Bank

In an effort to wean itself off of technological reliance on comparable American services, the European Union has developed its own sovereign blockchain. The new blockchain technology will make it possible to trace the origin of food items while keeping private information and intellectual property safe from prying eyes.
When Europeum is fully operational, European values will permeate all aspects of people’s and companies’ lives. Mathieu Michel, Belgium’s Secretary of State for Digitalization, explained that the country needs to build its own independent infrastructure soon so it can stop relying on American tech giants like Amazon Web Services.
Ten member states of the European Union, including Greece, Italy, and Poland, have committed to providing technical and financial support for the launch and maintenance of Europeum, according to the European Digital Infrastructure Consortium.
Digital Euro won’t be able to supplant cash, but it will reduce EU reliance on non-European payment systems, according to the president of the Dutch Central Bank (DNB).

A sovereign blockchain called Europeum will be launched by the EU countries.

Blocksays

2024년 5월 22일에 게재된 다른 기사

Crypto Price Analysis: Top Meme Coins Outpace Market Gains Amid ETH ETF Optimism

Total Ethereum Staked Exceeds $121B ETH, Supply Crunch Incoming?

Waiting for Ethereum Spot ETFs Continues: Top 10 Developer-Focused Altcoins Likely to Be Impacted...

Staking Pyth Network (PYTH). How to Stake Pyth Network (PYTH) and Earn Rewards?

Target Q1 Revenue Declined by 3.1%, EPS Short of Expectations

Can Shiba Inu Burn Its Way to the Moon? Investors Are Hopeful

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!