Bitcoin, Crypto currency, Blockchain

Ripple, NEM, Cardano and Fetch reasons, Blockchain consortium

Ripple, NEM, Cardano and Fetch reasons, the consortium for adaptation in Europe

Home News Ripple, NEM, Cardano and Fetch reasons, the consortium for adaptation in Europe

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Marcel Knobloch –
06.12.2018

The adaptation of crypto currencies is progressing according to some representatives of the industry-not fast enough to start so that Ripple, NEM, and Cardano decided to have a consortium, that the acceptance of digital currency in Europe should increase.

“Blockchain for Europe” is the name of the new merger of combined forces of the industry to establish the European Institution. The Association is to bundle the interests of the block chain, companies as well as the Region as a whole and in the industries represented, as well as the true potential of the Blockchain and Distributed Ledger technologies to the light of day.

You want to continue to be a leader in creating smart regulations, in order to shape the global Agenda of the Blockchain effectively and implement. Co-founder of the NEM Foundation, Krifstof Van de Reck, want creators to have a lively exchange with opinion leaders, and Law of the EU, to maintain and establish (freely translated):

There is a lack of unbiased information, especially when it comes to the open and decentralized application of the technology. Through the merger with various stakeholders who have a Blockchain in the centre of your business, we want to provide insights that are not tailored to the Agenda of certain organisations or stakeholders.

Ripples-in-chief for regulatory relationships in Europe, Dan Morgan, stresses clearly that it is very important to help the policy-makers to understand the Blockchain and to create a regulatory framework that supports innovation rather than slowing you down (translated freely):

This is a crucial time for policy makers in Europe who want to develop the right regulatory framework to the advantage of the digital asset and the Blockchain technology.

Also, representatives from the house of Cardano want to be translated, try to have a good relationship with all the important persons within the EU, so that the technology can grow and flourish (free):

In the context of the Mission of Emurgo supporting the worldwide introduction of Cardano, we are very interested to work with the European institutions on the development of rules and regulations, in which the Blockchain technology to thrive in the world […] all under the direction of the EU Governance.

Already at the 27.11.2018 the Association organized a “Blockchain-for-Europe summit”, where the four largest political groups in the European Parliament took part.

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