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Digital Europe programme: Funding digital transformation beyond 2020

11-02-2019

In the framework of the next long-term EU budget for 2021-2027, the Commission is proposing a new, €9.2 billion programme to build up digital capacity and infrastructure and support a digital single market. It will operate mainly through coordinated and strategic co-investments with the Member States in the areas of advanced computing and data, artificial intelligence, and cybersecurity, their uptake and optimal use in the private and public sectors and boosting advanced digital skills. The programme ...

In the framework of the next long-term EU budget for 2021-2027, the Commission is proposing a new, €9.2 billion programme to build up digital capacity and infrastructure and support a digital single market. It will operate mainly through coordinated and strategic co-investments with the Member States in the areas of advanced computing and data, artificial intelligence, and cybersecurity, their uptake and optimal use in the private and public sectors and boosting advanced digital skills. The programme aims to help European societies and businesses to make the most of the ongoing digital transformation. The Commission sees the potential for efficiency gains in exploring complementarities and synergies with other planned programmes such as Horizon Europe, the Connecting Europe Facility and the European Regional Development and Cohesion Funds. The European Parliament adopted amendments on 13 December 2018 and referred the file back to the ITRE committee for interinstitutional negotiations. The Council reached a partial general approach, which excludes budgetary and horizontal issues, in December 2018. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Launching the Digital Europe Programme

08-10-2018

Despite its strong position in science, research and innovation, Europe lags behind when it comes to deploying digital capacities and taking up advanced digital technologies. That's why the European Commission proposed a new programme - the Digital Europe Programme - to support the deployment and optimal use of the digital capacities that underpin innovation in areas of public interest and business. This briefing provides you with an appraisal of the quality of the impact assessment, which accompanies ...

Despite its strong position in science, research and innovation, Europe lags behind when it comes to deploying digital capacities and taking up advanced digital technologies. That's why the European Commission proposed a new programme - the Digital Europe Programme - to support the deployment and optimal use of the digital capacities that underpin innovation in areas of public interest and business. This briefing provides you with an appraisal of the quality of the impact assessment, which accompanies the Commission's proposal.

Virtual currencies and central banks monetary policy: challenges ahead

02-07-2018

Virtual currencies are a contemporary form of private money. Thanks to their technological properties, their global transaction networks are relatively safe, transparent, and fast. This gives them good prospects for further development. However, they remain unlikely to challenge the dominant position of sovereign currencies and central banks, especially those in major currency areas. As with other innovations, virtual currencies pose a challenge to financial regulators, in particular because of their ...

Virtual currencies are a contemporary form of private money. Thanks to their technological properties, their global transaction networks are relatively safe, transparent, and fast. This gives them good prospects for further development. However, they remain unlikely to challenge the dominant position of sovereign currencies and central banks, especially those in major currency areas. As with other innovations, virtual currencies pose a challenge to financial regulators, in particular because of their anonymity and trans-border character. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.

Išorės autorius

Marek Dabrowski, Lukasz Janikowski

Should central banks be concerned about virtual currencies?

02-07-2018

Virtual currencies have generated much discussion over the past few years with some believing they are an improvement on state-issued currencies and will end up replacing them. This paper argues this is extremely unlikely. Cryptocurrencies such as Bitcoin do not work well as money because of security weaknesses and the volatility of their price relative to traditional currencies. The theory that the private sector will choose to replace a state-backed currency with privately-issued currency also ...

Virtual currencies have generated much discussion over the past few years with some believing they are an improvement on state-issued currencies and will end up replacing them. This paper argues this is extremely unlikely. Cryptocurrencies such as Bitcoin do not work well as money because of security weaknesses and the volatility of their price relative to traditional currencies. The theory that the private sector will choose to replace a state-backed currency with privately-issued currency also has little historical backing. This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.

Išorės autorius

Professor Karl Whelan

Virtual Currencies

02-07-2018

Following a brief discussion of the characteristics of money, we provide an overview of virtual currencies describing relevant technological aspects and different use cases. Based on this, we derive implications for financial market regulations and monetary policy (with a focus on the possibility of central bank digital currencies). This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.

Following a brief discussion of the characteristics of money, we provide an overview of virtual currencies describing relevant technological aspects and different use cases. Based on this, we derive implications for financial market regulations and monetary policy (with a focus on the possibility of central bank digital currencies). This document was provided by Policy Department A at the request of the Economic and Monetary Affairs Committee.

Išorės autorius

Kiel Institute for the World Economy

Should we fear artificial intelligence?

26-03-2018

For better or worse, artificial intelligence (AI) is predicted to have a huge impact on the future of humanity. As new promises and concerns reach increasingly mainstream audiences, the debate is starting to capture the public imagination. In this publication, we present four opinion pieces, each responding to the question should we fear AI? The four authors come from different disciplinary backgrounds and present diverging perspectives on whether we should fear the future of AI, and how we should ...

For better or worse, artificial intelligence (AI) is predicted to have a huge impact on the future of humanity. As new promises and concerns reach increasingly mainstream audiences, the debate is starting to capture the public imagination. In this publication, we present four opinion pieces, each responding to the question should we fear AI? The four authors come from different disciplinary backgrounds and present diverging perspectives on whether we should fear the future of AI, and how we should proceed with its development.

Išorės autorius

EPRS, DG

The role of eGovernment in deepening the single market

22-09-2017

eGovernment, which involves deploying technology to deliver public services, increases administrative efficiency and reduces the administrative burden on the public and businesses. The EU has been actively promoting implementation of eGovernment practices, in particular in cross-border situations. Many studies point to significant savings for national authorities and reduced costs for businesses through further advancement of eGovernment in Europe. However, a low level of digitisation of public services ...

eGovernment, which involves deploying technology to deliver public services, increases administrative efficiency and reduces the administrative burden on the public and businesses. The EU has been actively promoting implementation of eGovernment practices, in particular in cross-border situations. Many studies point to significant savings for national authorities and reduced costs for businesses through further advancement of eGovernment in Europe. However, a low level of digitisation of public services and the lack of interoperability between eGovernment systems still present major electronic and procedural barriers to the free movement of goods, services and people in the single market. Other problems include insufficient access to information and low usability of the services offered. Many Member States are well advanced at national level, but the cross-border provision of e-services is still lagging behind. In order to address these issues, various policy initiatives have already been launched or are planned under the digital single market strategy and the eGovernment 2016-2020 action plan. A further boost should come from the current Estonian EU Council Presidency, which has made promotion of eGovernment one of its main priorities.

What if technology helped society become more inclusive?

28-06-2017

There are already many ‘assistive technologies’ available, which can help people with disabilities participate more fully in society. More advanced assistive technologies are under development, but is technology the key to a more inclusive society?

There are already many ‘assistive technologies’ available, which can help people with disabilities participate more fully in society. More advanced assistive technologies are under development, but is technology the key to a more inclusive society?

What if your personal health tracker could save your life?

09-06-2017

Through advances in technology, big data has become a major asset and can open up numerous opportunities in all areas, but how can we use this in the context of health care and ensure it benefits everyone?

Through advances in technology, big data has become a major asset and can open up numerous opportunities in all areas, but how can we use this in the context of health care and ensure it benefits everyone?

How blockchain technology could change our lives

20-02-2017

Blockchain technology is of increasing interest to citizens, businesses and legislators across the European Union. This report is aimed at providing a point of entry for those curious about blockchain technology, so as to stimulate interest and provoke discussion around its potential impact. A general introduction is followed by a closer look at eight areas in which blockchain has been described as having a substantial potential impact. For each of these, an explanation is given of how the technology ...

Blockchain technology is of increasing interest to citizens, businesses and legislators across the European Union. This report is aimed at providing a point of entry for those curious about blockchain technology, so as to stimulate interest and provoke discussion around its potential impact. A general introduction is followed by a closer look at eight areas in which blockchain has been described as having a substantial potential impact. For each of these, an explanation is given of how the technology could be developed in that particular area, the possible impacts this development might have, and what potential policy issues are to be anticipated.

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