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Scalability, Interoperability, Government And Public Sustainability Services Blockchains

Scalability, Interoperability, Government And Public Sustainability Services Blockchains

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SUMMARY

This paper explores the current and future state of blockchain in Europe through the examination of large-scale blockchain platforms.

According to this study, the initial wave of blockchain adoption will be described by a significant number of purpose-built blockchain platforms focused on a certain use case or user base.

This paper suggests that a small number of global blockchain networks will appear as the backbone of a Web of Value. However, blockchain experts will have to solve several challenges that can be split into three types to reach that stage. Scalability or the ability to manage huge volumes of transactions quickly. Interoperability, which is described as the ability to exchange data with other platforms and with the off-chain ecosystem. And Sustainability. The latter refers to the ability to manage large-scale blockchain platforms in an environmentally responsible manner, and the ability to manage projects, and platforms in a way that is viable over the coming years.

The report indicates that successful blockchain projects need to establish clearly what their targets are, a solid reason for using blockchain, and good governance structures that to help different stakeholders collaborate among themselves. The government, the report explains, can also play an important role in promoting success and support the design of the base blockchain infrastructure.

The document concludes with several recommendations and highlights that the key priority is still research. Europe has performed well in this area, but there is much more to be done.

OUTLINE

Executive Summary

State of blockchain in Europe

Blockchain challenges

Success factors

Blockchain infrastructure

Recommendations

DETAILS

Overview

Researchfinder Rating
4 out of 5 stars
Title
Scalability, Interoperability, Government And Public Sustainability Services Blockchains
Region
Europe
Published
March 6, 2019
Publisher
EUBlockchain
Price
FREE
Language
ENGLISH

Content

Number of Pages
29
Number of Tables
0
Number of Exhibits
2
Topics
blockchain
Tags
blockchain, data analytics, data protection, EUBlockchain, europe, European Union, public sector, security
Methodology
Not available.
EVALUATION

The main value of this report lies in its great data and clear writing style.

Positives:

  • Clear recommendations
  • Great glossary
  • Quality data
  • Understandable writing style

 

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