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Four blockchain companies Emurgo / Cardano, Fetch.AI, NEM and Ripple have teamed up to create an association of European blockchains, Blockchain for Europe.
According to the new consortium, the political debate in Europe has been fragmented, so the goals of the association are to foster understanding of the potential blockchain within the EU.
The association hosted a summit in November. It brought together stakeholders from all over the world, discussing issues such as governance, transport, trade, identity, etc.
Dan Morgan, Head of Regulatory Relations, Europe, Ripple, said: "This is a critical moment for policymakers in Europe, as they seek to develop the right regulatory framework to reap the benefits of both digital assets and blockchain technology."
"There is a lack of impartial information, especially when it comes to the open and decentralized application of technology," says Kristof Van de Reck, president of Europe and co-founder, NEM Foundation. "By joining forces with different stakeholders who have blockchains at the core of their business, we aim to provide insights that are not adapted to the agenda of specific organizations or stakeholders."
Keep in mind that this last statement is provided by a company that provides blockchain.
"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 us all," comments Toby Simpson, CTO and co-founder of Fetch. AI.
Blockchain for Europe does not look forward to entertaining conversations with politicians, industry players and academia.
Remaining on the theme of alliances, last month, BBVA and Santander were two of the banks involved in the planned launch of the European Commission for the International Association for Reliable Blockchain (IATBA) next year.
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