EBA

The European Blockchain Association (EBA) is an organization that coordinates and promotes blockchain-related initiatives across Europe. It works with corporations, startups, venture capitalists, and scientific institutions to harmonize their activities and create a unified European blockchain ecosystem. The EBA also serves as a point of contact for non-European entities interested in the European blockchain industry.\n\nThe EBA operates using a model known as a Decentralised Semi-Autonomous Organisation (DSAO). This structure is a variation of a Distributed Autonomous Organisation (DAO), which is a network that allows individual nodes to operate independently according to self-established rules. In a DAO, financial transactions and program rules are recorded on a blockchain, and the activities of its members are not centrally governed.\n\nHowever, unlike traditional DAOs, the EBA was established by a legal entity, the European Blockchain Association e.V., registered in Germany. Furthermore, the EBA%27s DSAO is supported by a basic government run by the EBA%27s board. This setup enables the EBA to integrate with broader society more effectively, by addressing social, legal, economic, and environmental aspects and serving as a liaison.\n\nBy adopting the DSAO structure, the EBA merges the benefits of decentralized networks with the fundamental requirements of societal institutions. This approach allows the EBA to effectively champion blockchain initiatives, while also maintaining adherence to societal norms and regulations.