Benelux trio set to strengthen collaboration on blockchain
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Benelux trio set to strengthen collaboration on blockchain 22 February 2018Brussels Reporter: Becky Butcher
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B-Hive, the Luxembourg House of Financial Technology and the Dutch Blockchain Coalition have signed a memorandum of understanding to strengthen further collaboration in blockchain within the Benelux region.
The agreement confirms the mutual interest in collaboration and defines the general guidelines of collaboration between the firms.
It includes exchange learnings on how blockchain technology can create added value for society and business in general; working together on defining international/European standards for distributed ledger technology (DLT); exchange learnings on managing identity on the blockchain from a self-sovereign identity perspective (the concept that people and businesses can manage their own identity data without relying on a central authority); identify and collaborate on cross-border use cases; and help each other to extend respective know-how regarding DLT topics and themes.
The document was signed by Dave Remue, programme manager of TrustHive at B-Hive, Alex Panican, head of partnerships and ecosystem at the LHoFT Foundation and Frans van Ette, coalition manager of the Dutch Blockchain Coalition.
According to Panican, the cooperation between the three firms is confirmation of “strong and trusted collaboration between three tech-minded organisations in the Benelux region working side by side for mutual benefit around blockchain technology”.
Remue said: “We are very excited about this Benelux blockchain alliance. It provides us a structure to exchange learnings about blockchain projects on a larger scale, and we look forward to those use cases that leverage blockchain technology across sectors and across borders where innovative startups and scale-ups work together with established organisations.”
Van Ette added: “The rapid development of distributed ledger technologies (blockchain) leads to challenges that cannot be resolved within the borders of a single country.”
“Therefore, it is of the utmost importance to collaborate on the international stage in order to effectively coordinate the development of this young, disruptive technology. As in many other partnerships, the Benelux countries seek collaboration in this space.”
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