B4TDM
Financiado
Making Contracts Digital with Civilised Blockchain
The era of paper, a technology invented more than 2, 000 years ago, has not finished dying yet for organizations such as banks, insurers, telco operators and utility providers. Most of them (over 80%) still use paper in their cont...
The era of paper, a technology invented more than 2, 000 years ago, has not finished dying yet for organizations such as banks, insurers, telco operators and utility providers. Most of them (over 80%) still use paper in their contractual relationships with millions of their clients. Organizations are not only struggling to meet often contradictory requirements of the EC regulations of durable medium and the right to be forgotten, they are also facing a dilemma of choosing IT solutions which only partially address their needs in publication of standardized (e.g. new regulations) and private documents (e.g. loan agreements), digital signatory and KYC (Know Your Customer) procedures. Answering those challenges, Billon developed a revolutionary end-to-end solution based on blockchain that can provide organizations with highly awaited, fully configurable functionalities such as: document publication, active delivery, digital signing, as well as digital identity management based on immutable data storage and fast retrieval. Billon’s solution is based upon a proprietary next generation Distributed Ledger Technology (DLT) architecture which ensures the integrity and security of data in mass scale implementation ensuring full compliancy with legal regulations. Neither currently available IT solutions such WORM (Write Once Read Many) based platforms nor other IT systems, including those based on blockchain are able to meet the need. Billon’s unique solution for management of contractual relationships which addresses the market segment worth €1.6Bn p.a. of the worldwide market which grows at a CAGR of 81.2%. Upon complementing our solution with active delivery, digital signature and digital identify management, all made with the blockchain, Billon has the potential to seriously decrease operational costs and also bring the unprecedented level of document and privacy control, and validation to people all around the world giving them back control over their personal data.
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Duración del proyecto: 27 meses
Fecha Inicio: 2019-04-24
Fecha Fin: 2021-07-31
Fecha Fin: 2021-07-31
Línea de financiación: concedida
El organismo H2020 notifico la concesión del proyecto el día 2021-07-31
Línea de financiación objetivo
El proyecto se financió a través de la siguiente ayuda:
EIC-SMEInst-2018-2020:
SME instrument
Cerrada
hace 6 años
Presupuesto
El presupuesto total del proyecto asciende a
3M€
Líder del proyecto
BILLON DIGITAL SERVICES SPOLKA Z OGRANICZONA...
No se ha especificado una descripción o un objeto social para esta compañía.
Perfil tecnológico
TRL
4-5
Perfil tecnológico
TRL
4-5
343.84K€ |
Participante