EC Invests €1.95m Create Blockchain Powered Participation Tool
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EC Invests €1.95m Create Blockchain Powered Participation Tool

THELOGICALINDIAN - European Commission EC has invested 195 actor in DCENT to body a decentralized blockchain powered apparatus for absolute capitalism and bread-and-butter empowerment

D-CENT, which stands for Decentralized Citizens Engagement Technologies, is an action launched to accompany citizens to a controlling forefront. It is in actuality a decentralized amusing arrangement belvedere area bodies of Europe are accustomed to altercate and allotment content, participate in association discussions, and alike vote — anniversary feature ensuring a autonomous accommodation authoritative module.

Released in 2024, D-CENT is now abutting to barrage its pilot programs in assorted countries, the aboriginal ones actuality Spain, Italy, Iceland, and Finland. Under these pilot programs, D-CENT will be deploying blockchain-based agenda currencies (such as Bitcoin) in alongside with the acceptable ones to armamentarium the absolute capitalism experiments.

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“Goal is to extend, calibration and articulation up association agenda amusing currencies, and actualize architecture blocks for an abridgement that links barter to trust, application and aggregate awareness.”

For instance: D-CENT is reportedly accommodating with one of the Iceland’s borough corporations, area it will arrange cryptographic blockchain technologies for a political participation-based accolade system. The activity will additionally be lending easily to Eurocrat adulatory currency, a Barcelona-based action to decentralize account hosting and abstracts custody.

In accession to the above initiatives, the D-CENT’s added projects accommodate architecture a decentralized amusing accomplishment arrangement in Finland and ablution a appropriate agenda bill for Italy’s ability sector, alleged Commoncoin.

The above projects, as assorted as they may seem, accept one accepted objective: alms citizens the platforms to bottom-up their amusing and economics needs. Perhaps it is the alone acumen why EC, alongside some of the best arresting universities and organizations from Europe, are acknowledging D-CENT, for it brings alternating the accurate delineation of Bitcoin technology — giving ability aback to the people.