Tags: EU

Ukraine Energy gets cheap Dynamics AX

UKRENERGO NPC SE has selected Microsoft Dynamics AX. The decision came after a tender process hosted on Prozorro, the Ukrainian public procurement e-platform. The winning bid by SMART Business saw them beat rival Entecheco to win the deal. A third company BInatel Consulting, failed to reach the final stage. The final bid price was UAH…

Blockchain – transparently opaque?

Bitcoin valuations have made many recent headlines. The attractions of anything which increases in value by 40%+ in weeks is understandable. Yet there are problems. Some of these involve Bitcoin (which ET will not address here). Others involves blockchain fundamentals, two of which (though there may be many more) stand out: the transparently opaque conundrum…

NTT DATA+MUFG blockchain PoC may be more than it seems

Mitsubishi UFJ Financial Group, Inc.’s (MUFG) banking entity, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and NTT DATA Corporation (NTT DATA) have announced the commencement of a NTT DATA+MUFG PoC (Proof-of-Concept) prototype leveraging blockchain technology. Its objective is to investigate how this might strengthen trade ties between Singapore and Japan. The initiative, in collaboration with Singapore’s…

GDPR: Changing the ways businesses interact with their customers

The General Data Protection Regulation (GDPR) will come into effect in the UK from 25 May 2018. This affects all businesses small or large, that holds personal data, and you need to start preparing now. The government has confirmed that the UK’s decision to leave the EU will not affect its commencement, so you need…

Unit4 and Grant Thornton bring new dawn to finances of Malta government

Unit4 has won a major deal with the Malta government in partnership with Grant Thornton. Its relationship with the global accounting firm is clearly deeper than the announcement last week that saw Grant Thornton sign up to implement its ERP solution. The overall contract is worth €11.6m and will see Grant Thornton Malta assist the…

Pathetic EASME investing in blockchain

The EU’s Executive Agency for SMEs (EASME) has invested, via SME Instrument funds, a ‘whole’ c €3.4M in three companies (see below) in pursuit of blockchain use. The Commission set up EASME to manage several EU programmes. These include: COSME (Competitveness of Enterprises and Small and Medium Enterprises) Horizon 2020 (the EU primary programme for…

Europe’s N vs S digital divide reassessed

According to Politico.eu “Europe largely ignored warnings of a growing digital divide, a continental rift between the well-connected North and the tech-deprived South. Now, that gap threatens to derail the European Union’s tech aspirations, hamper its efforts to become the world’s digital enforcer and potentially worsen the region’s existing economic divisions. … But these goals,…

Rackspace reacts to EU data protection rules

Rackspace has announced its first data centre in Frankfurt, Germany. The data centre is in response to new data protection requirements from the EU and Switzerland. The company is to use the data centre to deliver managed IT infrastructure to customers in the DACH region. According to Alex Fuerst, Vice President of DACH at Rackspace:…

EU aims Blockchain4eu at non-fintech and SMEs

  The European Commission’s Joint Research Centre (JRC) and Directorate-General for Internal Market, Industry, Entrepreneurship & SMEs (DG GROW) have launched a project under unlovely and gimmicky title of: “#Blockchain4EU: Blockchain for Industrial Transformations” (Blockchain4eu). This will run until February 2018. The project is intended to be forward-looking. According to the European Commission it will explore…

Blockchain criminally exempt?

A group of fifteen organisations from seven European countries has initiated a project – named TITANIUM. This stands for ‘Tools for the Investigation of Transactions in Underground Markets’).Its purpose: to curtail criminals and attackers from using blockchain technology to avoid law detection. They claim their work will respect the privacy of legitimate users. Project co-ordinator…