EU set to invest $177B in blockchain and other novel technologies

Cointelegraph

Published Sep 15, 2021 01:00PM ET

Updated Sep 16, 2021 03:20PM ET

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.

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