EU Government Pegs Blockchain as Beneficiary of €30 Billion Research Fund

EU Government Pegs Blockchain as Beneficiary of €30 Billion Research Fund

The European Commission has announced €30 billion on new investments in technology initiatives including those involving blockchain. The funding would come through the Horizon 2020 initiative, which to date has been supported by €77 billion in public funding. The goal is to support new investments in the areas of "migration, security, climate, clean energy and digital economy", as well as "breakthrough, market-creating breakthrough[s]," according to a statement from Oct. 27. Clean energy is poised to be a major area of focus, with €3.3 billion expected to be committed between 2018 and 2020. As previously reported by CoinDesk, the Horizon […]