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22 EU countries have signed the establishment of a European Blockchain Partnership

Europe continues to play a leading role in the development and roll-out of blockchain technologies

  • April 18, 2018 18:30
  • Author Monika Dimitrova
Medium blockchain 31652 21
Source: European Commission

22 European countries have signed a Declaration on the establishment of a European Blockchain Partnership. The Partnership will be a vehicle for cooperation amongst Member States to exchange experience and expertise in technical and regulatory fields and prepare for the launch of EU-wide blockchain applications across the Digital Single Market for the benefit of the public and private sectors. This should ensure that Europe continues to play a leading role in the development and roll-out of blockchain technologies.

Blockchain is technology for promoting user trust. It makes it possible to share on-line information, agree on and record transactions in a verifiable, secure and permanent way. The technology is already being successfully tested, mostly in financial services, and will become more operational and integrated into increasing number of digital services, such as regulatory reporting, energy and logistics in the coming years.

List of countries signatories of the Declaration: Austria, Belgium, Bulgaria, Czech Republic, Estonia, Finland, France, Germany, Ireland, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, UK.

Source: European Commission

 



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