Covering the specifics on Blockchain technology

There was a meeting on Friday the 15th 2019, that saw members of parliament along with European Blockchain Foundation meet up with members from the TweedeKamer der staten-Generaal within the Hague, Netherlands.

The discussion was regarding the way to proceed with regulations in Europe within the Blockchain area so as to induce a lot of major corporations into this growing market because the Blockchain space could be a dynamic and changing space that moving at a quick rate.

At the meeting was Bart Brands, the co-founder of the europeanBlockchain Foundation and Caroline Nagtegaal-Van Doorn.

Seeing how the Blockchain business has modified over time into aa lot of cryptocurrency friendly scheme, the EBF needed to point out the potential of this technology at the Dutch parliament with members of the ruling organization within the Netherlands, VVD (VolkspartijvoorVrijheid en Democratie).

Other members of the Parliament included Martin Wörsdörfer, along with Roald van der Linde were conjointly present to share some insights on developments and regulation withing the european Union.

The application of blockchain technology and cryptocurrencies were covered on a good scale because the history of bitcoin was tackled on and its effects throughout the worldwide economy inside the past few years.

Top Market Groupwas conjointly present so as to raise queries and share insights on how the cryptocurrency market has been moving over the past few years as rules within the space has been unclear to several with the growing number of recent digital currencies and Blockchain projects being placed on the market.

However, members of the parliament noted that the technology will stand on it´s own, with most of the projects still in there infancy. it's necessary to work out how the economy can react to those new styles of payment transactions while not the necessity for an intermediaries.

The event conjointly saw members of Blockdata, who gave an introduction and description of how they were managing to make applications and analysis of Blockchain protocols easier for the final public through providing the tools and information necessary for engagement within the growing ecosystem.

Also present was Partners of AXE, Unibright, EUCX, Leep network and also the Hague University so as to share info on the developments within the respective corporations and establishments.

The meeting was successful with members of parliament desperate to see where this technology can go within the coming years, and the way it'll change the world of banking, governance and also the future of finance within the European Union.