CryptoIntelligence 2024-07-22 01:55:00

INATBA Report: EU Blockchain Projects Move Beyond Hype to Practical Applications

INATBA Report: EU Blockchain Projects Move Beyond Hype to Practical Applications

The International Association for Trusted Blockchain Applications (INATBA) released a report revealing that European Union blockchain projects have moved past the hype phase, now focusing on practical applications across various industries and the public sector. The report highlights significant public infrastructure initiatives, including the European Blockchain Services Infrastructure (EBSI) and the EU Blockchain Observatory and Forum (EUBOF), both crucial in shaping Europe’s digital future. Projects enhancing transparency and efficiency in EU supply chain management are now concentrating on Supply Chain and Digital Product Passports (DPP). On July 12, the EU confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions

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