The government of the German state North Rhine-Westphalia (NRW) shared the plans for establishing European Blockchain Institute to research blockchain technology. The Institute for Blockchain will be founded in the city of Dortmund inside the Fraunhofer Institute for Material Flow and Logistics (IML). Compared to the United States, Europe is behind in blockchain advancements and “has to catch up,” and this institute hopes to lead the way in achieving.
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