EU Commission announced the launch of the Blockchain Observatory and Forum

The EU Blockchain Observatory and Forum will start its work from February 20th 2018. The observatory should play a proactive role to help the EU to stay at the forefront and build expertise in the field of blockchain and cryptocurrencies industry. It will be operated by the ConsenSys blockchain development company. Observatory will also aim to reinforce European engagement with multiple stakeholders involved in blockchain activities. In words from Vice-President for the Digital Single Market Andrus Ansip ‘Technologies like blockchain can help reduce costs while increasing trust, traceability and security.’ Read the press release here.