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Telefonica, Central Bank of Azerbaijan and others show that the momentum blockchain is growing in different industries in Europe 
According to IDC, "blockchain spending in Europe is growing faster than elsewhere".
The main European companies are continuing to innovate with blockchain technology, progressing projects from proof of concept to production environments. And many, they chose IBM Blockchain as their partner of choice.
Blockchain in the company
The attributes of blockchain technology are ideal for large networks of disparate partners. As such, it represents an attractive technology for large companies and start-ups, with assets spread across the globe in various forms.
The blockchain is a distributed ledger technology, which establishes a shared and unchangeable record of all the transactions that take place within a network. It therefore allows authorized parties to access reliable data in real time.
The adoption of blockchain technology is accelerating in companies
Because the benefits of blockchain adoption become more apparent, large companies are increasingly implementing technology in their operations. Read here
"By applying technology to a variety of business processes, a new form of command and consent can be introduced into the flow of information, allowing multiple partners to collaborate and establish a unique shared view of a transaction without compromising details, privacy or confidentiality, "according to an announcement published today by IBM.
IBM Blockchain
"The hallmark of IBM's business blockchain was the ability to convene large groups of network participants to embrace a collaborative approach to the platform for the adoption of blockchain," reads the announcement.
"These customers are taking advantage of opportunities for greater trust and transparency using blockchain in a variety of industries, for example to better manage reconciliation of international mobile roaming charges, ensure digital identity for citizens and adhere to the new European banking directives on communication customers.
IBM has more than 500 blockchain projects globally and is engaged in all areas. The company notes that European projects, in particular, are on the increase. According to IDC, "blockchain spending in Europe is growing faster than elsewhere".
"From large companies to startups, across multiple industries, companies across Europe are selecting IBM Blockchain," said Andrew Darley, IBM Blockchain Platform Leader, Europe. "Customers are attracted by the production readiness of the IBM Blockchain platform, which enables them to manage highly secure networks in any environment of their choice, on premise, through IBM Cloud or a growing number of other cloud providers in the industry."
Cases of use
European customers collaborate with IBM to promote blockchain innovation in their areas:
Telefónica and IBM they are collaborating on the development of a proof of concept based on IBM blockchain technology to help solve one of the main challenges of operators, the management of international mobile call traffic.
The project solves in real time the truthfulness and traceability of the information generated by the different operators' networks when they route an international call thanks to a decentralized platform to which all the operators involved in the process have access. As a result, fraudulent behavior and discrepancies between the information recorded by each operator are significantly reduced.
The Central Bank of the Republic of Azerbaijan and IBM are developing a digital identification system based on Hyperledger Fabric for individuals and legal entities, to verify the reliability of documents related to them, when natural or legal persons turn to banks, lenders and other organizations. The new system will simplify and automate the "Know Your Customer" validation process and will be used by both customers and credit organizations serving the citizens of Azerbaijan.
Finnish retail co-operative S-Group is testing its Pike radar solution, which is based on IBM Blockchain technology, as part of the retail group's strategy to improve customer experience. Customers in Finland can trace a fillet of pike or perch in their home waters using the QR code on the "Kotimaista-kuhafile" fish pack or by accessing a monitoring website.
PKO Bank Polski, together with KIR (Krajowa Izba Rozliczeniowa SA – Polish Automated Compensation Policy) and in collaboration with IBM and Accenture, is using blockchain to help the bank achieve compliance with the EU Payment Services Directive on the communication with the client. Now customer documents and digitally-sent communications to more than 5 million bank customers will be stored in a highly secure blockchain-based repository.
The central securities depository of Poland (Krajowy Depozyt Papierów Wartościowych, KDPW) implemented its own e-Voting solution in production, designed to encourage greater participation of retail shareholders in corporate AGMs and ensure transparency for regulators on the history of AGM agendas and voting results.
Developer of Comgo.io startup software, with the support of IBM, is digitizing the entire donation and spends the process for NGOs using Hyperledger Fabric, a Linux Foundation project. NGO donors can see in real time what money has already been spent and activities supported.
For example, when charitable operators in India purchase hygiene products for street children they support, payment is tracked on a mobile phone and written on the blockchain, allowing approved individuals to view transactions and activate # 39; NGO responsible for verifying that the children have actually received the products.
The application improves transparency to build a deeper connection between donors and the charity and helps donors to better understand the work of the NGOs. Comgo.io is implementing the application with 7 NGOs: Fundación Recover; Orden de Malta; Exit of Fundación; Farmacéuticos sin Fronteras; KUBUKA; It will be, and homelessentrepreneur.
The race to the blockchain space: it's all about connection
Information Age spoke with Colin Cantrell, founder of Nexus, about the real applications and innovations surrounding the emerging blockchain world. Read here
Moment Blockchain
IBM attributes this blockchain momentum to the ease-of-use of the IBM Blockchain Platform and the open nature of the Linux Foundation's blocklink framework Hyperledger Fabric, coupled with its deep expertise in the field of organization.
Another factor is the availability of services and development resources throughout Europe, supporting customers, according to IBM: IBM Client Center and Blockchain Garages in London and Böblingen; IBM client innovation centers in Paris, Nice and Gronningen; an industrial solutions center in Montpellier; IBM Food Trust operating in Frankfurt; IBM research centers in Zurich and Dublin, focusing on cryptography, innovations in AI and optical imaging to demonstrate the identity and authenticity of objects, detect anomalies and support preventive maintenance in industrial environments; and at the Watson IoT Center in Munich, customers are engaged in projects to explore the convergence of IoT and blockchain, and how customers can automate business processes, gain competitive advantage and create new business models, incorporating endpoints and blockchain sensors networks, to activate smart contracts.
IBM's Blockchain Starter Plan on IBM Cloud also helps developers, startups and businesses create block-proof proof-of-concept quickly and conveniently with an end-to-end blockchain development experience: an environment of secure testing, toolkit and education modules and one- click on network provisioning.
