Creating a Path for Innovation: Insights from Angelika Layr at Chain Reaction 2024
In a recent panel discussion on “Innovation as Culture” at the Chain Reaction 2024 forum, Angelika Layr, the deputy director of the Liechtenstein government’s office of financial market innovation, emphasized the importance of government support in driving the successful implementation of blockchain and digital assets.
Layr highlighted the key steps taken by Liechtenstein to create a conducive environment for innovation. This included passing laws on blockchain and trusted service providers, providing legal certainty for participants. The Liechtenstein Office of Financial Market Innovation and Digitalization, reporting directly to the Prime Minister, serves as a crucial support system for startups and innovative companies.
Furthermore, Layr stressed the significance of engaging with the market, establishing regulatory frameworks, and fostering dialogue with the community to understand emerging technologies effectively. By creating a collaborative ecosystem that supports innovation, governments can play a vital role in driving technological advancements.
As we navigate the evolving landscape of digital assets and blockchain technology, Layr’s insights offer valuable guidance on paving the way for innovation in the government sector.
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