What is DLT

Blockchain technology is spreading across many sectors as many firms are understanding its potential. In particular, such a technology may impact the way in which many SMEs compete, offering them new ways to achieve competitive advantage. However, many of them are struggling to embrace blockchain, thus requesting that the discussion on the issue be deepened. For this reason, in this chapter, the authors propose a review of the literature about blockchain and they show the main areas in which such technology is actually used. Moreover, they propose a discussion of the public policies adopted by Europe and they highlight possible future challenge for SMEs aiming at adopting the new technology.