EU backs 15 startups to fight online misinformation with blockchain

The EU has awarded €1.8mn to 15 startups to help tackle online misinformation, fraud, and fake identities with blockchain-based technologies. The grant funding is part of the NGI TrustChain initiative, which focuses on building a more decentralised, trustworthy, and user-centric internet by supporting innovations in blockchain. To date, TrustChain has provided over €4.5mn in funding to 43 companies. Among the initiative’s key targets is the protection of human rights and democratic processes in online spaces. Both are threatened by misinformation and fake identities — be it through distorted information, manipulation, or even weaponisation. “Misinformation and deepfakes are inescapable in this…

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