€3.3m research funding to establish trust in the internet economy
Open-access, blockchain-based system for fostering trust: TU Delft, Erasmus University, and University of Amsterdam
Sovereignty4Europe, an interdisciplinary research project that aims to start an online community of 50,000 internet users to evaluate the principles of an ‘internet of trust’, has received €3.3 million of research funding. Of the total amount, €1.5 million comes as a research grant from the Dutch Research Council (NWO). The funding will allow to design an internet-based system that records various forms of transactions in a reliable and law-compliant way by combining computer science, economics, and legal expertise.