The Distributed Ledger Technology or Blockchain is one of the emerging technologies that holds enormous potential for digital economy and citizens. Key innovators in this field are startups. With a clean slate and no entrenched way of doing things, they start with the problem and see this as a solution. It is therefore important that startups play a central role when it comes to policy formation on blockchain.

As for any new technologies, blockchain poses challenges. However, it has tremendous potential to empower users and innovators. This is why any regulatory requirements should be understandable and implementable since day one for startups.