A Distributed Ledger Technology Roadmap for Albania: Some Preliminary Reflections

Abstract

Albania is a small country of the West Balkans situated in Southeast Europe still in the early stages of distributed ledger technology (DLT) adoption. In this research note, we begin to investigate the cryptocurrency regulatory framework and propose a national blockchain roadmap for the country. Albania was one of the first European nations to elaborate a cryptocurrency regulatory framework aimed at safeguarding users from the dangers of fraud and imposing sanctions in situations of misuse. Our proposed national blockchain roadmap includes emerging priorities such as licensed entities, digital divide reduction, remittances digitisation, Ethereum 2.0, blockchain FDI, e-voting, and the quadruple helix system.