February 2020

The Open Market Consultation provided the opportunity to give feedback on the upcoming European Blockchain Pre-Commercial Procurement.

The goal was to solve existing challenges current ledger solutions face, such as interoperability, compliance risks, and enabling digital identities and to give a general overview of the current market situation.

ESSIC contributed to the Open Market Consultation. We have pointed out what is needed to solve the challenges, which standards will be used and what kind of solutions have already been provided by other groups.