The EC blockchain strategy in a nutshell
The most significant elements of the EC’s blockchain strategy include:
- Developing joint visions and initiatives through a European Blockchain Partnership harnessing national blockchain efforts into a pan-European approach.
- Building a pan-European government services blockchain: The European Blockchain Partnership commits the European public sector to play a trailblazing role in blockchain by building its own blockchain backbone infrastructure for cooperation across borders – the European Blockchain Services Infrastructure (EBSI).
- Promoting legal certainty: The European Commission is proposing a comprehensive pro-innovation legal framework in the areas of digital assets and smart contracts.
- Increasing funding for blockchain innovation: The EU provides funding for blockchain research and innovation both in the form of grants and by supporting investment in startups.
- Supporting interoperability and standards: The EC believes strongly in the importance of standards in promoting blockchain technology and looks to engage with all relevant bodies globally.
- Supporting blockchain skills development: The EC supports initiatives focused on blockchain education in order to ensure the high level skills that are needed are available.
- Interacting with the community. The EC interacts with the private sector, academia and the blockchain community primarily through bodies like the European Union Blockchain Observatory and Forum and the International Association of Trusted Blockchain Applications (INATBA).
Where can I find more information?
- Information on the ongoing European Blockchain Pre-Commercial Procurement process
- ICT and Standardisation
- Convergence – The Global Blockchain Congress, which was held in Malaga, Spain on November 11-13, 2019, in cooperation with INATBA, the EU Blockchain Observatory & Forum and Alastria
- INATBA Brochure (.pdf) and how to become an INATBA member