2020 is set to be a defining year for European tech.
This shift is heating up Europes focus on the promise its hot young scaleups can bring.
You want to buy something?
You want to chat with your friends?
You want to look for a CV?
So what should Europe do?
And how will Europe defend its technological sovereignty?
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And therein lies the problem.
The EU has responded to these scandals by introducing stricter privacy regulations to protect users data.
And sometimes we need to introduce regulations that actually favor experimentation.
But how will Europes tech identity translate into the different practical areas of tech?
11 years later, they still havent fully gained it back,especially within Europe.
data breaches, hacking attacks).
If this sounds confusing, thats because is.
Minna Technologiesis a subscription management software that integrates with retail banking services.
And I think now is the first time that well see actual products delivered on that data.
So were moving from European legislation to customer value and Im really looking forward to that.
Outsmarting fraudsters
Another major issue thats been plaguing the financial industry is cybersecurity.
While banks have increasingly sophisticated protections in place, the weakest point of entry is often users themselves.
Buguroois turning anti-fraud security on its head.
Instead of focusing on reactionary measures, theyre analyzing anomalies in user behavior.
Using behavioral biometrics, Buguroos platform can create user-profiles and detect when someone else may be using your account.
The way in which you use your unit is special, Buguroo CEO Pablo de la Riva explained.
Data for many companies is their lifeblood.
If they lose their data they lose their edge and their operational capacity.
Other companies rely more on IPs.
So they need to protect their IP.
Others rely on reputation, Cervello continues.
Your reputation has a big impact on your valuation in the market and the perception of your customers.
So it goes much beyond money.
No startup represented this better than EIT Digitals Digital Cities winnerCerbair.
This years Digital Industry winners are great examples of this.
In our ratings-driven world, customer feedback is gold.
According to CEO Manuel Opitz:We started in the niche of a niche.
Compared to other healthcare areas its relatively small.
That was the best proof for us to see were really onto something.
Opitz continues: With children, it may take six to nine months until they need a new foot.
And this really boosts patient compliance.
That triggered the idea.
The company is also now integrating its technology into smart home devices.
Sidekick Healthis a digital therapeutics platform that uses gamification to help patients manage chronic diseases on a daily basis.
For example, we have 450 million people globally with punch in two diabetes.
So we have to have scalable tools for this and smart devices that you carry with you.
For now, lets see what 2020 has in store.
