The EU Is Building a 'Financial Transparency Gateway' with Blockchain !

Executive forces of the European Union have revealed that a blockchain based gateway is being formed to share the information of the listed companies.

In response to a question from MPP Antonus Guagga about the working conditions of the commission with BlockKen and CryptochuraWinds last month, this publication was released by Ukrainian and Social Commission Vice President Valdis Dombrovskis.

After touching the shots to collect more information from the exchange and wallet service, Dombrovskis indicated a new plan to fund the blockchain pilot project.

As CoinDesk reports April, the European Commission is spending thousands of euros to combine an "observational" through which it can test the possible public-service applications of technology.

According to Dombrovskis, who is a project centered around data collection and sharing information from public companies in the EU with a goal of transparency hoisting. What's more, the commissioner has instructed that the larger pilot effort is being funded by € 850,000 (only $ 1 million) in the fund

He has recently created a commission [Disputed Leader Technology] - European Financial Transparency Gateway (associated information listed companies should be reported in national databases) and European Blockview Observatory / Forum."

Dombrovskis also reveals that the commission plans to launch the "Blockchains for Social Good" competition - a competition that will be held with EU Horizon 2020 research and innovation initiative