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Blockchain technology to be boosted across the EU

The Blockchain Observatory and Forum will be implemented with the support of the European Parliament and Commission

  • February 02, 2018 14:35
  • Author Stanimira Lukanova
Medium block chain 3055701 1280
Source: Pixabay

The European Commission will start its work on Blockchain Observatory and Forum project for boosting blockchain technologies. The project will be implemented with the support of the European Parliament and ConsenSys software company which will provide the European Commission with advice on blockchain development and major trends. 

EC believes the new project will promote EU industry and improve financial services. Currently, the industries making the most use of blockchain technology are primarily banks, financial services and insurance companies. 

 

Source: luxtimes.lu



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