Hungary's Blockchain Coalition holds inaugural meeting


Hungary's Blockchain Coalition held its inaugural meeting on Tuesday, according to a report by state news wire MTI.

The coalition's founding members, from the private, public, and academic spheres, believe Hungary can achieve an "international profile" in the application of blockchain technology which they seek to advance in the areas of R&D and service development.

The Blockchain Coalition aims to designate economic opportunities in the appropriate legal framework and share know-how and experience with businesses and industry players.

The coalition's board is chaired by Ferenc Vágujhelyi, who heads the National Infocommunications Council. Its members are National Bank of Hungary (MNB) director for oversight coordination Bálint Balogh, Innovation and Technology Ministry consultant István Erényi, Dorsum innovation director Bálint Fischer, Blockchain Magyarország Association chair Kornél Kalocsai, Idomsoft CEO Balázs Karlócai, Budapest University of Technology and Economics (BME) teacher András Pataricza, and Peak Financial Services CEO Márton Suppan.

Innovation and Technology Minister László Palkovics said the government "pays special attention to all innovative technologies that can enliven and accelerate Hungary's digital development".


Household income improved in Q1 Analysis

Household income improved in Q1

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.