The EU Wants to Hear Your Questions About Blockchain

An organization established by the European Commission to focus on blockchain research and development is soliciting questions from the general public about the nascent technology.

The EU Blockchain Observatory and Forum announced through a tweet on Monday that it is hosting a 90-minute AMA (Ask me anything) session on June 18, to address any concerns from the public about blockchain and the organization's future plan in the emerging space.

The session marks a notable move by the European Union's executive arm to educate the public about the basics of blockchain technology and its real-life applications, according to the session's agenda listed on the Observatory's website.

Formally launched in February by the European Commission and ethereum startup ConsenSys, the Observatory focuses on developing blockchain-based applications, such as for cross-border remittances, that can contribute to the European Single Market.

The European Commission announced in April that it plans to invest around $400 million in blockchain related projects over the next two years, anticipating that the technology is going "mainstream," as CoinDesk has reported.

Earlier this year, Mario Draghi, head of the European Central Bank also hosted an online session where he addressed questions posted by the public through Facebook and Twitter that related to blockchain and cryptocurrency.

EU flag image via Shutterstock