Europe’s IT Systems Agency Explores Blockchain At Industry Roundtable


An EU company targeted on the interoperability of IT methods mentioned blockchain throughout a latest trade occasion.

Eu-LISA, formed in 2013 to assist members of the European Union share data throughout borders, held a roundtable on eighth June that noticed the company hear from a gaggle of corporations about their work on interoperability.

It’s a topic that invoked blockchain and, whereas it looks as if eu-LISA is not doing way more than gathering data proper now, it is a noteworthy growth given the company’s position in connecting data methods throughout the EU.

The company mentioned in a release:

“Accenture, SAP, Guardtime, Augmentiq and SAS all provided interesting input in their presentations, recounting experiences related to implementation of interoperability elsewhere, considering the potential architectures for interoperable systems including blockchain technology and considering questions of data quality and analytics.”

The growth comes amidst a widening effort throughout the EU to discover potential purposes for blockchain because it pertains to the administration and oversight of the financial bloc.

The European Commission is actively funding research on this space, committing €500ok in April to again a pilot undertaking that creates a so-called ‘observatory’ via which officers and member state representatives can share data.

At the identical time, EU officers have spent a lot of the previous yr advocating for stronger oversight of digital currency actions on account of fears over the pseudonymous nature of the tech.

EU flags picture by way of Shutterstock

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