European Commission Hosts Blockchain Workshop with Industry Focus

The European Commission has revealed new information about its ongoing blockchain initiatives, including the first of a series of workshops.

Jul 18, 2017 at 10:00 a.m. UTC
Updated Sep 11, 2021 at 1:32 p.m. UTC

The European Commission, the body responsible for proposing EU-wide legislation, has completed the first workshop for its previously announced #Blockchain4EU project.

Launched on June 13, #Blockchain4EU aims to explore potential applications for blockchain and distributed ledger technology (DLT) outside of financial services. Specifically, the workshop – part of an ongoing series that will run until February 2018 – sought to explore blockchain use cases and their relation to industrial transformations within the European Union.

The European Commission wrote that 34 people participated in the workshop, each selected from a pool of stakeholders as to provide a snapshot of the current blockchain ecosystem. Participants included technical experts; developers and scientists; social, economic and legal researchers; entrepreneurs and investors; business and labour representatives; and policy actors at local, national and EU levels.

All in all, it's the latest sign out of the European Commission that it is actively seeking ideas that could benefit from blockchain tech. In June, the commission completed a public consultation on finTech and DLT, and in April, funding was provided for a blockchain pilot.

European Commission image via Shutterstock

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data

Bitcoin lost support at $30,000 as Chinese technology stocks sold off on Thursday amid earnings worries a day after hawkish comments from the U.S. Federal Reserve.

Bitcoin lost support at $30,000 as Chinese technology stocks sold off on Thursday amid earnings worries a day after hawkish comments from the U.S. Federal Reserve.

2
Institutional DeFi Enabler? Data Firm Kaiko Probes DEX Liquidity With New Product

The data feed unpacks what’s what in Uniswap, SushiSwap, Curve Finance and Balancer asset pools.

The data feed unpacks what’s what in Uniswap, SushiSwap, Curve Finance and Balancer asset pools.

3
US Appeals Court Orders SEC to Bring Enforcement Actions to Jury Trials

The 5th Circuit Court of Appeals found that the targets of SEC enforcement actions had their constitutional rights violated by the use of in-house judges.

The 5th Circuit Court of Appeals found that the targets of SEC enforcement actions had their constitutional rights violated by the use of in-house judges.

4
First Mover Asia: Pine Wants to Test the Liquidity of the NFT Market; Cryptos Are Well-Red

The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity.

The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity.