They are expected to provide benefits in communication, efficiency, security, reliability and transparency, such as helping to reduce fraud and counterfeiting, lowering operational costs, enhancing safety and efficiency of transactions, or automating material and digital manufacturing operations. The #Blockchain4EU project has been launched by the European Commission’s Joint Research Centre and the Directorate-General for Internal Market, Industry, Entrepreneurship & SMEs. In a press release, Commissioner Margrethe Vestager said: “Europe is at an important crossroads.
The #Blockchain4EU project has been launched by the European Commission’s Joint Research Centre and the Directorate-General for Internal Market, Industry, Entrepreneurship & SMEs. In a press release, Commissioner Margrethe Vestager said: “Europe is at an important crossroads.