate cross-border dialogue with and between regulators and supervisory authorities on the one hand, and businesses and PAs on the other. The goal is to identify innovative use cases with a high level of maturity that can provide legal certainty within the realm of decentralized technologies and potentially support the services offered by the European Blockchain Services Infrastructure (EBSI).
This initiative is part of the European strategy “Shaping Europe's Digital Future”, which aims to create Web 4.0 and virtual worlds that reflect the values and principles of the EU, in which individuals’ rights are fully protected and European businesses can thrive.
The news was announced by Bird&Bird and OXYGY, who lead the sandbox management consortium.
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