Ripple and three other blockchain based companies have formed a lobbying association that would represent their interest in Europe, according to their press release. Dubbed ‘Blockchain for Europe,’ the lobbying group would aim to create a credible and unified voice for the industry in Europe.
The members of the new blockchain lobbying group are Ripple, NEM, Fetch.AI, EMURGO/Cardano, who share a common vision of growing Europe into a trailblazer, where blockchain technology is concerned. To do this, the association would be looking at helping Europe create a “smart regulation to shape the global agenda on the blockchain.”
“The association’s goals are to foster the understanding within EU- and member state institutions on the true nature and potential of the distributed ledger (DLT) and blockchain technology, and to ensure that upcoming regulation promotes and boosts innovation in Europe,” the press release reads.
The association has already begun making meaningful decisions. Last month, it hosted the Blockchain for Europe Summit, where issues such as governance, healthcare, and trade were discussed along with how the distributed ledger technology could be integrated into them.
https://www.ccn.com/ripple-nem-and-others-launch-eu-blockchain-association/
