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.
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.
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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