• Sat, 24 Aug 2019, 08:36 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

EU relaxes access limitations to high-quality blockchain, AI data

Fri, 07 Jun 2019, 04:31 am UTC

The European Union has relaxed the wealth of information that can be reused as raw material for blockchain- and artificial intelligence-related projects.

According to its press release, the new rules aim to boost the EU’s data economy, contribute to the progress of a data-based society, and stimulate growth to open more jobs in the economic sector.

High-value datasets, including geospatial, earth observation and environment, meteorological, statistics, companies and company ownership, and mobility, will be made available for free via an application programming interface (API).

These rules are a real enabler for artificial intelligence and will help Europe to become a world leader in this crucial area,” said Alexandru Petrescu, Romania's Minister for Communications and the Information Society, President of the Council.

They will bolster the EU digital industry, especially smaller companies and start-ups, which would not otherwise have access to all the data they need to innovate and expand.”

The new directive will also allow the use of research data that are already in the public domain. Dynamic data including real-time weather or transport data will also be made available, and open-format data can be used for free or shared for any purpose.

Last month, the Maltese government has awarded the first Blockchain and Distributed Ledger Technology scholarship grants to 19 students, with the hopes of preparing the future generation “for the necessities of future industries.”

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,129.60 (-2.64%)
  • Ethereum (ETH) $190.20 (-1.92%)
  • XRP (XRP) $0.272700 (-1.15%)
  • Bitcoin Cash (BCH) $307.67 (-1.65%)
  • Litecoin (LTC) $73.36 (-2.30%)
  • Bitcoin (BTC) $10,129.60 (-2.64%)
Aug 23, 2019 (Friday)
11:35
Stablecoin project Terra receives funding from HashKey Capital
10:49
Three of the founding members of Libra Association consider backing out: Report
08:55
Overstock's Patrick Byrne steps down as CEO
08:52
Pundi X brings XPOS crypto payments to Venezuela's Traki retail stores
07:22
Blockchain startup Blockstack scores strategic investment from Japan's Recruit Holdings
07:19
BitGo announces support for multi-signature EOS wallet and custody services
06:39
US Treasury blacklists crypto addresses of suspected Chinese fentanyl traffickers
06:14
Chainalysis launches ‘Chainalysis KYT Alerts’ to detect suspicious cryptocurrency activity in real-time
05:13
Cryptocurrencies used to buy fentanyl, other illicit drugs: White House
05:04
Blockchain energy startup Power Ledger extends energy trading trial in Fremantle
03:53
Blockchain accelerator initiatives launched at the University of California campuses
Aug 22, 2019 (Thursday)
13:05
Crypto exchange Coincheck mulls launching IEO Platform
12:46
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:53
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:42
Sierra Leone launches blockchain-based National Digital Identity Platform
10:43
Blockchain startup Blocko secures $7.4M in Series B+ round from major South Korean financial institutions
09:52
Crypto Technicals: Ethereum Classic ignores crypto space weakness, extends gains to break above 200-DMA
09:16
Former Zaif exchange owner Tech Bureau to discontinue crypto business after completing customer refunds
08:32
Crypto Technicals: XLM/USD bearish trend intact, hits multi-month lows at 0.06542
07:33
Russian firm ICORating settles $270K fine with SEC for concealing ICO touting payments
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft