Belgium advocates for active promotion of blockchain initiatives

Belgium advocates for active promotion of blockchain initiatives

user avatar

by Max Nevskyi

3 years ago


Belgium plans to actively support the development of blockchain technologies in Europe, starting from January 2024, when the country will lead the EU Council. Belgium's Minister of Digital Technologies, Mathieu Michel, expressed his anticipation for this event and shared his future plans.

Michel focused on the European Blockchain Services Infrastructure (EBSI), an initiative first proposed in 2018. His goal is to secure political support for the project during Belgium's six-month presidency. Already, eight EU member states have backed this idea.

In the coming months, Belgium will invite other EU countries to join the project or use it for their own purposes. Michel believes that the combination of artificial intelligence and blockchain technologies could be key to the EU's digital sovereignty, including control over data and cyberspace.

Michel also expressed the view that it's time for Europe to actively use digital innovations. In 2020, EU countries were informed about the possibility of joining the EBSI blockchain network by creating their own nodes. However, to ensure data unity, applications based on EBSI need to be compatible across different member states.

Michel emphasized the importance of privacy, transparency, and data control, asserting that blockchain can help achieve these goals. He also assured that a unified blockchain infrastructure would not be used for collecting data from citizens, but rather serve as a paradigm shift in information management.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.