European Commission Backs Blockchain Pilot With €500k Budget

21 APR 2017   CoinDesk


The European Union’s executive branch is establishing an “observatory” focused on blockchain as part of a wider pilot project.

Unveiled earlier this week, the initiative, according to the European Commission, seeks to “gather opinions and to voice concerns around Blockchain and DLT”. The Commission plans to solicit proposals from possible partners during the second quarter of this year. Read more.

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