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Web3 offers the potential to enrich the internet with more security, privacy and user autonomy. This is made possible by blockchain technology, which is already being used in a variety of economic sectors, be it through smart contracts, tokens or crypto and digital currencies. The studies and publications listed here shed light on the properties and possibilities of Web3 and blockchain and their connection to artificial intelligence (AI).

So far, blockchain technology has mainly been used in the crypto sector. However, with increasing regulatory clarity, opportunities are also opening up for the traditional financial industry. In Germany and the EU, measures are therefore being taken to regulate cryptocurrencies and the use of blockchain technology in securities. There are also numerous potential applications in the real economy, for example in the manufacturing industry and in supply chain management.

Blockchain-based applications can improve the quality, transparency and traceability of complex climate protection instruments such as CO2 certificates. The combination of blockchain technology and AI can optimise data processing and enable fairer access to data via corresponding data marketplaces. Start-ups and small to medium-sized enterprises (SMEs) in particular can benefit from these synergies, as they have so far been less able to participate in the economic potential of AI due to high market entry barriers and data protection costs. There is a possibility that Europe's technological sovereignty in the age of AI will be strengthened by this connection.

Although cryptocurrencies are often still viewed with suspicion by the public, their increasing legal regulation is leading to greater trust. As a result, their potentially far greater potential in other sectors, such as the integration of blockchain with AI or climate protection, will also become apparent. Here, it has developed from a major energy consumer into an important tool for the traceability of climate protection measures and sustainability reporting. These developments are promising and mark just the beginning.

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KAS

Synergies of Blockchain and AI

Improving Europe’s Digital Sovereignty

The study analyzes the development of a European AI ecosystem underpinned by a sovereign data marketplace and federated learning. The approach presented aims to strengthen Europe's technological sovereignty in the age of Artificial Intelligence (AI) by outlining a blockchain-based vision for ‘AI Made in Europe’. The approach focuses on three main components: the optimization of digital infrastructures and data management, the support of companies, especially start-ups and SMEs, and the development and use of innovative data marketplaces.’ Potential use cases include healthcare, urban development, and industry.

KAS

Token Study

Blockchain technology fundamentals and application scenarios

The token study analyses the technical properties of distributed ledger technology (DLT) as a central element of a blockchain. The focus is on a structured explanation of the fundamentals of DLT as well as current regulatory developments, with a view to case law in Germany and the EU. Building on this, selected application examples show the impact of DLT on industry and the financial sector. Finally, the study provides an outlook on the further development of the technology.

Pixabay/Geralt

Climate protection with the web3

The tokenisation of carbon credits offers new ways for international climate finance.

Voluntary carbon markets give companies an incentive to invest in international climate protection. They are therefore given an important role in view of the increasing global climate protection efforts. However, these markets are characterized by a high degree of complexity, which counteracts their growing importance. Against this background, numerous new applications are emerging in the blockchain-based Web3 that are able to overcome these hurdles via the tokenization of carbon credits. For international climate protection, this could in turn result in completely new ways of improving its financing.

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Dr. Christian Hübner

Dr

Artificial Intelligence

christian.huebner@kas.de +49 30 26996 3264