22 EU Bloc Countries Sign European Blockchain Partnership
A new European Blockchain Partnership has officially been signed by a coalition of 22 EU bloc nations. The countries include the U.K., France, Germany, Norway, Spain and the Netherlands.
The alliance will be sharing technical and regulatory information to prevent ‘fragmented approaches’, as they prepare for the launch of EU-wide Blockchain applications for the Digital Single Market.
The news has come just months after launching the EU Blockchain Observatory and Forum in February.
In this swift move, Europe displays it’s determination to play a leading role in the development and roll-out of blockchain technologies, for the benefit of public and private sectors in the EU bloc.
Mariya Gabriel, Commissioner for Digital Economy and Society, welcomed the signature of the declaration saying:
“In the future, all public services will use blockchain technology. Blockchain is a great opportunity for Europe and Member States to rethink their 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.”
All Member States, EFTA and EEA Countries have also been invited to join this cooperation.
“by 2025, 10% of global GDP will be stored on blockchain” – World Economic Forum
