@MaltaGov leads 6 other EU Member States to sign a joint declaration on cooperation on #blockchain technology. Proud to see the smallest nation in the EU taking a leading role. Thank you #France #Spain #Italy #Portugal #Greece & #Cyprus for your support.@MaltainEU #ourfuture -SS pic.twitter.com/poyETgZwCw— Silvio Schembri (@SilvioSchembri) December 4, 2018
Cyprus, France, Greece, Italy, Malta, Portugal and Spain signed a joint declaration in Brussels on December 4 to promote the use of blockchain in the region to help bolster their economies. They also intend to collaborate on its development to become “A leading region in this sector.”
The Southern European countries see Distributed Ledger Technologies as a “game changer” in terms of enhancing e-government services as well as education, transport, healthcare and increasing transparency and reducing administrative burdens.
“We believe that any legislation on Distributed Ledger Technologies should take into account the decentralized nature of such technology and should be based on European fundamental principles and technological neutrality. It should also allow innovation and experimentations in order for the public and private sector to better understand the Distributed Ledger Technologies and to develop usecases,” the declaration states.