"Bitcoin of Naples": what is it and how does it work?

If in previous years the Bitcoin has literally conquered the podium in the panorama of cryptocurrency, there is an important news coming all over .

Let's talk about the Bitcoin of Naples, wanted and announced by the Neapolitan Mayor, Luigi De Magistris.

However, citizens were not unprepared for the news: already in October 2018 there were solicitations from the Mayor for the introduction of the Bitcoin of Naples, giving the authorization and welcome to the new payment system.

Bitcoin of Naples: what does the introduction consist of?

We have to wait a few more months: starting from month of August 2019 it will be possible to accumulate and use Bitcoin in the city ​​of Naples, which is remembered to be the first Italian city to adopt this system.

Mayor De Magistris, in collaboration with the project coordinator Happy Balsam, explained that the project (called BlockChain Naples) aims to increase the local economy.

For example, those who bring municipal waste to an ecological island will receive tokens in exchange for spending on participating activities.

The system is constantly updated, as it is planned to expand the Bitcoin of Naples and bring it closer to other sectors, such as school canteens or bookstores.

 Civil behavior will be rewarded, and the local economy will benefit most.

Symbolic was the gesture of the mayor De Magistris, who at the end of the Bitcoin presentation event in Naples (19 December 2018) ordered and paid for a pizza in Bitcoin.

Bitcoin in Naples and the era of applications

Soon, as the coordinator suggests Happy Balsam, from the website of the Municipality of Naples it will be possible to download the application for a more efficient and affordable service for everyone.

There are already two companies that intend to join the initiative: for example, to those who will park the car far from the center of Amn, or Neapolitan Mobility Company will assign a Token; as well as the Company of environmental hygiene services, which undertakes to guarantee Tokens to citizens who will telephone for the removal of bulky items and those who will make the best use of ecological islands for the disposal of their domestic waste.

Paying in Bitcoin will be safe, since the payments will be traceable; inevitably the project BlockChain will bring together citizens and institutions, in three key principles such as technology and innovation, respect and protection of the environment and increase in the local territorial economy. Look forward to more information!