Denmark Joins EU Blockchain Partnership, Plans To Implement Tech In Shipping

June 5, 2018 3:44 pm Published by

Denmark will join 24 European Union member states supporting pan-EU blockchain standards and solutions after signing a declaration of its intentions, local news outlet Finans Watch reported Monday.

The EU blockchain partnership, formed April 10 as part of the European Commission’s Digital Day intends to enhance cooperation among member states for developing blockchain tech, the CoinTelegraph report said.

Denmark, according to Brian Mikkelsen, the Danish Minister for Industry, Business and Financial Affairs, will be “the first country in the world [to] use blockchain technology to register ships in the Danish ship registers,” the report said.

“Blockchain goes across borders, and a joint European cooperation is crucial to ensure future-proof standards and solutions,” he added. “So I’m very pleased that we have now signed this declaration.”

Mikkelson also noted that the government’s “outside the box” Disruption Council is exploring blockchain use for the business sector.

Yesterday, a subsidiary of Abu Dhabi Ports also announced a blockchain solution to improve efficiency in the shipping and logistics industry, CoinTelegraph reported. In early May, the CEO of FedEx referred to blockchain as the “next frontier” for global supply chains., Jack Durschlag

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