European Commission Puts €500,000 Into ‘Blockchain Observatory'
The project is designed to provide a further understanding of distributed-ledger technology and its impact on financial services.
Mandated by a recent vote in the European Parliament, the EC announced the Blockchain Observatory pilot project. A Commission official tells WatersTechnology that the main goal is to build up technical expertise and regulatory capacity in the area of fintech and distributed-ledger technologies.
“Considering the potential benefits, disrupting role and the high attention drawn by them, it is appropriate to launch such an action to better understand and consolidate views on those technologies and
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