Brdo pri Kranju hosted the first European Blockchain Summit, where representatives of international governmental organizations and some of the most respected companies in the blockchain business worldwide addressed the most pressing issue all such ICO companies deal with – regulation. The event, organized by the Blockchain Alliance Europe, the Government of the Republic of Slovenia and ConsenSys, has led to encouraging conclusions: blockchain companies are the foundation of the new industry and dictate the guiding principle of the new digital era which many see as the fourth industrial revolution. This should also be taken into account by the governmental institutions that should provide the newly emerging companies with more favorable conditions in order for Europe to become the most desirable blockchain destination.