ChainCacther news, the European Commission announced the "web4 and virtual world strategy," aimed at creating a "web4 and virtual world that reflects EU values and principles."EU Internal Market Commissioner Thierry Breton stated, "We will invest in the adoption and promotion of new technologies and provide people with the tools and skills to use the virtual world safely." The European Commission defines web4 as the integration of artificial intelligence, the Internet of Things, blockchain, virtual worlds, and augmented reality.