The European Economic and Social Committee, EESC, adopted on 30 October an own-initiative opinion on blockchain technology, an attractive tool for redefining security in digital transactions.

According to the EESC, blockchain technology has the potential to transform society, but there is a need for legal clarity and a common EU approach. It, therefore, called on the EU Commission to launch a comprehensive initiative to make the EU a global authority in this field.

The opinion explains tha...