Leading global blockchain companies launch “blockchain for Europe” association

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Four Leading global blockchain companies (EMURGO/Cardano, Fetch.AI, NEM, and Ripple ) have partnered to found the “Blockchain for Europe” representing blockchain originating organizations in Europe.

Blockchain for Europe is the first attempt to create an association for the blockchain industry at European level. The association’s goal is to foster the understanding under EU — and member state institutions on the true nature and potential of distributed ledger (DLT) and blockchain technology, and to ensure that upcoming regulation promotes and boosts innovation in Europe.

Blockchain for Europe hosted a successful “Blockchain for Europe Summit” last November 27. It brought out stakeholders around the globe discussing issues like governance, healthcare, transport, trade, identity, financial market, infrastructure, and tokens/cryptocurrencies.

“Ripple is delighted to be one of the founding members of Blockchain for Europe. This is a critical time for policy makers in Europe as they seek to develop the right regulatory framework to capture the benefits of both digital assets and blockchain technology.” said Head of Regulatory Relations, Europe, of Ripple, Dan Morgan.

“We are delighted to be one of the founding members of Blockchain for Europe. There is a lack of unbiased information especially when it comes to the open and decentralized application of the technology. By joining forces with different stakeholders that have blockchain at the core of their business, we aim to provide insights which are not tailored to the agenda of specific organizations or stakeholders.” said Former NEM.io Foundation Interim President, Kristof Van de Reck.

“This is an extraordinary opportunity to guide European policy in a field that will positively change the lives of so many people. The convergence of technologies like machine learning, AI and decentralised ledgers delivers the opportunity for a world where technology works more effectively for the benefit of us all”, said Fetch.AI CTO and co-founder, Toby Simpson.

“Within the scope of EMURGO’s mission to drive the adoption of Cardano globally, we are very keen to work with the European institutions in crafting the rules and regulations which will enable blockchain technology to thrive globally, thereby expanding the impact of our third generation blockchain Cardano, all under the leadership of EU governance.” said EMURGO CIO, Manmeet Singh


About Fetch.AI

Fetch.AI systemizes Autonomous Agents into a decentralized digital world where consumers or companies can entrust digital entities to carry out almost any task. By underpinning a unique smart ledger technology, Fetch.AI provides a simulator environment for AI to interact with each other and deliver high performance, low cost transactions.

About EMURGO

EMURGO is a part of the Cardano project. EMURGO develops, supports and incubates commercial ventures for smooth integration on the Cardano Ecosystem.

About Ripple

Ripple is a real-time gross settlement system, currency exchange, and remittance network created by Ripple Labs Inc., a US-based technology company. Ripple is built upon a distributed open-source internet protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes. Released in 2012, Ripple purports to enable “secure, instant, and nearly-free global financial transactions of any size, with no chargebacks.”

About the NEM Blockchain Platform

NEM is an out-of-the-box enterprise-grade blockchain platform which launched in March 2015. NEM has industry leading blockchain features that include: multisignature account contracts, customizable assets, a naming system, encrypted messaging, and an Eigentrust++ reputation system. Companies with legacy systems can “plug ‘n play” with NEM.

About the NEM.io Foundation Ltd

NEM.io Foundation is registered in Singapore and is operating globally. It was launched to promote NEM’s blockchain technology worldwide. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.

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