Blockchain and DLT in Europe: #DLT4Good #DLT4EU
©Adobe Stock
Blockchain and other Distributed Ledger Technologies are having a resounding impact on how we can conduct business online. Especially as trust and certainty in digital processes remains a priority for services designers and users.
The European Institutions and Member States are therefore striving to ensure that Europe fully harnesses the transformative power of Distributed Ledger Technologies.
In this context, the European Parliament and Commission are supporting the #DLT4Good project, co-creating a European Ecosystem of DLTs for social and public good. Specifically, the project aims to establish forward-looking approaches to stimulate the production, uptake and scaling up of Distributed Ledger Technology solutions suited to specific challenges of organisations in public or third sectors at local, regional, national or supranational levels.
Visit #DLT4Good to see how this exciting project will use qualitative explorations via co-creation and stakeholder-centric frameworks to best leverage on Distributed Ledger Technologies in Europe.
Within the framework of the pilot project, there is also DLT4EU: an accelerator program promoting the development of projects that use blockchain and other Distributed Ledger Technologies. Through DLT4EU, the European Commission supports a pilot accelerator that uses blockchain and other Distributed Ledger Technologies for public good.
Via the Connecting Europe Facility (CEF), the European Commission and the European Blockchain Partnership (consisting of the 27 EU Member States and Norway) are building an European Blockchain Services Infrastructure (EBSI).
The EBSI will be materialised as a network of distributed nodes across Europe, leveraging an increasing number of applications focused on specific use cases. Members of the European Blockchain Partnership requested 20 nodes, all of these will be connected by Q3 2020.
€3 million in CEF funding is currently available as grants building the European Blockchain Services Infrastructure. The deadline for applications is 12 May 2020. You can apply from the Innovation and Networks Agency (INEA) site.