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EU explores path to permissionless blockchain revolution
Bit2me article about Prof. Fabian Schär's EU paper on enhancing financial services with permissionless blockchains
In a recent report titled “Enhancing financial services with permissionless blockchains”, the European Union expressed interest in delving deeper into the potential of permissionless blockchain technology as applied to traditional finance. The report points out the need for a financial system that transcends current limitations and how blockchain technology can potentially play a role in revolutionizing the financial sector. According to the organization, blockchain is a transformative technology, which can offer Transparency, inclusion and greater competition.