The EU Blockchain Roundtable supports efforts to deploy blockchain technologies in the EU

Industry leaders and innovative startups have agreed to work together with Governments and the European Commission to support the development of blockchain technology. This will reinforce the chances of developing the right conditions for this technology to flourish and boost Europe’s chances of maintaining its leadership in this field.

The EU Blockchain Industry Roundtable, which took place on 20 November 2018, is an important step towards creating a European community to support the deployment of blockchain in the European Union. In particular, the European Commission welcomed the announcement by several participants of the establishment of the “International Association for Trusted Blockchain Applications” that will be based in Europe and will be open to any organisation willing to work on the deployment of blockchain and distributed ledger technologies to transform digital services.

The new association will work closely with the European Commission and with Member States grouped within the European Blockchain Partnership in supporting interoperability, developing specifications, promoting standards and regulatory convergence to support the development and exploitation of innovative blockchain technologies.

The EU Blockchain Roundtable: “Bringing industries together for Europe to lead in blockchain technologies” took place on 20 November in Brussels, and was hosted by Commissioner for Digital Economy and Society, Mariya Gabriel and the Director-General for Communications Networks, Content and Technology, Roberto Viola, who said :
“What makes this association special is its focus on promoting trust in blockchain technology among public authorities and citizens. This association can also now become a natural interlocutor for all the regulators at EU and national level, for instance on standards and regulation. It will also be able to communicate with citizens about blockchain, a technology which should not be associated with obscure cryptocurrencies but with transparency traceability and a secure environment

They were joined by Eva Kaili MEP and author of the European Parliament Blockchain report, senior industry executives and innovative startups that are developing and applying blockchain innovation to new services and products in several different areas including aeronautics, transport, financial services, energy, technology suppliers, healthcare and consumer goods.

Read the Full Article

This post was originally published on The IOTANews Community curates, examines, and summarizes news from external services while producing its own original material. Copyrights from external sources will be credited as they pertain to their corresponding owners. The purpose is to make use of 3rd party content or pictures as either allusion or promotional endorsement of mentioned sites. If you have a claim of copyright infringement with respect to material, please mail to support[at] is a community run website and is NOT affiliated with the IOTA Foundation in any way.

Get real time updates directly on you device, subscribe now.

You might also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More



- 10%