A Blockchain for Europe Association has been established with the collaboration of four firms namely Ripple, NEM Foundation, Emurgo, and Fetch.AI. Recently, the association also hosted a Blockchain for Europe Summit. The association would also be focusing on educating the EU and member state institutions about the blockchain technology.
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A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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