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European Blockchain Partnership

The European Blockchain Partnership (EBP) is an initiative to develop an EU strategy on blockchain and build a blockchain infrastructure for public services.

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A technological and regulatory sandbox

The European Blockchain Partnership’s main focus has been building the European Blockchain Services Infrastructure (EBSI).

The European Blockchain Partnership (EBP) helps avoid fragmentation of the blockchain landscape by fostering close collaboration between EU countries. The Partnership supports interoperability and the broad deployment of blockchain-based services. It offers a regulatory-compliant environment in full compliance with EU laws and with clear governance structures and models to help blockchain grow and flourish all across Europe.

By using blockchain themselves, European policy makers gain first-hand knowledge of how the technology works, where it can best be applied, and what its potential and risks are.  The EBP serves as both a technological and regulatory sandbox, hopefully leading to better, more informed regulation on the technological and use case front.

Better public services for all Europeans

As the EBSI comes online, it will contribute to more efficient and more accessible cross-border government services in Europe. As described at the time of the announcement by Mariya Gabriel, the then Commissioner for Digital Economy and Society:

In the future, all public services will use blockchain technology. Blockchain is a great opportunity for Europe and Member States to rethink their information systems, to promote user trust and the protection of personal data, to help create new business opportunities and to establish new areas of leadership, benefiting citizens, public services and companies.

Latest

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The Commission’s European Innovation Council awards €5 million to blockchain solutions for social innovations

The European Innovation Council (EIC) Prize on Blockchains for Social Good has awarded €5 million to six winners selected in a call to identify scalable, deployable and high-impact blockchain solutions for societal challenges. The winning solutions propose blockchain applications for fair trade and circular economy, increasing transparency in production processes and quality information, improving accountability and contributing to financial inclusion and renewable energy.

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Hungary joins the European Blockchain Partnership

On 18 February 2019, Hungary became the 29th country to sign the Declaration creating a European Blockchain Partnership. The declaration was signed by Mr László György, Minister of State for Economic Strategy and Regulation, Ministry for Innovation and Technology, in the presence of Claire Bury, Deputy Director-General for the European Commission’s Directorate-General Communications Networks, Content and Technology (CNECT).

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Liechtenstein joins the European Blockchain Partnership

On 1 February 2019, the Principality of Liechtenstein signed the Declaration joining the European Blockchain Partnership, thus becoming the 28th country in the Partnership. The declaration was signed by Sabine Monauni, Ambassador of Liechtenstein, in the presence of Gerard de Graaf, Director for Digital Single Market at the European Commission.

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