Description: The European Blockchain Services Infrastructure (EBSI) is an IT concept that aims to provide a secure and scalable infrastructure for blockchain-based services across Europe. It is a network of distributed nodes that enables the interoperability of different blockchain platforms and facilitates the development and deployment of blockchain applications in various domains. Additional information: The EBSI is being developed by the European Commission in collaboration with member states and industry partners. It aims to promote the adoption of blockchain technology in the public sector by providing a trusted and efficient infrastructure. The EBSI leverages blockchain's decentralized and immutable nature to enhance transparency, security, and trust in digital transactions. It enables the creation of smart contracts, digital identity management, supply chain traceability, and other applications that require secure and tamper-proof data exchange. The EBSI also supports the integration of existing systems and services, ensuring seamless interoperability between different blockchain networks. Example: One example of the application of the EBSI is in the field of public procurement. By utilizing blockchain technology, the EBSI can enable transparent and auditable procurement processes, reducing fraud and increasing efficiency. It can provide a secure and tamper-proof record of all transactions, ensuring the integrity of the procurement process. Additionally, the EBSI can facilitate cross-border transactions, allowing suppliers from different countries to participate in procurement procedures without the need for complex paperwork and intermediaries. Publisher: European Commission Source: https://ec.europa.eu/cefdigital/wiki/display/CEFDIGITAL/European+Blockchain+Services+Infrastructure LOST view: TVA-Trust Enablers [Motivation] Identifier: http://data.europa.eu/dr8/egovera/EuropeanBlockchainServicesInfrastructureApplicationService EIRA traceability: eira:DigitalSolutionApplicationService EIRA concept: eira:SolutionBuildingBlock Last modification: 2023-07-25 dct:identifier: http://data.europa.eu/dr8/egovera/EuropeanBlockchainServicesInfrastructureApplicationService dct:title: European Blockchain Services Infrastructure Application Service