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European Blockchain Partnership Reports that Europe is now Taking Blockchain Technology Seriously

Blockchain Technology

There has been a lot of progress made over the past year or two when it comes to spreading the message of blockchain technology. For a long time, it was only people deep in the tech world that understood how blockchain technology could be applied.

Nowadays, a lot of people have at least a basic grasp of what it entails. The next level to be reached is a large number of people and groups applying this technology. There are certainly plenty of use cases out there.

The European Blockchain Partnership was formed in April 2018 and it is made of 21 European countries. This includes Germany, the UK, Ireland and France. This was created to help promote the adoption of blockchain technology in the region.

There have been a further five nations to have joined this group since April, including Italy who signed up in September. Their goal by the end of the year is to identify “an initial set of cross-border digital public sector services that could be deployed through the European Blockchain Services Infrastructure”.

They effectively want to have cross-border services that are more efficient and safer. There has not been much progress as of late. It looks like 2019 will be the year when this project truly starts to ramp up.

They have a number of key deliverables scheduled in of this time period but there is still some debate needed before any further steps have been taken. As they have only had four meetings since they were founded, a lot more progress needs to be achieved in an accelerated time period.

There would be massive positive consequences if these outcomes are achieved and the adoption of blockchain technology across the continent will be rapid.

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