The European Union supports blockchain and DLT technologies

Article – January 2019 | RoyaltyRange

The European Union supports blockchain and DLT technologies and their integration in public and private sector activities with a view to bringing tangible benefits to companies and citizens alike.

RoyaltyRange, represented by Kestutis Rudzika, is actively participating in the important initiative by the EU Commission. RoyaltyRange develops the blockchain based applications for tax and transfer pricing, and supports the development and adoption of interoperability guidelines, specifications and global standards, to enhance trusted, user-centric digital services. Upholding an open, transparent and inclusive method of multi-stakeholder cooperation.

We promote an open, transparent and inclusive global model of governance for blockchain and other distributed ledger technology infrastructures and applications. A model that reflects the shared interests of stakeholders from industry, start-ups and SMEs, civil society organisations and public authorities.

We are committed to maintain a permanent and constructive dialogue with public authorities and regulators that will contribute to the convergence of regulatory approaches to blockchain and other distributed ledger technology globally.

The European Union supports blockchain and DLT technologies