3 Best Countries To Start A Blockchain Project

1. The Netherlands

In case you haven’t heard of ‘’Bitcoin City’’, it’s a real city called Arnhem located in the Netherlands. Here it’s really easy to buy any kind of goods using Bitcoin. Despite the openness to the crypto-world, cryptocurrencies are still not regulated by the country. For this reason, many startup companies, and users regularly host meetings and events. As a result, banks in the Netherlands are looking for a way to improve their work using blockchain technology.

2. South Korea

It makes sense why South Korea is on this list. It’s one of the most advanced countries technology related. This country was ranked as the fifth most high-trading country in the world, especially for trading Bitcoin. After 11th of January of last year, the South Korean Government announced that they were planning to ban cryptocurrency trading. Seconds after the announcement more than $100 billion was wiped from the coin market. Many users started to massively sell their coins in the months that followed, bringing bitcoin to an all-time low.

3. Switzerland

Last year, the country offered many options for companies that had more than $1 million in funds in order to test the innovative technology without the regulation part that surrounds the finance sector. Also, they want to re-evaluate banking licenses so the companies that earn let than $1million to easily obtain licenses for depositing and allowing donations to be withdrawn in a 60 day period. There is currently a great boom for finetech companies and innovative startups.