European Blockchain and DLT for SMEs Guide

European Digital SME Alliance | Omar Dhaher | Jan 31, 2023

SME Experts have finalised an SBS guide on blockchain and DLT to raise SMEs’ awareness on how to appropriately use technology, adapt to EU legislation, and maintain consistency to standardisation activities

• The EU blockchain market is expected to be valued around €59bn by 2028. SMEs can use blockchain to grow their businesses and lead the way in digitalisation and sustainability

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• To raise awareness and assist SMEs in mastering the use of blockchain technology, a task force of Small Business Standards (SBS) and DIGITAL SME experts have finalised a SBS guide on blockchain and DLT. The intended manual wishes to Illustrate four case scenarios that demonstrate how blockchain:
  • Strengthen overall business sustainability
  • Help SMEs in certify their quality management system
  • Ensure authentication and trust in identification
  • Strengthen policy response to raising and urging geopolitical concerns

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