Distributed ledger technology

30.11.2016

Question for written answer E-009012-16
to the Commission
Rule 130
Sorin Moisă (S&D)

Distributed ledger technology (DLT) has shown high adaptability in a variety of market sectors. Many industries have anticipated its potential benefits, one recent example being the pharmaceutical industry which plans to fight counterfeit drugs by tracking medicines using immutable data.

1. Is the Commission considering any initiatives, projects or partnerships to foster such decentralised innovation ecosystems in Europe?

2. Has the Commission identified specific areas in which DLT needs regulatory measures? If so, could the Commission provide some examples?