The bloc wants to form a Digital Single Market for blockchain.
Centralised and distributed technology need to be implemented together.
Technology firms have emerged as competitors since the financial crisis.
Experts warn against falling into the panacea trap.
Time spent on processing documents and data reduced fivefold.
The blockchain body hires wireless broadband and power veteran to helm the organization.
After years of promises, expect projects to go into production in 2018.
Aim is seamless interaction across digital ledgers.
Fund Link is able to connect with other blockchains for fund distribution.