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Belgium Moves to Accelerate EU Blockchain Infrastructure Proje | Crypto Land

Belgium Moves to Accelerate EU Blockchain Infrastructure Project

The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024. Mathieu Michel, Belgium’s Minister of State for Digitalization, shared with Science|Business media on November 21 the four key objectives the country aims to accomplish during its upcoming presidency.

These goals include establishing a public blockchain for pan-European Union infrastructure and initiatives to address challenges related to the digital economy, online anonymity, and artificial intelligence (AI). Michel highlighted the idea of building innovative blockchain applications on a common infrastructure overseen by the government, considering the growing number of countries exploring blockchain-based applications.

The Minister of Digitalization also proposed a strategic overhaul of the European Blockchain Services Infrastructure (EBSI) project, which was established by the European Commission in 2018. The project collaborated with the European Blockchain partnership of 27 EU member states, including Liechtenstein and Norway.