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Dutch startup WordProof awarded 1 million euros by European Commission
AMSTERDAM, Netherlands ā Dutch startup
#WordProof finished first in the pan-European competition āBlockchains for social goodā by the European Commission and won 1 million euros. With this contest, Europe aims to stimulate the use of blockchain technology to solve social problems.
WordProof, founded one year ago, managed to leave 175 participants from all over Europe behind.
Global CIGI-Ipsos research shows that confidence in the Internet is declining due to fraud, fake news, and privacy issues, among other things.
WordProof wants to use blockchain technology to restore trust in the Internet. āWe are building a universal Timestamp Ecosystem, a global standard that gives consumers a method to verify the reliability of the content on the Internet,ā says
WordProof founder Sebastiaan van der Lans.
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