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EU Government Commits.......... €30 Billion Research Fund to Blockchain, Clean Energy etc



The European Commission has announced €30 billion on new investments in technology initiatives to support new investments in the areas of "migration, security, climate, clean energy and digital economy", as well as "breakthrough, market-creating breakthroughs," 

The commissioner for research, science and innovation of the Commission, Carlos Moedas, said "Europe is a world leader in science and technology and will play a major role in driving innovation," 

Fireinthebone gathered that the funding would come through the Horizon 2020 initiative, which to date has been supported by €77 billion in public funding.  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.

The Horizon program has been the source of as much as €5 million in financial support for blockchain projects within the EU to date. Indeed, the European Commission has expressed support for committing funds to blockchain research in the past, including work on projects like a database of public company data built on the tech.

While it's not clear how exactly the funds will be spent in relation to blockchain, 
"Artificial intelligence, genetics, blockchain are the science at the core of today's most promising breakthrough innovations. 


Friend, Jesus came looking for you. Give your heart to Him, Love the Lord with all your heart, strength and might.  Love your neighbour as yourself, hold no offence, no bitterness - the Lord is near you to help you!


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