"Blockchain for Europe" launched by the leading global blockchain companies

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Recently, four major global blockchain companies (EMURGO / Cardano), Fetch.AI, NEM and Ripple) have come together to form an association that represents blockchain organizations in Europe. With "Blockchain for Europe", they hope to create a unified voice for the blockchain industry in Europe.

The reason for the launch of the association is that the political debate in Europe has been fragmented – with inconsistent information from those who are not part of the blockchain sector, defying consensus within it.

The objectives of the association are to promote the understanding of the institutions of the EU and of the Member States on the true nature and potential of DLT (distributed ledger) and blockchain technology, and to ensure that the 39, forthcoming regulation promotes and promotes innovation in Europe.

Members are organizations whose activities come from DLT and blockchain technology. They share a common vision that Europe becomes the world leader in blockchain technology. Blockchain for Europe wants to help Europe create smart regulation to shape the global agenda on blockchain.

Together with the four major groups in the European Parliament, the association hosted a very successful Blockchain summit for Europe on 27 November. It brought together stakeholders from around the world, discussing issues such as governance, health, transport, trade, identity, financial market infrastructure and token / cryptocurrency. The debate has shown potential benefits for both policy makers and original blockchain companies when they engage directly and transparently.

Dan Morgan, Head of Regulatory Relations, Europe, Ripple, said: "Ripple is delighted to be a founding member of Blockchain for Europe.This is a critical moment for policy makers in Europe as they seek to develop the the right regulatory framework to reap the benefits of both digital resources and blockchain technology ".

Kristof Van de Reck, President of Europe and co-founder, NEM Foundation He stressed: "We are delighted to be one of the founding members of Blockchain for Europe.There is a lack of impartial information, especially when it comes to the open and decentralized application of technology. with the different stakeholders who have blockchain at the core of their business, we aim to provide insights that are not adapted to the agenda of specific organizations or stakeholders. "

"This is an extraordinary opportunity to guide European policy in a field that will positively change the lives of so many people. The convergence of technologies such as machine learning, AI and decentralized registries offers the opportunity for a world where technology works most effectively for the benefit of all of us ", commented Toby Simpson, CTO and co-founder, Fetch.AI.

Manmeet Singh, CIO, EMURGO, stated: "In the context of EMURGO's mission to lead Cardano's adoption globally, we are very interested in working with the European institutions to create rules and regulations that will enable blockchain technology to thrive globally, expanding in this way the impact of our third generation blockchain, all under the guidance of the governance of the EU. "

Blockchain for Europe does not look forward to entertaining conversations with politicians, industry players and academia. Together we hope to help make Europe the pioneer of blockchain technology.

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