Blockchain in Europe

Basics

A couple blockchain firms, Fetch.AI, NEM, Ripple, Emurgo and Cardano, have been working together which to create an association of European blockchain organisations, Blockchain for Europe. According to the new organisation, the policy debate in Europe has been fragmented, so that the firm's objectives are to foster the understanding of blockchain potential within the EU.

The banking giant Santander and BBVA were two of the banks which were involved in the European Commission’s planned launch of the International Association for Trusted Blockchain Applications in 2019.

BBVA said that the purpose of this publicly sponsored initiative is to “garner support from private blockchain and DLT experts to contribute to outline the EU’s strategy regarding these technologies.”