EU Commission: Europe Blockchain-avant-garde remain

the Even if the crypto-markets, currently it is off the hook – the development of the Blockchain and Distributed Ledger technologies is continuously progressing. You will also be recognized in Brussels. That is why the European Commission wants to work with the International Association for Trusted Blockchain Applications (in short: IATBA). The merger of companies and regulators to promote Europe's role as an innovative Blockchain-Hub.

By Christopher clover
23. November 2018 share Facebook Twitter LinkedIn xing mail

the European Union closes before the technological Revolution of the eye, at the latest since the Meeting of economic and Finance Ministers in Austria in September. From Vienna, at the time, invaded signals, which indicated a growing recognition of the relevance of crypto-currencies on the part of the policy.

Also in terms of the technology that makes Bitcoin & co. possible, is to become active in Brussels. A consortium of private companies and politicians should now pave Europe's way to the decentralised future.

Under the Motto "industries bring together to Europe in Blockchain-found technologies is a leader" on may 20. November in Brussels, a round table together. In addition to industry representatives, the EU Commissioner for Digital economy and society, Mariya Gabriel, and Roberto Viola, the Director-General for communications networks, content and technology were present. Viola, the cooperation of industry and authorities for measures a significant role in the design of the Blockchain-the future:

"The special feature of this Association is that it focuses on promoting the confidence of the authorities and citizens in the Blockchain technology. This Association can also be a natural conversation partner for all regulatory authorities at EU and national level, for example, for standards and regulations“,

Viola commented on the round table.

Close cooperation between business and authorities announced

in Addition, on the following day, the 21. November, on the Initiative of some companies – including the Spanish banks BBVA and Santander – the founding of the interest group for "International Association for Trusted Blockchain Applications," announced. Corresponding to a on 21. November by the EU-Commission report published. It States, among other things, that the company would like to work together composite closely with the European regulators. The declared goal of the cooperation is to create a favourable environment for the development of the Blockchain and Distributed Ledger technology. The only way Europe can maintain its leadership role in this area.