![A Chinese government-backed fund is investing in a “decentralised data economy” in Europe](https://i.comentr.com/Tx16SIOKCgPvhzBSmpuofnwhx60_tam.jpg)
A Chinese government-backed fund is investing in a “decentralised data economy” in Europe
https://tech.newstatesman.com/business/a-chinese-government-backed-fund-is-investing-in-a-decentralised-personal-data-economy-in-europe
A private equity fund backed by the Chinese government has unveiled plans to invest tens of millions of pounds in Western European startups seeking to build a “decentralised data economy”.
The fund, CZ investments, announced today that it will be launching a new accelerator programme for firms building decentralised data projects that could wrest back power from the US tech giants.