The European Commission launches an observatory and a forum dedicated to the study of the Blockchain protocol. Called a "major breakthrough", it really praises the protocol used by most cryptocurrencies. The Commission has surrounded itself, as it will lead this initiative in partnership with ConcenSys.
A eulogy of the Blockchain protocol
The press release explains:
"Blockchain technologies, which store information on a distributed network, are seen as a major step forward in achieving high levels of traceability and reliability in online transactions. They could have an impact on digital services and transform business models in a wide range of areas such as health, insurance, finance, energy, logistics, intellectual property rights management or administrative services. . "
Valdis Dombrovskis , Vice President for Financial Stability, Financial Services and Capital Markets Union, said:
"Among the many technologies that drive digital innovation, blockchain has the potential to truly transform services and financial markets. The Observatory and the Blockchain Forum will monitor the situation and inform us in the development of our policies. "
ConsenSys to the maneuver
ConsenSys is an incubator of startups related to cryptocurrencies. In particular, they have invested in VariaBL , a derivatives platform and StabL , a framework for tokenizing FIAT currencies. They also sponsor a large number of events devoted to the blockchain. In short, it is a major player who actively participates in promoting cryptocurrencies.
"ConsenSys, a global player now well established in Europe, has been selected as a partner to support the Observatoire en Europe following a call for tenders launched last year. As a major player in the blockchain community, ConsenSys will bring a strong commitment to blockchain development, solid expertise and connections to the global blockchain ecosystem, as well as an entrepreneurial approach to engaging with the blockchain community. stakeholders and experts from the EU and around the world. ConsenSys will work closely with the Commission services to manage the Observatory and the EU Forum, having signed the contract on 29 January 2018. "
It will finance blockchain projects worth 340 million euros until 2020.
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