Newly Appointed EU MP expresses interest in the blockchain technology

Eva Kaili, the newly appointed European Union Member of Parliament, expressed her interest in the smooth adoption of the blockchain technology across Europe. Speaking at the Ripple Regionals event held in London’s Andaz hotel, Kaili said:

“When they heard I was a politician, they didn’t want me there. I believed that if we were not positive….The resistance of the traditional players would only increase and could even kill a technology that had so much potential for good.”

She admitted that the debt problem in her native country made her start thinking about blockchain technology as a possible solution to the economic crisis:

“After the debt crisis in Greece, I realized that the central banks had too much control over our deposits, and I thought that we should find a solution….Recently, I had to send €2,000 to my mother in Greece from my account in Brussels. She needed the money that day, and I couldn’t use the bank because it would take three working days. If I could send it to her using RippleNet, she would immediately receive the payment.”

She concedes that there is a lot of work needed to be done on the regulatory side, but is passionate about spreading blockchain adoption throughout Europe:

“We do not want to stop innovation… The resolution is a roadmap to support this very exciting technology. We’ve shown that we are open-minded.”