EU blockchain sandbox unveils first 20 use cases after wave of applications

Revealed in 2020, the effort intends to bridge the regulatory gap in between European nations and crypto companies.According to the European Commission, 20 projects have actually been selected in the first friend, with business in financing and capital markets, telecoms and IT, worldwide trade, transportation, and cross-sectoral tasks leading the group. The projects are spread out throughout 5 European areas, including Western Europe with 14 use cases, Southern Europe with 10 projects, Nordics and Central Europe both with eight jobs each, and Eastern Europe with 7 tasks. Blockchain projects chosen for the first cohort of the EU regulatory sandbox.