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Title: Launch of the EU Blockchain Observatory and Forum
Author: [European Commission: DG Communication]
Series/Date: Press Release IP/18/521 (01.02.18)
Source Origin: EU
Source Type: News
Notes: The European Commission launched on 1 February 2018 the EU Blockchain Observatory and Forum, which was also granted the support of the European Parliament.
Source URL: http://europa.eu/rapid/press-release_IP-18-521_en.htm
Keywords: Blockchain technology - Distributed ledger technologies | DLT - Decentralised data storage and management
Subjects:  7.10.a - Telecommunications - Information technology - Electronics
Geographic Indicators:  European Union
Further information:

This EU Observatory aims to:

+ map key existing initiatives in Europe and beyond;
+ monitor developments analyse trends and address emerging issues;
+ become a knowledge hub on blockchain;
+ promote European actors and reinforce European engagement with multiple stakeholders;
+ represent a major communication opportunity for Europe to set out its vision and ambition on the international scene;
+ inspire common actions based on specific use-cases of European interest.

Background information:

Blockchain technology is the best known distributed ledger technology. It avoids one centralised location and the need for intermediaries to perform transactions. Information stored on a blockchain is: shared; verifiable; public; accessible.

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