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Blocknetwork SIGNED

Blocknetwork - Fusing Big Data and Implementing Novel Cyber Security Solutions

Total Cost €

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EC-Contrib. €

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Partnership

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 Blocknetwork project word cloud

Explore the words cloud of the Blocknetwork project. It provides you a very rough idea of what is the project "Blocknetwork" about.

15    map    handling    overriding    ict    business    economic    2017    solution    society    secure    self    integrate    revenues    data    public       cagr    feasibility    infrastructure    bn    components    placing    fewer    solutions    scheme    vulnerabilities    science    analyzing    schemes    grow    simpler    risk    mill    force    near    instructions    private    blocknetwork    faster    services    commercialization    model    critical    believes    opportunity    constant    analytics    larger    2020    dataunitor    demonstrations    distributed    detection    structures    trl    age    cryptographic    2019e    stakeholders    security    market    evolutionary    organization    sophisticated    flexible    logical    revenue    full    surpass    extract    additional    10    cyber    big    advantages    blockchain    fusing    provider    extension    driving    transactions    b2b    dependent    entire    collecting    2022e    medium    11    volumes    210    proprietary    track    133    lightweight    sources    fast    gain    discovery    competitive    modules    independently    flowing    digital    global    fusion    petabytes    idc    transferring    enterprises    151    fuses   

Project "Blocknetwork" data sheet

The following table provides information about the project.

Coordinator
DATAUNITOR AS 

Organization address
address: IPARK PROFESSOR OLAV HANSSENS VEI 7
city: STAVANGER
postcode: 4021
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Norway [NO]
 Project website http://www.dataunitor.com/products-services/ephesus/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-09-01   to  2019-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    DATAUNITOR AS NO (STAVANGER) coordinator 50˙000.00

Map

 Project objective

Data science is a driving force in today's information age. As per IDC, global revenues for Big Data and business analytics will grow from $bn 151 in 2017 to more than $bn 210 in 2020, a CAGR of 11.9%. The constant discovery of vulnerabilities in ICT components, applications, services and systems is placing the entire digital society at risk. As private and public stakeholders are becoming increasingly dependent on critical cyber-infrastructure, new solutions are needed to increase detection and response capabilities. Collecting, transferring, processing, analyzing and eventually fusing Big Data remains a complex R&D topic for even the most advanced organization. Those that can surpass the challenges and extract business value will gain significant competitive advantages. Distributed data fusion based on DataUniTor’s Blocknetwork scheme enables a highly secure but still “lightweight” solution capable of handling flowing petabytes (10^15) of data. Blocknetwork is DataUniTor’s unique implementation of blockchain schemes. DataUniTor believes that a self-organized cryptographic Blocknetwork with an evolutionary extension model is the next logical step for blockchain to track complex transactions. The Blocknetwork fuses data sources while also offering additional security features - handling larger volumes, taking fewer instructions and providing a simpler and faster response. The proprietary solution can integrate modules independently of the product provider, allowing for highly flexible structures. Based on technology demonstrations, we assess to be at TRL 6. The overriding objective of the Feasibility Study is to map out the full development and commercialization of the Blocknetwork scheme. We will analyse the technical and economic feasibility of achieving a fast market uptake to exploit a near-term € 133 mill. business opportunity (revenue 2019E-2022E) based on targeting sophisticated medium to large private and public enterprises (B2B).

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The information about "BLOCKNETWORK" are provided by the European Opendata Portal: CORDIS opendata.

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