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EU uses blockchain to fight fake news

According to TechCrunch on April 30, the European Commission recently applied blockchain technology to combat the spread of false information on the Internet. The European Commission stated that the blockchain is a key part of what it calls a code of practice for false information. The European Commission plans to introduce the code this summer.

According to a recent press release released by the European Commission, blockchain technology is

One of the emerging technologies that are changing the way information is generated and disseminated, in the long run, blockchain technology may play a key role in handling false information.
The European Commission stated that applications based on blockchain technology can improve transparency, reliability, and the traceability of news on the Internet. The committee added that distributed ledger technology can be combined with other identification processes:

Innovative technologies such as blockchains help maintain the integrity of content, verify the reliability of information and information sources, make information more transparent, and provide traceability. Improve the credibility of Internet news. Blockchain technology can be combined with the use of credible electronic identification, authentication, and verified pseudonyms.
The European Commission’s High-Level Experts Group (HLEG) released a report in March calling for greater transparency on online platforms and the spread of false information on the Internet. The next step for the European Commission is to formulate a EU-wide code of conduct on false information.

The development of the blockchain will also be included in the research activities of the European Union's research funding agency Horizon 2020 Work Plan, which is considered to be "the EU's largest research and innovation funding program ever".

On April 11, the European Commission announced the signing of a statement that announced the establishment of a European blockchain partnership consisting of 22 countries. Andrus Ansip, vice chairman of the European Commission, had previously urged the EU to take action as soon as possible in the development of the blockchain and strive to make Europe the world leader in digital innovation.