European Blockchain Partnership unites 22 countries

April 12, 2018


European Blockchain Partnership unites 22 countries

On April 10, 22 European countries signed a Declaration on the establishment of the European Blockchain Partnership.

According to the official statement, the list of countries signatories of the Declaration includes Austria, Belgium, Bulgaria, Czech Republic, Estonia, Finland, France, Germany, Ireland, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, UK.

The European Blockchain Partnership is aimed at contributing to the creation of an enabling environment that will help services using blockchain develop across Europe.

“The Partnership will be a vehicle for cooperation amongst Member States to exchange experience and expertise in technical and regulatory fields and prepare for the launch of EU-wide blockchain applications across the Digital Single Market for the benefit of the public and private sectors. This should ensure that Europe continues to play a leading role in the development and roll-out of blockchain technologies,” the official announcement reads.

Mariya Gabriel, Commissioner for Digital Economy and Society, pointed that in the future, all public services will use blockchain technology. She called Blockchain “a great opportunity for Europe and Member States to rethink their information systems, to promote user trust and the protection of personal data, to help create new business opportunities and to establish new areas of leadership, benefiting citizens, public services and companies.”

“The Partnership launched today enables Member States to work together with the European Commission to turn the enormous potential of blockchain technology into better services for citizens,” Mariya Gabriel noted.

Last week European Commission (EC) vice president Andrus Ansip called blockchain the area where Europe is best positioned to play a leading role.

“Blockchain technologies – now moving out of the lab and going mainstream. As with AI: we should make the most of this new opportunity to innovate,” he stated.

Let us remind that in February the European Commission launched the EU Blockchain Observatory and Forum. More than EUR 80 million was invested in projects supporting the use of blockchain in technical and societal areas. By 2020 around EUR 300 million more will be directed to blockchain.