Belgium to Reboot EU Blockchain Project
22 Nov, 2023 ● Crypto News
Belgium's government states that during its early 2024 presidency of the Council of the European Union, it intends to expedite the development of a European blockchain infrastructure.
The purpose of the proposal is to make official documents, such as property titles and driver's licenses, easier to store securely.
One of Belgium's four priorities for its upcoming presidency is the creation of a public blockchain for pan-EU infrastructure, the country's Secretary of State for Digitization, Mathieu Michel, told Science|Business on November 21.
The issues of online privacy, artificial intelligence (AI), and the skills required for the digital economy are the three other initiatives.
The European Blockchain Services Infrastructure (EBSI) project, which was launched by the European Commission in 2018 in association with the European Blockchain Partnership—which consists of the 27 EU members as well as Norway and Liechtenstein—should be revived, according to Michel:
“That is a technical project. If we want to build a common infrastructure, it has to become a European project and a political project.”
The revamped EBSI would be called Europeum and would be utilized for public administration duties like EU-wide document verification and driver's license verification.
Michel also mentioned that the project might help the digital infrastructure of the euro.
According to the official, using a public blockchain created by EU member states rather than private ones is crucial:
“In terms of security, transparency, and privacy, the blockchain can give control back to the citizen of the data that belongs to them.”
Currently, Italy, Croatia, Poland, Portugal, Slovenia, Luxembourg, and Romania have already signed up for the Europeum plan, and the headquarters of the project will be located in Belgium.
Sources:
https://cointelegraph.com/news/belgium-seeks-reboot-eu-blockchain-infrastructure-project
