European Commission taking bids for blockchain pre-commercial procurement
European Union doubles down on commitment to investing in blockchain technology. The European Commission is inviting tenders for the European Union blockchain pre-commercial procurement, or PCP.In general, a PCP is a public sector purchase of research and development services to adapt new or emerging technology to its needs.This PCP will focus on developing a novel blockchain solution that builds on the EU legal framework such as the General Data Protection Regulation, the Electronic Identification, Authentication and Trust Services regulation and the Network and Information Systems....
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The executive arm of the European Union government is planning to expand its work on blockchain, an official said last week. According to newly published statements from 7th February by European Commission VP Andrus Ansip, the Commission is planning to grow its “support” for blockchain projects – something that Ansip characterized as an expansion of existing efforts. It was last spring that the European Parliament approved a task force, led by the Commission, to study blockchain. At the time, MEP Jakob von Weizsäcker framed the measure as a way to monitor the nascent blockchain space while....
The European Commission has said that it is actively monitoring blockchain and DLT developments, stating that its almost limitless potential use cases make it both ‘very promising and challenging.’ In a statement published on 7th February by European Commission Vice President Andrus Ansip, he explained to members of the European Parliament that support for the blockchain and DLT was ‘going to increase in the coming months.’ Last year, the European Parliament approved a task force to further study the distributed ledger technology. Jakob von Weizsäcker who drafted the proposal for the task....
Sony looks to pick up an exposure to the bitcoin and blockchain space with it's latest FinTech competition. Here's what you need to know. It’s been a busy couple of weeks in the bitcoin space, with no shortage of high profile organizations and governments weighing in on bitcoin and blockchain technology. We’ve seen China and Japan kick off initiations that will see both nations develop their own blockchain based cryptocurrency. We’ve seen the Securities and Exchange Commission (SEC) in the US write into law legislation that could pave the way for a bitcoin funded, equity model crowdfunding....