According to Odaily Planet Daily, the International Association of Trusted Blockchain Applications (INATBA) released a new report emphasizing that EU blockchain projects have gone beyond the hype cycle and focused on demonstrating practicality across industries and the public sector.
The report mentions that key public infrastructure initiatives such as the European Blockchain Services Infrastructure (EBSI) and the EU Blockchain Observatory and Forum (EUBOF) are crucial to Europe’s digital future.
Other projects focus on supply chains and the Digital Product Passport (DPP), which improves transparency and efficiency in supply chain management across the EU.
INATBA points out that blockchain products will be key in enhancing security, automation, governance and efficiency over the next decade. The report recommends that public institutions and businesses must invest heavily to remain competitive and sustainable.
