Europe will jointly explore the Blockchain technology. A Declaration about Cooperation on a European Blockchain Partnership had been signed by 22 European countries. The signatories of this declaration will work together towards realising the potential of blockchain-based services for the benefit of citizens, society and economy, in the document said. The European Commission already launched the EU Blockchain Observatory and will invest some 300 million euro in projects supporting the use of blockchain in a number of technical and societal areas through its programme Horizon 2020. Member States have been very active in supporting blockchain ecosystems announcing actions at government level.
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