European Blockchain Partnership (EBP)

Last Updated: 03/11/2024

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Overview

The European Blockchain Partnership (EBP) is a key initiative to develop a blockchain strategy. It includes 29 countries -- all EU Member States, Lichtenstein, and Norway. The partnership is helping avoid fragmentation of the blockchain landscape by fostering close collaboration among countries. It offers a regulatory-conformant environment in full compliance with European Commission laws and with clear governance structures and models to help blockchain grow and flourish across Europe.

The European Blockchain Services Infrastructure (EBSI) is a joint initiative of the European Commission and the European Blockchain Partnership (EBP). EBSI’s vision is to leverage blockchain to accelerate the creation of cross-border services for public administrations and their ecosystems. Since 2020, EBSI has deployed a network of distributed nodes across Europe, supporting applications for selected use cases.

Blockchain technology allows people and organizations who may not know or trust each other to collectively agree on and permanently record information without a third-party authority. By creating trust in data in ways that were not possible previously, blockchain has the potential to revolutionize how information is shared and transactions are made online.

Initially financed through the Connecting Europe Facility (CEF) program, EBSI is now funded by the Digital Europe Programme (DIGITAL), which is a new European Commission funding program focused on bringing digital technology to businesses, citizens, and public administrations.

Resources

https://ec.europa.eu/digital-building-blocks/wikis/display/EBSI/About+us

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