Iota Foundation to support EU blockchain initiative
Cointelegraph
Published Sep 07, 2021 10:00AM ET
Updated Sep 08, 2021 12:00PM ET
The European Commission's blockchain initiative has selected the Iota Foundation as one of seven projects to participate in the preliminary stage of designing an EU-wide distributed ledger technology platform.
The initiative seeks to increase the efficiency and accountability of the European Blockchain Services Infrastructure (EBSI), a network of nodes dedicated to facilitating the efficiency of EU-centric transactions, as well as the expansion of the region's supply chain through the adoption of emerging technologies, all the while reducing European carbon footprint.
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Written By: Cointelegraph
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