EU Legislators Advance Plan to Fund Blockchain Research
The European Union is moving closer to establishing a dedicated task force focused on digital currencies. Late last month, the EU Parliament passed its latest budget proposal, which includes language for a working group dedicated to the technology, its uses and risks. An aide for von Weizsäcker’s office told CoinDesk that the task force was included in the passed budget, but that now it is subject to future debate and approval between the parliament and the European Commission, the EU’s executive branch. “Nothing is finalised yet,” the aide added. The task force was first proposed by....
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Universities implement physical and virtual research hubs dedicated to advancing blockchain technology through scientific and educational knowledge. The demand for organizations to adopt blockchain technology is growing rapidly. Recent findings from market research and advisory firm Custom Market Insights found that the global blockchain technology market size was valued at $4.8 billion in 2021, yet this amount is expected to reach $69 billion by 2030. While notable, it’s become critical for the industry to enable rigorous research into the development of the blockchain sector. Tim....
Legislators in North Dakota are quietly – but quickly – advancing a measure to study how the state should approach regulating digital currencies like bitcoin. Public records show that at the end of last year, the North Dakota Senate’s Industry, Business and Labor Committee put forward Bill 2100, which included language for a report on the feasibility of regulating bitcoin. The bill was introduced at the request of the state’s Department of Financial Institutions, the chief finance regulator for the state. The measure was passed unanimously in the Senate on 12th January with 46 votes. The....
The National Science Foundation (NSF) is seeking to fund research into how technologies like blockchain can improve the resiliency of cyber-infrastructure. According to a grant proposal solicitation initially released last year and updated at the start of 2017, the NSF is looking to fund research to the tune of $8.5m. The agency is looking to grant between seven and nine awards of up to $1m apiece. While not explicitly focused on blockchain, the grant does invoke the technology as one topics of exploration once funds have been granted. The NSF is a US government agency that funds....
Regulators, legislators and entrepreneurs will decamp to Bretton Woods, New Hampshire, this week for a gathering aimed at formalizing guiding principles for the blockchain industry. Organized by consumer advocacy group Consumers’ Research, the event will be held from Sunday, 10th July through Wednesday, 13th July, with the goal for a final white paper to be released at payments industry conference Money2020 in October. Confirmed attendees include members of government groups including the US Federal Trade Commission; US Department of Commerce; and the National Institute of Standards and....
The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates research of several technologies, including the development of an open metaverse platform for its citizens and research on odor simulation technology. Chinese Government Includes Odor Simulation Research in Virtual Reality Plans On Nov. 1, the Chinese government presented a plan that outlines the development of virtual reality (VR), augmented reality (AR), and metaverse technologies in the country for the....