EU Countries to Sign Blockchain Development Declaration

The project participants intend to exchange experience and knowledge in the technical and regulatory sphere
11 April 2018   436

More than 20 EU countries signed a declaration on the European partnership in the field of blockchain technologies. This is reported by RIA News with reference to the press service of the European Commission.

The project participants intend to exchange experience and knowledge in the technical and regulatory sphere, to prepare the launch of unified applications for the EU using distributed ledger technology for the public and private sectors.

In order to take advantage of the opportunities of blockchain technologies and to avoid a fragmented approach, the participants of this declaration agree to cooperate in the creation of a European partnership for the development of the blockchain infrastructure that will help to improve trustworthy and user-oriented digital services within a single market.
 

EU Declaration

The agreement provides that the first cross-border actions should begin by the end of 2019.

Earlier it was reported that the European Commission intends to invest about 300 million euros in projects that support the use of blockchain technology.

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   107

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.