Definition ∞ European Blockchain refers to the collective initiatives, projects, and regulatory frameworks concerning blockchain technology within the European continent. It signifies efforts by governments, institutions, and private entities across Europe to develop, adopt, and govern blockchain applications. This encompasses public and private sector involvement in areas like digital identity, supply chain management, and cryptocurrencies.
Context ∞ The development of a unified European approach to blockchain technology is a significant ongoing discussion. Key topics include the creation of common standards, the establishment of regulatory sandboxes, and the promotion of cross-border interoperability. News coverage often centers on the European Union’s strategic objectives for blockchain, such as the European Blockchain Services Infrastructure (EBSI), and how these efforts aim to position Europe as a leader in the digital economy.
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