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Europe Data Protection Digest | European Commission outlines blockchain development plans Related reading: CLOUD Act becomes law as part of omnibus bill


The European Commission outlined several of its efforts to develop a common approach on blockchain technology for the European Union. Among the projects are the EU Blockchain Observatory and Forum, which will map blockchain initiatives in Europe and monitor trends with the technology, and calls for a feasibility study to determine whether there is an opportunity for an EU Blockchain Infrastructure. The European Commission also plans to examine the potential for blockchain to help improve European cross-border services related to customs, taxation, environmental and financial reporting, and health record and identity management.
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