Seven EU member nations have come together to promote the use of blockchain tech to boost government services and economic well-being.
The southern European states – France, Italy, Spain, Malta, Cyprus, Portugal and Spain – signed a joint declaration on Tuesday to promote the adoption of blockchain in the region in order to "transform" their economies. They further committed to collaborating on development of the technology in order to become "a leading region in this sector."
The declaration was signed in Brussels, Belgium, on Dec. 4.