A Friendly Blockchain Hub, but Is Government Policy Lacking? By Cointelegraph


Israel: A Friendly Blockchain Hub, but Is Government Policy Lacking?

It has been almost a decade since Dan Senor and Saul Singer penned “Start-Up Nation,” their ode to the Israeli tech sector. The book, which chronicles much of Israel’s success as a small but potent innovation force that spans countless industries, highlights the immense technological knowhow and seemingly fearless energy that supports the country’s thriving startup culture. Nearly a decade later, Israel has not missed a beat in terms of capitalizing on the biggest trends in technology.

From cybersecurity to artificial intelligence and machine learning, Israel’s legion of innovators is tackling problematic areas felt in numerous sectors with its own brand of expertise, helping this geographical blip build a global footprint. Blockchain and distributed ledger technology (DLT) perfectly align with these ambitions, helping Israel emerge as one of the leading launchpads for the industry. While Bitcoin’s (BTC) price has risen and fallen over the years, one constant has been the upward growth trajectory of worldwide as well as Israeli blockchain initiatives.

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