EU set to invest $177B in blockchain and other novel technologies
EU officials have set their sights on significant direct funding for emerging technologies including blockchain. The European Union is reportedly looking to bolster technological development in the region with a planned $177 billion investment war chest.According to Bloomberg, EU officials plan to fund direct investments in areas like blockchain, data infrastructure, 5G, and quantum computing, among others.The planned $177 billion investment fund is about 20% of the 750 billion euros ($887 billion) stimulus package agreed upon by EU leaders back in July 2020 to kickstart economic recovery....
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