The European Commission has published minimum technical requirements for nodes wishing to participate in the European blockchain-based services infrastructure (EBSI) test network.
In April 2018, twenty-one EU member States and Norway signed a Declaration on the creation of the European blockchain partnership (EBP) and began collaborating to build infrastructure.
Eight other countries later joined the EBP. It was reported that EBSI will support the provision of cross-border digital services and have the highest standards of security and privacy.
According to technical specifications published by the European Commission, EBSI version 1.0 nodes must contain at least three computer hosts: the main node for basic services and two hosts for protocols for the BESU and Hyperledger Fabric blockchains.
Member States can host their nodes physically or virtually, provided that the composite hosts support an Internet connection, and meet CEF Digital’s network, security, and hardware specifications.
The limited version of ESBI 1.0, which will not use two Protocol-specific nodes, “is intended to act as the first iteration” of the blockchain code base before the ready-to-use version 2.0, the specification notes.
Earlier this year, the European Commission announced a tender for the development of solutions for the defense industry. Companies can also submit blockchain-based offers.
In addition, last fall, the European investment Fund (EIF) and the European Commission launched a new investment Fund of $400 million to ensure that the EU does not lag behind the US and China in the development of blockchain and artificial intelligence.