European Commission announces European blockchain partnership

posted 8 months ago
22 European countries signed a Declaration on the establishment of a European Blockchain Partnership today, in an effort to ensure that Europe plays a leading role in the development and roll-out of blockchain technologies.

Mariya Gabriel, Commissioner for Digital Economy and Society, welcomed the signature of the declaration:

"In the future, all public services will use blockchain technology... information systems to promote user trust and the protection of personal data, to help create new business opportunities and to establish new areas of leadership, benefiting citizens, public services and companies."

In a speech earlier this week European Commission (EC) vice president Andrus Ansip said "We need to prepare our digital future together; we need to do more, joining forces and resources to grasp the opportunities offered by technologies such as artificial intelligence and blockchain... [Blockchain is] now moving out of the lab and going mainstream. As with [artificial intelligence]: we should make the most of this new opportunity to innovate."

This shows that the European Comission's FinTech & IT department's experts are working to utilize blockchain.
Tags: blockchain, news