Four blockchain global leaders EMURGO (drives the adoption of Cardano), Fetch.AI, NEM and Ripple have joined hands to develop an association to represent blockchain originating organizations in Europe.
‘Blockchain for Europe’ is recognized as the first plausible trial to unify the blockchain industry at the European level. The policy debate is split with irregular information.
Many analysts outside the blockchain space are constantly challenging the consensus within it. The association’s primary agenda is to foster an understanding of the true nature and potential of blockchain technology and distributed ledger (DLT) among European Union member states and institutions.
The association also aims at guaranteeing that the upcoming regulations boost and promote innovation in Europe.
All members are companies and organizations whose business models operate on the DLT and blockchain technology. They share a common goal of making Europe a global blockchain technology leader. They want to assist Europe to develop smart regulations that do not choke blockchain but instead shape the global agenda for the technology.
The association hosted an overly successful Blockchain for Europe Summit on November 27 in conjunction with the four biggest European Parliament groups.
Stakeholders from all over the world converged at this summit. They discussed various issues including identity, trade, governance, financial market infrastructure, healthcare, cryptocurrencies/tokens, and transport.
Moreover, this debate displayed the potential benefits for blockchain originating companies and regulators when they engage transparently and directly.‘Blockchain for Europe’ association members. Photo: NEM Medium.
The Head of Regulatory Relations, Europe, Ripple, Dan Morgan expressed his delight in overseeing Ripple become a founding member of the Blockchain for Europe association. He stated that it is a cruc...