11 Amendments of Renato SORU related to 2016/2007(INI)
Amendment 29 #
Motion for a resolution
Paragraph 1 – point c
Paragraph 1 – point c
(c) enhancing the speed and resilience of payment systems thanks to the inherently decentralised architecture of DLT, which might continue to operate reliably even if parts of its network were to malfunction or to be hacked;
Amendment 36 #
Motion for a resolution
Paragraph 1 – point f
Paragraph 1 – point f
(f) potentially allowing different types of traditional and innovative payment mechanisms, from credit cards to mobile solutions, to merge into one secure and user-friendly application, which in turn could favour the diffusion of e-commerce in Europe and the creation of a true Single Market;
Amendment 52 #
Motion for a resolution
Paragraph 2 – point d a (new)
Paragraph 2 – point d a (new)
(da) high volatility and rapid fluctuation against fiat currencies;
Amendment 57 #
Motion for a resolution
Paragraph 2 – subparagraph 1 a (new)
Paragraph 2 – subparagraph 1 a (new)
In addition, despite the fact that currently virtual currencies are not widely used and thus their impact on the system is negligible, their diffusion could potentially hamper the effectiveness of monetary policies;
Amendment 65 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Highlights that, in this regard, several initiatives have been put in place by private sector actors, invites competent authorities, both at European and at national level, to monitor such initiatives;
Amendment 68 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Recognises the potential of DLT well beyond the financial sector, including the potential of smart contracts and the possible synergies with the development of the Internet of Things;
Amendment 75 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Encourages government agencies to test DLT systems in order to improve the provision of services to citizens and e- government solutions, while cautioning on the outsourcing of public services to proprietary private DLT schemes;
Amendment 84 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Highlights the similarities between Distributed Ledger Technology (DLT), consisting of a set of nodes participating in a system and sharing a common database and the World Wide Web, defined as a global set of resources, logically interrelated by hyperlinks. Notes the both the DLT and the WWW are based on the Internet, a global system of interconnected mainframe, personal, and wireless computer networks;
Amendment 85 #
Motion for a resolution
Paragraph 9 b (new)
Paragraph 9 b (new)
9b. Recalls that the Internet, despite the attempts to promote a multi-stakeholder approach, is still governed by the National Telecommunications and Information Administration, an agency of the United States Department of Commerce;
Amendment 86 #
Motion for a resolution
Paragraph 9 c (new)
Paragraph 9 c (new)
9c. Welcomes the creation of a Dynamic Coalition on Blockchain Technologies at the Internet Governance Forum, invites the Commission to promote a shared and inclusive governance of the DLT, so to avoid problems previously encountered in the development of the Internet;
Amendment 93 #
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Considers that several virtual and local currencies have been created in Europe as a response to the financial crises and the related credit crunch problems;