The think tank dGen, an organization, primarily concentrating on a swiftly decentralizing technology landscape, has issued it’s much-anticipated “Blockchain in Europe 2020” report.
The formal statement presents an overview of some of dGen’s extraordinary efforts, including reaching out to more than 60 experts and analyzing 1,200 organizations in 20 countries.
“It’s interesting to analyze the culture that drives much of contemporary blockchain development, as it appears very endemic to Europe,” details Jake Scott, a founding board member of dGen in the blog statement.
“Whether we look at The Enlightenment, the fall of the Berlin Wall, or our more recent history of fading borders for increased cross-country collaboration: it feels blockchain has a welcome home in the European discourse.”
Drafting out the geopolitical landscape of any emerging technology is a daunting task. The efforts of dGen were extensive.
The think tank primarily analyzed the blockchain sensibility in six major European countries, including France, Germany, Malta, UK, Switzerland, and The Netherlands. Using an established scoring model, dGen assessed each country by the prism of five categories: funding, startups, regulation, adoption, and fiscal situation.
“To gather this information, we collected a database of companies, funds, events, spaces, non-profits, and other organizations operating in the European blockchain ecosystem,” proceeds Scott in the report. “We then looked at these, along with regulations, to determine how friendly countries are to blockchain innovations, and how active the ecosystem is.”
The report goes on to list the benefits and limitations of each country’s blockchain scene. In conclusion, dGen views Europe as holding the potential to absorb market share from Asia and the US and due to its unique past of alliance among countries under a more comprehensive regulatory body — the EU.
“Collaboration, clarity, and focus are key for EU players to succeed [in] giving the EU a unique position,” concludes Simon Schwerin, co-founder of Scalewonder, in the report.
“We should start seeing our efforts more as EU broad or global efforts, which is very hard due to local ‘bubble’ bias.”
The dGen view reflects Schwerin’s sentiment, and the team provides a suite of data in the new report supporting his hypothesis that task forces, organizations, and startups are tackling helping head-on.
The Blockchain in Europe 2020 report is the 3rd to arise from the upcoming think tank, and another three announcements are scheduled for Q1 2020.
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