Dave Remue, program manager of TrustHive at B-Hive

B-Hive, the Luxembourg House of Financial Technology (LHoFT) and the Dutch Blockchain Coalition have signed a memorandum of understanding (MoU) to collaborate together in the development of distributed ledger technology. The MoU defines the general guidelines of collaboration among the organisations.

The MoU, set to a one-year collaboration, includes an exchange of information on blockchain, as well as a collaboration around European regulation on the technology, and around identifying cross-border use cases.

“We are very excited about this Benelux blockchain alliance,” said Dave Remue, program manager of TrustHive at B-Hive. “It provides us a structure to exchange learnings about blockchain projects on a larger scale, and we look forward to those use cases that leverage blockchain technology across sectors and across borders where innovative start-ups and scale-ups work together with established organisations.”

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Alex Panican, head of partnerships and ecosystem at the LHoFT Foundation, sad that the cooperation was a confirmation Benelux region’s commitment to developing and leveraging blockchain in cross-border use cases.”

“The rapid development of distributed ledger technologies leads to challenges that cannot be resolved within the borders of a single country,” concludes Frans van Ette, coalition manager of the Dutch Blockchain Coalition. “Therefore, it is of the utmost importance to collaborate on the international stage in order to effectively coordinate the development of this young, disruptive technology. As in many other partnerships, the Benelux countries seek collaboration in this space. Our cooperation makes us stronger and our voices are better heard.”

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by Henry Vilar
Henry is Junior Reporter at IBS Intelligence, follow him on Twitter or contact him at: henryv@ibsintelligence.com
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