International law firm Bird & Bird and OXYGY today announce together with the European Commission the 20 use cases which have been selected for the first cohort of the European Blockchain Sandbox.
One use case of the European Blockchain Services Infrastructure has been approved by the EBP for participation in the lot for public entities, and 19 additional use cases were selected in accordance with a carefully curated selection process. The selected use cases span all EU/EEA regions and represent a wide range of industry sectors and regulatory topics.
The pan-European sandbox is set up and operated by a consortium of legal experts from Bird & Bird and its consulting arm OXYGY. The selection was done by blockchain experts Warren Brandeis and was overseen by a panel of independent academics consisting of Professor Roman Beck (IT-University Copenhagen, Denmark), Professor Soulla Louca (University of Nicosia, Cyprus) and Professor Walter Blocher (University of Kassel, Germany).
Below are the 20 use cases selected for first cohort of European Blockchain Sandbox (where applicable with their consortium partners):
Commissariat à l'énergie atomique
EBSI Verifiable Credentials Use Case
Fraunhofer (Open Logistics Foundation, ALS Holding)
Stichting 2Tokens (Rabobank, ABN AMRO Bank, Catena Investment, Enercoin, Catena Power)
The matching process for this first group of 20 use cases is nearing completion and the confidential regulatory dialogues are about to begin. Once these dialogues have concluded, a best practices report will be published.
Eligible use cases who have not been selected for the 2023 cohort or use cases who have not had the opportunity to apply, are welcome to apply for the second and third cohort, in early 2024 and early 2025 respectively.
If you are interested in becoming a participant in the next cohort Sandbox, please find out more here and subscribe to our newsletter here.
