The state of crypto in Northern Europe: Hostile Scandinavia and vivid Baltics
The Nordics continue to be a cool location for crypto, but Estonia still
leads as the general public blockchain adopter.
As the initial record counts more than 200 pages, Cointelegraph prepared a recap with the intent to capture the most important details about the state of crypto and blockchain in Europe. The country uses a very
scalable and privacy-focused keyless signature infrastructure blockchain, which is being made use of in health care, home, company and succession windows registries, along with the state gazette as well as the nation’s electronic court system. Reviewing the report takeaways with Cointelegraph, Kristina Lillieneke, CEO at BlackBird Law as well as a member of EU Blockchain Observatory, explained the instead low numbers shown by Scandinavian countries relating to the crypto sector. Speaking to Cointelegraph, Marianna Charalambous, study project supervisor at the University of Nicosia as well as member of the EU Blockchain Observatory, noted that the nation still continues to be one of the leaders in public blockchain application. “Estonia stays an advocate of public field blockchain efforts on a nationwide as well as European degree, as a wide number of blockchain applications are being implemented in the public sector.