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ARTICLE · 13 FEBRUARY 2018

EU Blockchain Observatory And Forum Launched

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On February 1, 2018, the European Commission announced the launch of the EU Blockchain Observatory and Forum. The Commission intends the new Forum to build on existing initiatives ...

European UnionTechnology
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On February 1, 2018, the European Commission announced the launch of the EU Blockchain Observatory and Forum. The Commission intends the new Forum to build on existing initiatives and to ensure the feasibility of Blockchain use cross-border. It is also expected to assist in tackling difficulties arising from the use of Blockchain, such as disintermediation, trust, security and traceability. Furthermore, the Blockchain Observatory and Forum will support cross-border cooperation on practical use cases and be an open forum for discussing and developing new ideas.

The Commission’s FinTech Action Plan is expected to be issued in Spring.

The press release is available at: http://europa.eu/rapid/press-release_IP-18-521_en.htm.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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