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 democra