Europe's industrial sector is embracing blockchain technology through a $5 million initiative by 51nodes and World Mobile, funding 50 projects focused on decentralized solutions. This aligns with the European Commission's Industry 5.0 vision, emphasizing human-centric and sustainable practices. As companies adopt blockchain, they grapple with emerging standards such as stablecoins and CBDCs. 51nodes, leveraging the World Mobile Chain blockchain, aims to equip enterprises with the necessary tools and support to adapt to this technological shift, enhancing security and commercialization of data and assets across industries.
"The initiative includes a $5 million grant program that will support 50 projects, each receiving up to $100,000. These projects will concentrate on decentralized infrastructure use cases."
"With industries adopting blockchain-powered automation, they face new financial and identity standards, including stablecoins, central bank digital currencies, Digital Product Passports, and decentralized corporate identity solutions."
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