Global Blockchain Companies Launch Blockchain For Europe Association
by Fintechnews Switzerland December 5, 2018Four global blockchain companies (EMURGO, Fetch.AI, NEM and Ripple) have come together to found an association representing blockchain originating organisations in Europe.
Blockchain for Europe claims to be the first credible attempt to create a unified voice for the blockchain industry at European level. The policy debate in Europe has been fragmented – with inconsistent information from those outside the blockchain sector challenging consensus within it.
The association’s goals are to foster the understanding within EU- and member state institutions on the true nature and potential of distributed ledger (DLT) and blockchain technology, and to ensure that upcoming regulation promotes and boosts innovation in Europe.
The members are organisations whose businesses originate from DLT and blockchain technology. They share a common vision of Europe becoming the global frontrunner in blockchain technology. Blockchain for Europe wants to help Europe to create smart regulation to shape the global agenda on blockchain.
The association hosted, alongside the four largest European Parliament groups, a successful Blockchain for Europe Summit on 27 November. It brought together stakeholders from around the world, discussing issues such as governance, healthcare, transport, trade, identity, financial market infrastructure and tokens/cryptocurrencies. The debate showcased the potential benefits both for policy-makers and blockchain originating companies when they engage directly and transparently. to make Europe the frontrunner on blockchain technology.
Featured image credit: Unsplash
