There is a unique opportunity for European governments to take advantage of the present favourable growth developments to push ahead with the structural reforms that have been already agreed upon but are still far from being achieved.
Probably the biggest use case for these technologies is cross border Page 3 of 10  remittance transactions, including not just remittances, but import, exports and other services as well. It is noteworthy that a number of banks and nonbank entities around the world have started experimenting with the block chain technology for such cross border transactions and transfers. 6.