Earlier quoted context omitted.
I'm also puzzled by the fact that EU is funding this. Usually states and state-like entities are exactly the ones who don't want people to use decentralized technologies, because they often make laws difficult or impossible to enforce. In fact, wanting to circumvent laws is the only reason why people en mass would ever want to use decentralized technologies. I'm not necessarily always against this (there are some rea…
EU is way behind in tech. Centralized web means centralized web in US or China. Probably the push for decentralized web will fail, but at least it appears that EU does something to reduce dependence on foreign superpowers.
Europe could even take a page from China and use regulation to strongly encourage European customers and businesses to not use US products and services (GDPR, for example).