The European Parliament hosted last May in Brussels, its headquarters in the European Union, a Blockchain Intercontinental Conference with the presence of more than 37 countries which met up to debate about the applications of this technology, as well as about the international regulation of Cryptocurrency and ICOs (Initial Coin Offerings).
Representatives of European governments and prominent leaders of the Blockchain industry attended the event. They were presented to the efforts of the International Community, in particular, those of the European Union, in creating favorable regulations to receive companies in search of this technology. Among the countries that took part, the initiatives of the Netherlands, Estonia, Lithuania, Japan, and the USnited Stateswere highlighted.
Influential leaders of the industry presented the big picture of the advances of the technology as well as the new applications they have developed, and that will bring positive impacts to the society, allowing a change in the way of doing business.
Due to qualities such as transparency, auditability, immutability, and safeness, the blockchain technology has brought an unprecedented mean for transfers of value, validation, and record of online information, and it has already been successfully tested in financial technology solutions. Therefore, its application in several sectors like energy, logistics, health records management, and polling has been developed, and it is going to be effectively implemented in the short term.