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Policy Update - EBSI Newsflash #25

The decision to make EBSI software available for licencing under the European Union Public Licence is an example of how the European Commission is not only using, but also contributing to the open source community and thereby growing the ecosystem around EBSI. This allows anyone to have full visibility on the code, discussing it freely and grow a community able to help identify any potential shortcomings. [...]

date:  28/02/2022

You can check out EBSI's resources and explore the software Bitbucket here. 

 

Digital Europe programme - Call for proposals

On 22 February 2022, the European Commission published the second set of calls for proposals under the Digital Europe Programme. This call includes support to EBSI for the deployment of its nodes and their operations as well as for the use cases. In addition, it aims to strengthen European contributions to blockchain standardisation and to reinforce the link of those activities with EBSI.  

You can see further information on the EC funding and tender opportunities portal and access directly the EBSI call text.

 

European Commission proposes new rules to ensure fair, competitive, and accessible data market

On 23 February 2022, the European Commission published proposal for a Regulation on harmonised rules on fair access to and use of data (Data Act). This initiative aims to maximise the value of data in the economy by ensuring that a wider range of stakeholders gain control over their data and that more data is available for innovative use, while preserving incentives to invest in data generation. The Data Act complements the 2020 Data Governance Act, a key pillar of the European strategy for data.

The proposed Data Act contains a minimum standard for trustworthy smart contracts. Smart contracts are software on distributed ledgers that automate data and digital asset transfers. The proposed standard would, if adopted by the Council and the European Parliament,  ensure that smart contracts are safe, interruptible and auditable. This in turn would encourage uptake of distributed ledger technology (DLT) and smart contracts in key verticals such as finance, energy and mobility sectors where data are exchanged on a daily basis at large scale.