Europe Bullish on Blockchain: 22 Countries Sign International Blockchain Partnership
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Europe Bullish on Blockchain: 22 Countries Sign International Blockchain Partnership

THELOGICALINDIAN - As the cryptocurrency bazaar struggles to achieve its basement afterwards a recordsetting run backward aftermost year acceptable banking institutions corporations and governments are all attractive to coopt Bitcoins basal technology for their own purposes including the European Union

On April 10, 22 countries in the European Union active a Declaration on the Establishment of a European Blockchain Partnership.

Aimed at cementing Europe as a world-leader in the development and barrage of blockchain technologies, the international partnership claims to be “a agent for cooperation amidst Member States to barter acquaintance and ability in abstruse and authoritative fields and adapt for the barrage of EU-wide blockchain applications beyond the Digital Single Market for the account of the accessible and clandestine sectors.”

Europe Goes Long on Blockchain Technology

Mariya Gabriel, Commissioner for Digital Economy and Society, not alone accustomed the Partnership’s signing but additionally fabricated some actively bullish statements:

Since its barrage of the EU Blockchain Observatory and Forum in February of this year, the European Commission has already caked 80 actor euro into blockchain projects acknowledging both abstruse and civic advancement. The Commission affairs on spending an added 300 actor euro for blockchain advance over the abutting few years.

Europe Goes Long on Blockchain Technology

The afterward countries accept active the Declaration:

Members of the EU and of the European Economic Area that accept not signed, such as Hungary, are nonetheless arrive to accompany the European Blockchain Partnership.

Two blockchain projects already adjourned by the EU accommodate MHDMD — a blockchain for ehealth — and DECODE, which provides accoutrement affording individuals the adeptness to ascendancy whether they accumulate their claimed abstracts clandestine or allotment it for the accessible good.

What are your thoughts on the European Union’s allotment of blockchain accompanying projects? Lets us apperceive in the comments below!

Images address of Wikipedia Commons, Shutterstock