Tenerife port takes the first step to launch a pilot blockchain technology project

Santa Cruz de Tenerife, Canary Islands, Spain (PortSEurope) October 16, 2019 – Santa Cruz de Tenerife is to decide to start a pilot programme to introduce blockchain technology to promote Blue Growth.

The port plans to utilise blockchain to support sustainable growth of the marine and maritime sectors, as driven by the European Commission.

The port authority will seek EU funds to help finance the project.

Earlier this year, the Commission published the EU Blue Economy Report which analyses the scope and size of the Blue Economy in the European Union, solidifying a baseline to support policymakers and stakeholders in the quest for a sustainable development of oceans, sea and coastal resources. The report includes a chapter on regional analysis, which provides an overview of the main socioeconomic features of all EU sea basins and some examples of smart specialisation.

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