EU sets up ‘the world’s most comprehensive’ blockchain station and forum

nOn the 1st of February, the European Commission announced the establishment of an EU blockchain observatory and forum aimed at linking together the economic development of the blockchain technology in various countries. The project brings together various agencies, including regulators and politicians, to develop new use cases and to become one of the most comprehensive blockchain technology cases and expertise in the world. Nevertheless, the EU still focuses on such aspects as data and identity in economic reform.n
nTranslation: Clovern
At a news briefing on February 1, the European Commission announced the establishment of an EU blockchain observatory and forum aimed at linking the economic development of the blockchain technology in various countries.n
To take full advantage of the vast EU technology landscape so far, one of the most practical steps in this project is to bring together various agencies, including regulators and politicians, to develop new use cases.n
Mariya Ivanova Gabriel, Digital Economic and Social Affairs Member, European Commission, said in an official news release that the project will be “one of the most comprehensive blockchain technology case and expertise bases in the world”:n
She continued:n
n”This will create an open forum where citizens, innovators, government agencies, regulators, blockchain technologists, top management and industry stakeholders will discuss and develop new ideas and directions.”n
nnThe launch of the EU Blockchain Observatory and Forum today should be one of the most comprehensive knowledge of the blockchain in the world.n
– European Commission (@EU_Commission) February 1, 2018n
nThe EU-28 has been actively thinking about how to better integrate into the craze in the blockchain and how to promote it to the public in the coming years. In a study published by the European Parliament in 2017, the blockchain will “change the lives of EU residents,” but nevertheless the EU remains focused on data and identity in economic reforms.n
In the meantime, EU officials still have to be more cautious about currency encryption, and last December the European Union approved plans to halt digital wallet and exchange anonymous trading.n

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