Key Points 

eublockchainforum to create standards

1. meets 1 x per month
2. advanced access to research
3. use cases
4. problems to address
5. solution options
6. standards draft and validation
7. https://www.europarl.europa.eu/portal/en

References

EU Blockchain Resources 

EU Blockchain Strategy

https://digital-strategy.ec.europa.eu/en/policies/blockchain-strategy

EU Regulatory Framework for Innovation

https://ec.europa.eu/digital-single-market/en/legal-and-regulatory-framework-blockchain

The European Blockchain Partnership is planning a pan-European regulatory sandbox in cooperation with the European Commission for use cases in the EBSI and outside of EBSI, including for data portability, B2B data spaces, smart contracts, and digital identity (Self-Sovereign Identity) in the health, environment, mobility, energy and other key sectors. The sandbox is expected to become operational in 2021/22.

Digital Innovation and Blockchain (Unit F.3)

https://ec.europa.eu/digital-single-market/en/content/digital-innovation-and-blockchain-unit-f3

The unit is managing the Startup Europe and Innovation Radar initiatives, supporting the scaling up of deep tech startups in European ecosystems and mobilising innovators to raise the level of market ready innovation. Furthermore the unit is improving access to finance for digitisation and the use of innovation procurement in the Digital Europe and Horizon Framework Programmes. The unit is also responsible for the coordination of ICT standardisation policy, in cooperation with DG GROW in the context of the Multistakeholder Platform and relations with relevant standardisation organisations

EU Blockchain Standards

https://ec.europa.eu/digital-single-market/en/blockchain-standards-0

Some of the more important organisations in the European blockchain standards landscape include:

1. StandICT: Provides an ICT Standardisation Observatory (EUCOS) and a Facility to support participation of European experts on international standardisation (StandICT.eu).
2. European Standardisation Organisations: Important European standards organisations relevant to blockchain include the European Telecommunications Standards Institute (ETSI, in particular the ISG PDL), the European Committee for Standardisation (CEN), European Committee for Electrotechnical Standardization (CENELEC), in particular through their Joint Technical Committee 19 (JTC19).
3. Supra-national and industry organisations: Important global organisations relevant to blockchain standards include ISO (in particular ISO TC307), ISO/IEC JTC1 and ITU-T.
4. National standards bodies: Most national IT standards bodies also are or are expected to be working on blockchain topics.
5. Open Standards bodies: include IEEE, The Organisation for the Advancement of Structured Information Standards (OASIS) and the Internet Engineering Task Force (IETF).
6. INATBA: Through various of its working groups, the International Association of Trusted Blockchain Applications also contributes to the standards discussion on a European and global level.

Key Standards Topics

• Interoperability: Ensuring the different blockchain and DLT protocols and platforms can exchange data and seamlessly communicate with each other.
• Governance: Best practice and standards in governing blockchain projects as well as blockchain consortia working on decentralised platforms.
• Identity: Promoting a common identity framework and/or interoperable identity among different blockchain protocols and platforms.
• Security: Ensuring a secure operation of the different nodes, networks and services
• Smart contracts: Supporting best practice and standards to ensure smart contract technology is safe and secure.

EU Standards Site

https://standict.eu/

EBSI - European Blockchain Services Infrastructure

https://ec.europa.eu/digital-single-market/en/european-blockchain-services-infrastructure

• building its own blockchain backbone infrastructure for the public sector with, over time, interoperability with private sector platforms.
• This is known as the European Blockchain Services Infrastructure (EBSI).
• From 2021 the development and deployment of EBSI will be financed at the EU-level under the Digital Europe Programme.

Each member of the European Blockchain Partnership (EBP) – the 27 EU Member States, Norway, Liechtenstein and the European Commission – will run at least one node.

The infrastructure is made up of different layers including: a base layer containing the basic infrastructure, connectivity, the blockchain and necessary storage; a core services layer that will enable all EBSI-based use cases and applications; layers dedicated to use cases and specific applications.

It will allow public (and eventually also private) organizations to develop applications that connect to and make use of the EBSI infrastructure.

Planned EBSI use cases

The initial set of EBSI use cases are:

• Notarisation: Leveraging the power of blockchain to create trusted digital audit trails, automate compliance checks in time-sensitive processes and prove data integrity.
• Diplomas: Giving control back to citizens when managing their education credentials; significantly reducing verification costs and improving authenticity trust.
• European Self-Sovereign Identity: Implementing a generic Self-Sovereign Identity capability, allowing users to create and control their own identity across borders without relying on centralised authorities, and enabling for compliance with the eIDAS regulatory framework.
• Trusted Data Sharing: Leveraging blockchain technology to securely share data amongst authorities in the EU, starting at first with the IOSS VAT identification numbers and import one-stop-shop amongst customs and tax authorities.

EBSI will be enriched by other use cases. Currently the EBP is working on three additional use cases that will be added to EBSI in future steps (after mid 2021). These concern

• (i) SME financing through blockchain;
• (ii) Leveraging on European Social Security Number to facilitate cross border access to welfare services; and
• (iii) to facilitate the management of cross-border and cross-authority asylum demand processes.

INATBA on EBSI

Exciting Times Ahead with Validvent TechTalks! 🌟 (especially if you are curious about EBSI!) 🙈



I'm happy to invite you to Episode #2 of our Validvent TechTalks series, happening on March 13th at 18:00 CET. This TechTalk is a perfect opportunity for those curious about European Blockchain Services Infrastructure (EBSI)'s potential, its successes, and what lies ahead.



This session is especially close to my heart as I have been involved with EBSI from its pre-procurement process back in the days at my previous job and I maintained interactions at various levels, including engaging with incredible professionals like Nena Dokuzov and, more recently, with Joao Rodrigues Frade and Jose Manuel Panizo Plaza, who kindly show me around the EBSI experience center on my last visit to Brussels.



About this episode:



👉 Save the date: March 13th at 18:00 CET. Live session on our Youtube channel https://lnkd.in/ePakMbSf

🗣️ We're honored to have Joao Rodrigues Frade, Head of Sector Building Blocks, Innovative Services and Blockchain for EBSI, as our guest speaker. His insights into EBSI's ambitious vision and current achievements are not to be missed.

🎙️ With the moderation of the one and only Inbar Preiss from DL News!

Announcement from Validvent TechTalks! 🚀



Join us for Episode #2 of our #TechTalks series on March 13th at 18:00 CET. We'll be diving into Europe's blockchain infrastructure with a focus on the European Blockchain Services Infrastructure (EBSI) rollout.



Our guest speaker, Joao Rodrigues Frade, Head of Sector Building Blocks, Innovative Services and Blockchain, for the European Blockchain Services Infrastructure (EBSI) project will provide invaluable insights into this groundbreaking initiative.



Moderated by Inbar Preiss from DL News, this promises to be an exciting discussion on the future of blockchain in Europe.



Remember: 13th of March- 18:00 CET Live session on our Youtube channel https://lnkd.in/d--AF4rs 🎉

Validvent youtube channel 

GAIA-X  Digital Governance Services

https://gaia-x.eu/

What we are
Gaia-X is an initiative that develops, based on European values, a digital governance that can be applied to any existing cloud/ edge technology stack to obtain transparency, controllability, portability and interoperability across data and services.

Gaia-X is not a market operator, nor will it operate directly or exclusively any of the services required by the governance.

Why we do it
The future of our economy is driven by digital economy, a new way to build value on top of the existing physical ecosystem, products, and services, using data. This is achieved through the collection and exchange of data across the multiple participants and organisations in the value chain.

About Gaia-X

The exchange of data across organisations is currently constrained by proprietary, non-transparent, non-interoperable technologies that do not provide the necessary level of trust.

Our concept of sovereignty translates into the autonomy and self-determination users need to operate their technology choices. Gaia-X enables and boosts the creation of Data Spaces through trusted platforms that comply with common rules, allowing users and providers to trust each other on an objective technological basis, to safely and freely share and exchange data across multiple actors.

GAIA-X docs

https://gaia-x.eu/media/publications/

https://docs.gaia-x.eu/technical-committee/architecture-document/latest/gx_conceptual_model/

GAIA-X Trust framework

https://docs.gaia-x.eu/technical-committee/architecture-document/latest/gx_services/

This section focuses on the mandatory software components that are being operated only by the Gaia-X Digital Clearing Houses (GXDCHs) to enable the issuing of Gaia-X Credentials.

Compliance Service

The service takes as input the Verifiable Presentations provided by the participants, checks them against the SHACL Shapes available in the Registry and performs other consistency checks based on the Gaia-X rules.

The service returns a Verifiable Credential, the “Gaia-X Credential” with a Gaia-X signature, as a proof that the input provided has passed all the verifications.

GAIA-X Registry

he Gaia-X Registry (see https://registry.gaia-x.eu) is a public distributed, non-repudiable, immutable, permissionless database with a decentralised infrastructure and the capacity to automate code execution.

 The Ecosystems may want to have their own instance of a local Registry or equivalent. Technically, this component can be part of the ecosystem’s local Catalogues.

The Gaia-X Registry is the backbone of the ecosystem governance, which stores information, similarly to the Official Journal of the European Union, 

https://en.wikipedia.org/wiki/Gaia-X

Gaia-X is an initiative to develop a federated secure data infrastructure for Europe, whereby data are shared, with users retaining control over their data access and usage, and according to some to ensure European digital sovereignty.^[1] It aims to develop digital governance, based on European values of transparency, openness, data protection, and security,^[2] which can be applied to cloud technologies to obtain transparency and controllability across data and services.^[3]

The reported objective of Gaia-X is to design the next generation of a federated European data infrastructure. To accomplish this, it hopes to specify common requirements for a European data infrastructure and develop a reference implementation.

According to the German Federal Ministry of Economics and Energy (BMWi), openness, transparency and European connectivity are central to Gaia-X. The stated goal of this digital ecosystem is to ensure that companies and business models from Europe can be competitive, and share data within a trustworthy environment.^[6] Gaia-X's objective is not to become a Cloud service provider or a Cloud management platform. The implementation of Gaia-X is described as not being intended to create a competing product to existing offers (e.g. hyperscalers). Instead, its stated aim is to link different elements via open interfaces and standards, in order to connect data and make them available to a broad audience. Gaia-X also reportedly seeks to enable the creation of different types of innovation platforms.^[6][7]

^{According to its project statement, the project aims to combine existing central and decentralized infrastructures to form a "digital ecosystem" using secure, open technologies with clearly identifiable Gaia-X nodes.[8] The ecosystem will have software components from a common repository, and standards based on relevant EU regulations.[9] Gaia-X intends to offer significant benefits from a data and infrastructure perspective, including innovative cross-sector data cooperation and more transparent business models.[9]}

Key Concepts

EC process for developing regulations and guidelines < comment

like the focus on the balance between hard laws and concepts on best practices and guidance. While anything can be improved, the EC process for researching ideas and impacts of proposed legislation in collaboration with universities and organizations like INATBA, EUBOF, GBA, GBBC, companies and others leads to regulations and guidance that is generally well thought with enough room in the implementation roadmaps to make needed adjustments and improvements normally based on feedback and experience.

2023 EUBOF Research Project Participant List

https://docs.google.com/spreadsheets/d/10JyvT23YupCPGdgG_hmHw-JU9iJAC686SMcoiKMwqUE/edit#gid=33454280

bc interoperability report

trend report on cbdc

Liz Tanner - Enterprise Blockchain Award - SSI and VC for identity, licenses, employment status

https://www.linkedin.com/posts/jimmason2_blockchain-enterprise-eba2021-activity-6866554666633756672-B0-T

ATARC: Blockchain technology for voting in elections can deliver benefits
https://wiki.hyperledger.org/display/PSSIG/Public+Sector+SIG

EUBC report: Blockchain applications in the healthcare sector

the overall timeline for this is as follows:

After you have reviewed the document, please express your interest to participate in the authorship of this report (as a contributor or as a reviewer) by the 30th of July
Work allocation and collection of contributions is expected to take place during August and first two weeks of September.
The review of the contributions will take place in the second half of September
Publication is expected to take place around the end of September or early October.

Please note that
- this report will be mainly descriptive, including use-cases, and will focus on analyzing the specific topic.
- for now, we plan on engaging 5 contributors and 5 reviewers.

meeting notes 10/20/21

https://drive.google.com/drive/folders/1udS4KjA1v_D5bgUh0Y5Uoy61bGeXzGS

 The title and a few bullet points regarding the direction of the content/contribution you would like to make. Please use the Google doc to coordinate the efforts here: 




































If you would like to present particular projects or solutions, please share them with the group

healthcare gdoc

Wendy Charles - 210817 

review EUBC report requirements, work tasks

Medical Device Security in Healthcare - EU

https://ec.europa.eu/health/sites/health/files/md_sector/docs/md_cybersecurity_en.pdf

EU-healthcare-security-risks-devices-2021-md_cybersecurity_en - pdf

EUBOF report on Decentralized Social Media - 2023

https://www.eublockchainforum.eu/sites/default/files/reports/EUBOF3.0_Decentralized%20social%20media_Final.pdf

Blockchain Interoperatbility - MIT

https://www.linkedin.com/posts/rafaelpbelchior_a-brief-history-of-blockchain-interoperability-activity-7166748610351640576-c7Bm?utm_source=share&utm_medium=member_desktop

t is a pleasure to announce that our paper "A Brief History of Blockchain Interoperability" was accepted for publication at Communications of the ACM! 🚀



This article is a collaboration between the academia and the industry, where we explore the creation of the research area, current trends, and the most prominent problems that need to be solved for the area to mature.



With Thomas Hardjono, André Vasconcelos, Miguel Pupo Correia, Qi (Cecilia) F., Jan Süßenguth and the support of Blockdaemon, MIT Connection Science, INESC-ID, and Instituto Superior Técnico.

https://www.techrxiv.org/doi/full/10.36227/techrxiv.23418677.v1

dlt-interop-2024-paper-mit-f History of Blockchain Interoperability.pdf  link

dlt-interop-2024-paper-mit-f History of Blockchain Interoperability.pdf. file

Blockchain interoperability conflates the need for distributed systems to communicate with third- party systems without the existence of a canonical chain or orchestration layer. As there is not “a chain to rule them all” (due to reasons such as performance, privacy, and market forces), these distributed systems rely on exchanging data and value across network boundaries. Interconnected systems achieve a higher value than the sum of their parts, similar to how the Internet emerged as a set of isolated Local Area Networks (LANs) - and, by force of surprising synergies, such networks fundamentally transformed society, forever. Concurrently, in the last decade, we have witnessed the astonishing development of blockchain technologies, which seem more connected than ever: via bridges [13, 15, 16, 31], oracles [45], and other interoperability mechanisms [4, 9, 17, 48, 89]. These recent developments have, slowly but steadily, contributed to the improvement of the scalability of blockchain networks, as well as providing new functionality and use cases [66], but there is still a long way to go until mass adoption. In this paper, we will dive into the rabbit hole of blockchain interoperability and explain why it is needed, what has been done in the last decade, and where it is going.

advanced model for interoperability?  choreography vs orchestration

options for interoperability?  DLT layer,  services layer

Potential Value Opportunities

EUBOF 231110 - Digital Product Passports

EUBOF reports in 2022 H1

NOTES FROM THE MEETING

Blockchain applications in the healthcare sector report

We received feedback from the EC on the latest version at the end of January. Publication is planned for the beginning of February 2022.

Blockchain Applications in the Energy sector

Draft final version incorporating all inputs and addressing all comments currently under the last review. Publication planned for the beginning of February.

EU Blockchain Ecosystem Developments

We’re working on compiling all of the parts received from different contributors and interviews. The plan is to incorporate all data and information received, and share with the EC and contributors for the first round of review. Draft version of the report is expected to be shared in February.

DeFi report update

We received more contributions and some sections are still under development. The EC read the first version of the report and requested a list of the main DeFi market players and a breakdown of the difference between centralised and decentralised financial services. This was addressed in the first version, but it will be expanded in the second version of the report. Publication is planned for the end of February.

Nina kindly shared an overview of the institutional DeFi actors here.

Discussion on blockchain skills

We will share the final deliverable with you. Thank you for sharing your thoughts, this is much appreciated!

Tim Weingaertner shared the event “International Blockchain Forum Rotkreuz 2022 – Topic “Education”, happening tomorrow 3 February 2022 – hybrid event – free participation where the future of blockchain education will be discussed. More details at https://ibfr.ch/

Invitation to speak at the 1st International DAO Legal Structure Workshop on 10 March

We received an invitation from António Manuel Lemos Garcia Rolo for the workshop gathering diverse representatives and members of DAOs. If you are involved with a DAO that you would like to present at the event, please see the document attached. Each speaker would present their DAO and describe their project, governance and membership model, legal challenges and ways to address them in around 20min. If you are interested, please write directly to António at antoniogarciarolo@fd.ulisboa.pt.

NFT Legal concepts in EU Blockchain Forum - July 22nd session

Session outline

1. I will give an introduction to the topic summarising the efforts of the WG Digital Assets of UNIDROIT.
2. Question to Jim: What are NFTs according to your understanding (I remember you saying that NFTs can be representatives of basically everything, gladly give some details on your carbon footprint case)
3. Question to Robert: Would you agree with Jim (this should give you the opportunity to elaborate on the idea of "standalone" NFTs, not representing any other right etc.)
4. This will lead me to the question if ownership/properties rights in the token as such (not the right represented by the token, if any) are acknowledged by your jurisdiction. I will start with Andres, hand over to Robert and finally get to Jim to showcase the difference to advanced jurisdictions having specific laws already in place.
5. In order to further demonstrate what this means practically, I will ask if tokens are protected against being "stolen" in your jurisdiction. Jim, Robert, Andres
6. This will lead me to the question how far the jurisdictions claim to reach. I will explain that German courts will always look for the connection to Germany, either by a party being resident in Germany, contract being closed in Germany e.g. I will hand over to Robert to explain the UK approach, Andres and Jim
7. You can gladly raise the  problem of enforcement around the globe, so that we can enter into discussing that topic.

Dr. Nina-Luisa’s Profile
linkedin.com/in/dr-nina-luisa-siedler

Phone
0049-(0)173 598 3343
Email
nina.siedler@siedler.legal

Session Notes

NFT Legal Notes

Article on Blockchains and Smart Contracts for Business Process Management April 18

European Commission - 2019 - digital government and blockchain use cases report **

https://joinup.ec.europa.eu/sites/default/files/document/2019-04/JRC115049%20blockchain%20for%20digital%20government.pdf

European Commission - 2019 - digital government and blockchain use cases report pdf

1. blockchain technology is expected to revolutionize or, at least, facilitate various government services and functions. These include, for example, the provision of citizen records, running state registries and support to electronic voting, the facilitation of economic transactions, providing a regulatory oversight of markets, fighting tax fraud/evasion and the redistribution of public money, including grants, social transfers and pensions.
2. The study focuses on answering the following four research questions: — What activities blockchain can serve from the public sector perspective and what are governments currently doing with this technology? — What benefits does blockchain bring for digital government and, in particular, for citizens? — Which blockchain services developed within ongoing projects can be scaled-up beyond their current scope? — What policy actions are needed to fully utilize these technologies for the benefit of society and citizens?
3. The Chromaway property transactions project in Sweden demonstrates the potential of blockchain-based automation in achieving huge efficiency gains in the settlement of multiparty transactions and reducing uncertainties between agents. This project points to a number of hurdles that inhibit the use of blockchain technology for complex and high value transactions, such as real estate transfers. These hurdles include the legality of digital signatures.
4. SSI issued by a government
   The uPort decentralized identity project of Zug Municipality in Switzerland allows citizens to create blockchain-based identity that is independent from the government and only once attested by the authorities. The project design utilizes smart contracts for the management and controlled sharing of personal data, providing a prime example of how blockchain can be used to empower citizens. The decentralized identity system, however, still requires a centralized, government-owned attestation system to exist in parallel.

EC report on stable coins - an opinion survey - 210415

EC report on stable coins 210415 pdf

The consultation included 18 questions aimed at collecting the views of both citizens and professionals. The first part was aimed mainly at citizens in their role as users, while the second targeted primarily financial, payment and technology professionals with specific knowledge of the economics, regulation and technology of (retail) payments. However, respondents were invited to provide feedback on the full set of questions

Potential Challenges

EUBOF - Blockchain Interoperability Report - 2023

https://www.linkedin.com/posts/tonia-damvakeraki-1a028a_eubof-interoperability-report-activity-7135982763232378882-QfXh

link to published report

https://lnkd.in/dNR-kRip

eubof-state of interoperability between blockchain networks-2023.pdf.  link 

eubof-state of interoperability between blockchain networks-2023.pdf file

Jim>> comment on linkedin

Congratulations to the team for creating an excellent report that is a good "first place" to look to understand the importance, strategies and implementation approaches for blockchain interoperabiltiy. Well done. The general patterns defined here will apply going forward even as blockchain technology evolves with improvements in the concepts of consensus, ownership vs control, agent services, orchestration vs choreography management. It is a useful reference model when comparing blockchain interoperability solutions.

CHAPTER 1 UNDERSTANDING THE CONCEPT OF BLOCKCHAIN INTEROPERABILITY. 1.1 WHAT IS BLOCKCHAIN INTEROPERABILITY

1.2 THE IMPORTANCE OF BLOCKCHAIN INTEROPERABILITY.

1.3 APPROACHES TO INTEROPERABILITY.

1.4 CHALLENGES APPLYING BLOCKCHAIN INTEROPERABILITY.

1.4.1 TECHNICAL CHALLENGES

1.4.2 CYBER ETHICS

1.4.3 STANDARDS, METRICS, and KPIs

CHAPTER 2 TYPES OF CROSS-CHAIN INTEROPERABILITY SOLUTIONS.

2.1 PUBLIC CONNECTORS...

2.1.1. SIDE CHAINS AND CHAIN RELAYS.

2.1.2. NOTARY SCHEMES...

2.2 ATOMIC SWAP PROTOCOLS & CROSS-CHAIN AUTOMATED MARKET MAKERS.. 2.3 APPLICATION-SPECIFIC BLOCKCHAINS...

CHAPTER 3 BRIDGES-CONNECTING BLOCKCHAINS.

3.1 INTRODUCTION TO BLOCKCHAIN BRIDGES

3.2 TYPES OF BRIDGES

3.2.1 TRUSTED BRIDGES

3.2.2 TRUSTLESS BRIDGES..

3.2.4 OTHER TYPE OF BRIDGES.

3.3 OVERVIEW OF THE LEADING BLOCKCHAIN BRIDGES

3.4 LIMITATIONS IN BUILDING BRIDGES

CHAPTER 4 THE FUTURE OF BLOCKCHAIN INTEROPERABILITY

4.1 OPPORTUNITIES THROUGH BLOCKCHAIN INTEROPERABILITY 

4.2 CONCLUSIONS

REFERENCES.

Nikos

May I suggest that you will share 1-2 topics that are the most important to you.

Given your experience, I suggest that it will be great covering the Interoperability between Private/ Hybrid <> Public Blockchains  & potentially also expand interoperability of Blockchain with other technologies.

nikolaos.kostopoulos@netcompany-intr

BIO - Blockchain Interoperability

VID2 requires multiple blockchains on different protocols that can execute:

1. a lookup transaction - gets information from remote
2. an update transaction - updates one or both nodes ( requestor and responder )
3. a spend transaction - updates one or both nodes ( requestor and responder ) with a token spend ( actual or virtual )

non-functional requirements include: scale, performance, automated configuration, identity validation, scope ( session or transaction ), duration, transaction rules, authorization, audits

Blockchain Interop Transaction Use Case Types

1. Oracle - read-only access to another blockchain from a first blockchain
2. Standard Transaction - eg ship a vehicle from one blockchain to another
3. Spend Transaction - eg buy something from one blockchain on another blockchain involving payment or future payment

Steps to connect 2 different blockchains

PRCT

1. Protocol Support - connect 2 different types of blockchains using standard service interfaces implementing Hub, Adapter or Bridge patterns from a bc protocol adapter repo
2. Register a blockchain on another chain
3. Connect to a chain
4. Transactions

Tasks to connect to 2 different blockchains

BIO metadata definitions

BIO needs chain registries for a purpose to find service chains

BIO needs service chains to manage directory of approved client chains

BIO needs a common protocol for BIO - tcp sockets, https web sockets or ???

BIO depends on decentralized ids ( self sovreign ids ) and proxy ids, wallets etc

BIO needs common metadata for: contract, authorizations, identities, transactions, mapping, contract management, BIO requests, BIO grants ( similar to Kerberos )

BIO create a connection definition - flow

bc.a issues a connection.request to bc.b OR bc.b creates a connection request for bc.a to bc.b for a smart contract transaction sub set for a group

bc.b reviews the request and responds with: declines or grants an approval for a duration ( transaction, session duration or permanent )

bc.b issues connection certificates for specified roles and contracts to other chains with an expiration and duration

bc.a creates API for the other chain's contract context

map the API to existing local chain services

save the BIO definition

BIO issue lookup transaction request

BIO issue an update request

BIO issue a spend request

Candidate Solutions

EUBOF contribution to ESMA standards on Sustainability via INATBA for MICA RTS ( Regulatory Technical Stds )

mica-its-tech-stds-consulting-recs-2023-james-ross

James RossJames Ross• 2nd• 2ndSenior Regulatory Advisor | Board Experience | Government/ Reg

https://www.linkedin.com/posts/james-ross-72ab0485_esma-mica-rts-its-activity-7085121846047596544-eh7Q?utm_source=share&utm_medium=member_desktop

mica-its-tech-stds-consulting-recs-2023-james-ross.pdf.  link

Summary of the European Securities and Markets Authority's (ESMA) consultation paper on its first set of regulatory technical standards (RTS) and implementing technical standards (ITS) under the Regulation on Markets in crypto assets ((EU) 2023/1114) (MiCA):



ESMA has published a consultation paper on its first set of RTS and ITS under MiCA.



The consultation package covers five RTS and two ITS on:



The notification by certain financial entities of their intention to provide crypto-asset services (Article 60(13) and (14) of MiCA).



The authorisation of crypto-asset service providers (CASPs) (Article 62(5) and (6) of MiCA).



Complaints handling by CASPs (Article 71(5) of MiCA).



Identifying, preventing, managing, and disclosing conflicts of interest (Article 72(5) of MiCA).



The proposed acquisition of a qualifying holding in a CASP (Article 84(4) of MiCA).

The paper provides background information on the mandates and ESMA's assessment and proposal.



Annexe II of the paper contains the proposed text of the draft Delegated Regulations containing the RTS and ITS.



The deadline for comments is 20 September 2023. ESMA will consider the feedback received and expects to publish a final report and submit the draft RTS and ITS to the European Commission for endorsement by 30 June 2024 at the latest.



ESMA also plans to publish two further sets of RTS and ITS in October 2023 and the first quarter of 2024.

EU Technical Standards specifying certain requirements of Markets in Crypto Assets Regulation (MiCA) - second consultation paper

https://www.esma.europa.eu/sites/default/files/2023-10/ESMA75-453128700-438_MiCA_Consultation_Paper_2nd_package.pdf

INATBA Response to ESMAs MICA Draft RTS

INATBA Response to ESMAs Draft RTS on the content, methodologies and presentation of sustainability indicators on adverse impacts on the climate and the environment.docx  LINK

INATBA Response to ESMAs Draft RTS on the content, methodologies and presentation of sustainability indicators on adverse impacts on the climate and the environment.docx file

response to the consultation on the draft RTS on ESMA crypto markets environment sustainability

Mariana de la Roche Wills
Board of Directors & Co-Chair at INATBA | Leader in BC100+ | GBBC A

https://www.linkedin.com/posts/mariana-de-la-roche-es_esma-reply-ugcPost-7141070440428384256-SyoD?utm_source=share&utm_medium=member_desktop

It was a pleasure representing and leading INATBA - International Association for Trusted Blockchain Applications and the European Blockchain Association e.V. and collaborating with Adan and the European Crypto Initiative on our response to the consultation on the draft RTS on the content, methodologies, and presentation of sustainability indicators on adverse impacts on the climate and the environment proposed by the European Securities and Markets Authority (ESMA). In particular, it was a pleasure to collaborate with two of the most knowledgeable women in the space Adriana T. and Anja Blaj



Our key request was to ensure that the future sustainability indicators are designed to be applicable across all consensus mechanisms. This approach is essential for fostering transparency, comparability, and accountability within the crypto-asset sector. While we can draw inspiration from existing frameworks like CSRD and SFDR, it's crucial to emphasize that a simple copy-and-paste approach won't work. We must consider the unique characteristics of blockchain and conduct a thorough feasibility assessment before implementing these indicators. It's imperative that we develop methodologies that issuers and CASPs can realistically and effectively implement.



The significance of conducting a feasibility study to ascertain the practicality of these regulations in the crypto space is a must. We understand that for any regulation to be effective, it must be implementable and realistic within the crypto industry's unique ecosystem.



Thank you to all our partners and contributors for their valuable insights and expertise in particular to our members at INATBA, EBA, Adan and EUCI and to the contributions of the EU Blockchain Observatory and Forum expert panel and the members of the Electronic Money Association

Metaverse report - 5/6/22 - chapter 2.1

Assignment

resource folder

https://unicaccy-my.sharepoint.com/:f:/g/personal/iff_unic_ac_cy/EiCOjA1B1thLl15-amyoLl4BJcTviJNmQ6INi8feKs4wbQ?e=SYcjfx

assignments

https://unicaccy-my.sharepoint.com/:x:/g/personal/iff_unic_ac_cy/ER4vdz-3B3FMrSbXtUBg-RgBrgalXMrZvfxJVxDgwKOSGQ?e=s0y9uM

Since you will be co-authoring section 2.1. of the report, I’m sharing with both of you each other’s email address, in order to coordinate:

• Joshua Ellul, joshua.ellul@um.edu.mt

We have attached the table of contents for the report, as well as an extended version with guidance and additional resources. We would like to invite you to contribute to Section 2.1. in collaboration with Joshua Ellul.

We explicitly limit contributions up to a few pages to ensure that they are not disruptive to your busy schedule. The expected turn in of your in-text contribution is May 6th.

You are kindly requested to confirm your availability to contribute to the report no later than Wednesday 20th of April.

Kindly follow this link to access a repository of resources including:

• The work allocation  (contributors per section)
• Τhe extended Table of Contents with more information per section
• The repository with literature suggestions
• The Working document where all contributions will be included – you can write your contribution, directly on this document or you can add your final text here

Additionally you will also find:

• The writing guidelines which should be followed in order to ensure consistency and academic integrity.
• The report time plan

Blockchain in Supply Chain Report - 2022

eubof shared folder 

EUBOF Expert panel - meeting to discuss the Report on Sustainability and Social Impact-20220407_100458-Meeting Recording

Blockchain Supply Chains ToC_Clean.docx

EUBOF Blockchain Interoperability Report 

https://www.eublockchainforum.eu/sites/default/files/reports/EUBOF_Interoperability%20Report-30112023.pdf

https://www.linkedin.com/posts/eu-blockchain-observatory-forum_press-release-the-eu-blockchain-observatory-activity-7135967501032566784-_UCg?utm_source=share&utm_medium=member_desktop

EUBOF linkedin post

📅 November was surely quite a busy month for our team at the EU Blockchain Observatory and Forum!

🔊 We are very happy and proud to announce the publication of our report on "The Current State of Interoperability Between Blockchain Networks". 🔗

In this report:

➡ we attempt to explain what blockchain interoperability is, how it works and why it is important;

➡ we present the different approaches and the different types of interoperability, including sidechains, atomic SWAP protocols and cross-chain automated market makers, token bridges, native payments, contract calls, and programmable token bridges.

➡Finally, we discuss the future of blockchain interoperability.



The report is available for download here 👉 https://lnkd.in/dgcYcUjC

<<JIm

The team did an excellent job with the report. It is a great starting point to understand interoperability concepts and help define your strategy for interoperability covering: basic concepts, key use cases for digital assets, review of strategies and thoughts on future directions. Interoperability works well now at the API level and the growth of bridges connecting blockchains has movded forward quickly.

TOC

CHAPTER 1 UNDERSTANDING THE CONCEPT OF BLOCKCHAIN INTEROPERABILITY. 1.1 WHAT IS BLOCKCHAIN INTEROPERABILITY

1.2 THE IMPORTANCE OF BLOCKCHAIN INTEROPERABILITY.

1.3 APPROACHES TO INTEROPERABILITY.

1.4 CHALLENGES APPLYING BLOCKCHAIN INTEROPERABILITY.

1.4.1 TECHNICAL CHALLENGES

1.4.2 CYBER ETHICS

1.4.3 STANDARDS, METRICS, and KPIs

CHAPTER 2 TYPES OF CROSS-CHAIN INTEROPERABILITY SOLUTIONS.

2.1 PUBLIC CONNECTORS...

2.1.1. SIDE CHAINS AND CHAIN RELAYS.

2.1.2. NOTARY SCHEMES...

2.2 ATOMIC SWAP PROTOCOLS & CROSS-CHAIN AUTOMATED MARKET MAKERS.. 2.3 APPLICATION-SPECIFIC BLOCKCHAINS...

CHAPTER 3 BRIDGES-CONNECTING BLOCKCHAINS.

3.1 INTRODUCTION TO BLOCKCHAIN BRIDGES

3.2 TYPES OF BRIDGES

3.2.1 TRUSTED BRIDGES

3.2.2 TRUSTLESS BRIDGES..

3.2.4 OTHER TYPE OF BRIDGES.

3.3 OVERVIEW OF THE LEADING BLOCKCHAIN BRIDGES

3.4 LIMITATIONS IN BUILDING BRIDGES

CHAPTER 4 THE FUTURE OF BLOCKCHAIN INTEROPERABILITY

4.1 OPPORTUNITIES THROUGH BLOCKCHAIN INTEROPERABILITY 

4.2 CONCLUSIONS

REFERENCES.

Compare IBC protocol

Interblockchain Communication (IBC) is a TCP/IP-like messaging protocol for blockchains.

EUBOF Blockchain in Energy Report

https://www.linkedin.com/posts/eu-blockchain-observatory-forum_eubof-eu4blockchain-activity-7129840558084112384-DVhc?utm_source=share&utm_medium=member_desktop

From use cases to regulatory challenges, #EUBOF’s recent thematic report titled ‘Blockchain Applications in the Energy Sector’ sheds light on this future-proof topic .



Download it to gain insights into blockchain technology's role in the energy industry, standardisation activities, R&D status, innovation & challenges.



More 👉 https://bitly.ws/32cMI

https://www.eublockchainforum.eu/sites/default/files/reports/EUBOF-Thematic_Report_Energy_Sector.pdf

EU Digital Product Passport post 

https://www.linkedin.com/feed/update/urn:li:activity:7129784206548705281/

https://www.wbcsd.org/Pathways/Products-and-Materials/Resources/The-EU-Digital-Product-Passport

DPP shapes the future of VCE

Provides provenance, traceability, circularity

Agree that some Enterprise Blockchain platforms and frameworks provide a good set of options to implement privacy controls. We're designing a digital product token now in 2 "flavors" - 1 is fungible and the other non-fungible. For the non-fungible use case we are evaluating scenarios between buyer and seller for different policies on what information is shared about the product, the buyer and seller. Beyond provenance, we're also trying to build brand value. For those scenarios, where the parties choose to share more info, I expect we may see both higher perceived value for the product and a stronger sense of community that we also want to build. The key is parties can choose  privacy policies in the community that are right for their needs. It won't be "one size fits all" for privacy policies. We also ensure  compliance with all applicable privacy regulations.

EUBOF DPP Report

EUBOF_DPP_v02_22022024-jim-mason gdoc

EUBOF-meeting-notes. gdoc

bcg-dpp-digital-product-passport-2023.pdf.   link

Membership Info

Membership Connections

I am happy to see that the group seems to be working correctly, thank you for your confirmations and engagement. Whenever you wish to send a message to all members of the Expert Panel, write to EubofexpertPanel@eublockchainforum.eu. 

We are excited for our collaboration and for now please take a look at the sum up of our next steps:

1. Our meeting on 13 January was attended by over 70 members of the group, thank you! We have tackled all practical details of our collaboration. Please find a short summary of what we discussed in the attachment and click a link below to access the recording: VIDEO

2. You can find a full list of members of this Expert Panel in the attachment. We will announce it this week. If you wish to share the news, you can use the image I attached. 

3. Please fill out this doodle so we can find a date for our future meetings - do so before 25 January. Based on this we will create a calendar of our meetings for the next 6 months, so they would always happen on the same day of the week.

4. If you would like to contribute to the CBDC report, please contact Lambis and Marianna responsible for this report directly at dionysopoulos.c@unic.ac.cy and charalambous.mari@unic.ac.cy who can follow up with you.

Of course, let me know if you have any questions.

Best,

Basics on membership commitment

Meetings

m230412 - 2023 projects

https://www.linkedin.com/posts/mariannacharalambous_eu4blokchain-eubof-blockchain-activity-7165406799989313537-WND3?utm_source=share&utm_medium=member_desktop

EU Opportunities

EU Challenges 

2024 EU Economic Report - challenges & strategies - Mario Draghi

The report, requested by the European Union's executive commission, says Europe needs to massively ramp up infrastructure and green energy investments while slashing burdensome regulation in order to return to consistent, strong growth.

challenges: too much regulation & process hurts innovation & tech, too much Russian energy dependence, too much economic dependence on China trade, too much defense dependence on US

keys: strong Euro , more innovation with less regulation, more defense investment & local defense purchases, more renewables and lower cost fossil fuels, organic growth vs China dependent growth

future of European competitiveness: Report by Mario Draghi

Part A | A competitiveness strategy for Europe - Report     link

The future of European competitiveness _ A competitiveness strategy for Europe-Part A - 2024.pdf file

the-draghi-report-a-force-for-reform - summary on key challenges

Across different metrics, a wide gap in GDP has opened up between the EU and the US, driven mainly by a more pronounced slowdown in productivity growth in Europe. Europe’s households have paid the price in foregone living standards. On a per capita basis, real disposable income has grown almost twice as much in the US as in the EU since 2000.

• despite real income declining 4% in the US under Biden Harris from 2021 to 2024 ( vs Trump 10% real income increase 2017 to 2020 )

The era of rapid world trade growth looks to have passed, 

Europe has abruptly lost its most important supplier of energy, Russia.

Geopolitical stability is waning, and our dependencies have turned out to be vulnerabilities.

Technological change is accelerating rapidly. Europe largely missed out on the digital revolution 

Costs are high to change for any country

To digitalise and decarbonise the economy and increase our defence capacity, the investment share in Europe will have to rise by around 5 percentage points of GDP. How to pay for this?  Government debt has no room to increase. Taxes can't go up overall - only minor adjustments possible without cutting standard of living.

Catch 22 - The only way to meet this challenge is to grow and become more productive, preserving our values of equity and social inclusion ( rethink this? ). And the only way to become more productive is for Europe to radically change.

We have reached the point where, without action, we will have to either compromise our welfare, our environment or our freedom.

What tradeoffs are acceptable on social goals, population growth, the environment?

begin with a common assessment of where we stand, the goals we want to prioritise, the risks we want to avoid and the trade-offs we are prepared to make.

completely missed issues?? how to control population growth, social program costs & manage value, capaibility, unity, debt management, real per capita income

EU Solutions 

Step-by-step guide for Example

sample code block

Recommended Next Steps

Define process flows for a VID use case using DIDs, VCs

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