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EU’s European Blockchain Observatory and Forum to Host Blockchain AMA

The European Union (EU) has announced that it is going to host a web based Ask Me Anything (AMA) consultation on June 18, 2018, at 6 p.m. CEST. The tournament, arranged and hosted by way of the European Blockchain Observatory and Forum of the EU, will ultimate for 90 mins and quilt blockchain applied sciences with in-depth explanations, interactive discussions with panelists and public questions spoke back reside.

The European Blockchain Observatory and Forum used to be created as a European Parliament pilot challenge with a project to boost up blockchain innovation and the advance of the blockchain ecosystem throughout the EU and determine Europe as an international chief within the box. The Blockchain Observatory and Forum is recently working underneath the European Commission (EC)’s Directorate General for Communications Networks, Content and Technology (DG CONNECT). Their companions come with ConsenSys AG (normal contractor), the University of Southampton, the Knowledge Media Institute on the Open University, University College London and the Lucerne University of Applied Sciences and Arts.

The tournament can be streamed live on YouTube. Viewers are invited to remark and ask questions by way of Twitter. To take part, audience must come with each #AMAblockchain and @EUBlockchain in a tweet. For instance, “What is the legit place of the EU on cryptocurrencies #AMAblockchain @EUBlockchain?” Selected tweets can be addressed and spoke back reside.

“Technologies like blockchain can help reduce costs while increasing trust, traceability and security,” mentioned Andrus Ansip, vice chairman for the Digital Single Market, in a February 2018 EU press release pronouncing the release of the EU Blockchain Observatory and Forum.

“They have huge potential for making social and economic transactions more secure online by guarding against an attack and removing the need for any middleman. We want to build on Europe’s substantial talent base and excellent startups to become a leading world region that will develop and invest in the rollout of blockchain.”

The announcement emphasizes that the EU Blockchain Observatory and Forum will play an lively position in serving to Europe to clutch new alternatives presented by way of blockchain era, construct experience and display management within the box, and advertise an open discussion board for blockchain technologists, innovators, electorate, trade stakeholders, public government and regulators.

“I see blockchain as a game changer and I want Europe to be at the forefront of its development,” mentioned Mariya Gabriel, commissioner for the Digital Economy and Society. “We need to establish the right enabling environment — a Digital Single Market for blockchain so that all citizens can benefit, instead of a patchwork of initiatives. The EU Blockchain Observatory and Forum is an important step in that direction.”

The announcement states that the Blockchain Observatory and Forum is meant to strengthen the EC’s paintings on FinTech, which is thought of as a concern of the EC and is predicted to play a significant position achieve the targets similar to the advance of the only marketplace, Banking Union, the Capital Markets Union and retail monetary services and products.

“Among the many technologies that are driving digital innovation, blockchain has the potential to be truly transformative for financial services and markets,” mentioned Valdis Dombrovskis, vice chairman liable for Financial Stability, Financial Services and Capital Markets Union. “The Blockchain Observatory and Forum will monitor developments and also inform our policy making.”

TNW notes that the Blockchain Observatory and Forum has been internet hosting a sequence of workshops and panel discussions to work out the most productive techniques to manner this fledgling era within the age of the GDPR. The recordings are online on YouTube.

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