xDay 2023 Day 3: Interview With Bogdan-Gruia Ivan, Romanian Minister of Research, Innovation and Digitalization
21 October 2023 - 11:03PM
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In the next three days, our team at NewsBTC will cover xDay 2023,
an event organized by MultiversX in the Palace of Parliament,
Romania. Formerly known as Elrond, the project rebranded in 2022
and focused on the Metaverse, scalability, and global adoption by
simplifying users’ access to crypto. Related Reading: xDay 2023:
Elon Musk’s X Competitor? xPortal Unveils Rival Features xDay 2023:
“No Time To Waste In Driving Innovation” On the event’s third day,
we sat down with Bogdan-Gruia Ivan, Romanian Minister of Research,
Innovation and Digitalization. The Minister intends to support the
crypto community and builders by attracting capital into the
country, giving crypto companies tax exceptions, and implementing a
new legal framework to provide them with clarity and security. The
Minister sees himself as a “true believer” in blockchain,
artificial intelligence, and their capacity to drive innovation in
the country. “There is no time to waste,” he said, as he promised
to turn words into facts. This is what he told us: Q: How do you
feel about the event and projects coming out of MultiversX? A: The
first time I was in the Romanian Parliament was 20 years ago. For
two years, I served as a member of the Chamber of Deputies. I’m a
member of the parliament now, and I feel I have never seen the
Romanian Parliament in such a great way, looking so well and having
that positive and brilliant vibe about shaping the future. It’s
amazing what Beniamin (Mincu) and Multiverse X are doing here. Q:
How is Romania going to support MultiversX and the crypto
community? Can implementing Markets in Crypto-Assets (MiCA) help
you achieve your goals? A: First of all, right now, we already have
a Romanian memorandum, an understanding of how we could improve and
we are working on a legal framework about technology and about
blockchain. Once we pass all reviews from all public institutions,
next week, we’ll bring it into the government, and we’ll make it
the legal framework for blockchain and emerging technologies. So
that is one of the strategic points of developing and putting
Romania on the map. The second one is the Romanian AI strategy. We
want to launch on 26 September with an entire large debate about
our AI strategy and we’ll finish it by the end of the year. And
after that, we’ll pass a legal framework for AI. Third, Romania has
huge potential, the most brilliant minds of our young people from
the IT sector, and with them, we had to figure out how we could
improve and be part of quantum technology (…). And in my opinion,
Romania could provide, could be the regional provider, and could be
the great hub for entire software and for quantum technologies. So
in that way, we’ll launch the framework and the national debate
about quantum strategy in two or three weeks. Q: Do you think
cooperation with crypto projects will extend to other members of
the European Union? A: I’m interested in that because we’re part of
the change. We are in the same stage with our partners (…). But at
the same time, I want Romania to have its own position in that
game. So I would like to put Romania on the map, so it can lead the
cryptocurrencies and other emerging technologies because of the
ecosystem (in the country), because regulations are friendly,
because we have that golden mine in the minds of those bright young
people. So that’s why I want Romania to lead in crypto and not only
in crypto. Related Reading: xDay Event Day 2: Google, Amazon,
Binance Labs, And A Chat With Sunny Aggarwal As of this writing,
the price of Bitcoin approaches $30,000. Cover image from
MultiversX, chart from Tradingview
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