French politicians suggest investing $570 million in blockchain development

French politicians suggest investing $570 million in blockchain development

As reported on December 12 by the local news publication Les Echos, French politicians want to invest € 500 million ($ 569 million) in the development of blockchain projects at the state level over the next three years.



Parliamentarians believe that investment will allow France to become a “blockchain state.” They also intend to play an active role in the development of the mining industry in the country.



One of the authors of this initiative, MP Jean-Michel Mis, said:



“2018 was the“ zero year ”in the process of popularizing the blockchain in France. 2019 will be the year of development of this ecosystem, which can be fully realized within three years, thanks to cash injections in the amount of € 500 million. "



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