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CRITICAL-CHAINS SIGNED

IOT- & Blockchain-Enabled Security Framework for New Generation Critical Cyber-Physical Systems In Finance Sector

Total Cost €

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EC-Contrib. €

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Partnership

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 CRITICAL-CHAINS project word cloud

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

fintech    validated    model    acceptance    internet    inefficient    insurance    truly    political    usability    banking    predictive    authorisation    intelligence    enabled    stakeholders    cumbersome    cyber    chemistry    layers    accessible    distributed    biometric    certs    preserving    social    rest    insurnace    symmetric    illicit    trafficking    operations    irregular    inclusive    illegal    cryptography    expertise    environmental    random    critical    chains    multilateral    smart    impractical    ccps    protect    contracting    innovative    obstacles    fast    contexts    privacy    compliance    service    delivers    customers    mining    analytrics    supporting    infrastructures    money    transactions    reliability    accountability    blockchain    physical    hardware    semantic    unaccountable    scrutiny    economy    bridging    network    utilising    tranasctions    constitute    world    hsm    hybrid    accountable    checking    comprising    secure    keyless    iot    triangular    framework    sector    contracts    module    signature    financial    flows    aligned    threat    generation    infrastructure    integrity    market    threats    respresents    ethical    solution    fraud    cloud    transaction    banks    security    geo    inter    sectors    data    stack    authentication   

Project "CRITICAL-CHAINS" data sheet

The following table provides information about the project.

Coordinator
THE UNIVERSITY OF READING 

Organization address
address: WHITEKNIGHTS CAMPUS WHITEKNIGHTS HOUSE
city: READING
postcode: RG6 6AH
website: http://www.rdg.ac.uk

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 United Kingdom [UK]
 Total cost 4˙985˙547 €
 EC max contribution 4˙182˙154 € (84%)
 Programme 1. H2020-EU.3.7.6. (Ensure privacy and freedom, including in the Internet and enhance the societal, legal and ethical understanding of all areas of security, risk and management)
2. H2020-EU.3.7.4. (Improve cyber security)
 Code Call H2020-SU-DS-2018
 Funding Scheme IA
 Starting year 2019
 Duration (year-month-day) from 2019-07-01   to  2022-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    THE UNIVERSITY OF READING UK (READING) coordinator 696˙625.00
2    FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V. DE (MUNCHEN) participant 503˙500.00
3    JOANNEUM RESEARCH FORSCHUNGSGESELLSCHAFT MBH AT (GRAZ) participant 453˙750.00
4    EY ADVISORY SPA IT (MILANO) participant 415˙625.00
5    COMMISSARIAT A L ENERGIE ATOMIQUE ET AUX ENERGIES ALTERNATIVES FR (PARIS 15) participant 372˙445.00
6    ERGUNLER INSAAT PETROL URUNLERI OTOMOTIV TEKSTIL MADENCILIK SU URUNLER SANAYI VE TICARET LIMITED STI. TR (ISPARTA) participant 332˙106.00
7    STICHTING IMEC NEDERLAND NL (EINDHOVEN) participant 281˙250.00
8    POSTE ITALIANE - SOCIETA PER AZIONI IT (ROMA) participant 249˙375.00
9    GUARDTIME AS EE (TALLINN) participant 234˙396.00
10    NETAS TELEKOMUNIKASYON ANONIM SIRKETI TR (ISTANBUL) participant 223˙956.00
11    INDRA SISTEMAS SA ES (ALCOBENDAS MADRID) participant 222˙250.00
12    RINA CONSULTING SPA IT (GENOVA) participant 196˙875.00

Map

 Project objective

Irregular and unaccountable transactions, cyber threats, non-user-friendly inefficient or impractical banking processes, complex contracting procedures and cumbersome financial market and insurance infrastructures constitute obstacles to European open market development. CRITICAL-CHAINS delivers a novel triangular accountability model and integrated framework supporting accountable, effective, accessible, fast, secure and privacy-preserving financial contracts and transactions to protect against illicit tranasctions, illegal money trafficking and fraud on FinTech e-operations. This is an innovative cloud-based “X-as-a Service” solution stack including several layers: 1) Data integrity checking by involving financial institutions in the distributed Blockchain network; 2) Transaction and financial data flows analytrics, modelling and mining; 3) Threat Intelligence & Predictive Modelling for Inter-Banks and Internet Banking, insurnace and financial market infrastructures; 4) Multilateral Biometric-based and Role-based Authorisation & Authentication; 5) Hardware Security Module (HSM) enabled Cyber-Physical Security, embedded systems & IoT security for secure access using Security-Privacy-Contexts Semantic Modelling; 6) Secure and smart use of Blockchain based on keyless signature infrastructure and hybrid (a)symmetric cryptography utilising truly random key generation. CRITICAL-CHAINS is to be validated within 4 case studies aligned with 3 critical sectors: banking, financial market infrastructures and the insurance sector. This will evaluate system reliability, usability, user-acceptance, social, privacy, ethical, environmental and legal compliance by scrutiny of the geo-political and legal framework bridging the European economy with the rest of the world. The Consortium respresents a strong chemistry of relevant expertise and an inclusive set of stakeholders comprising end-users (customers), CERTS, the financial sector (Banks & CCPs) and the Insurance sector

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The information about "CRITICAL-CHAINS" are provided by the European Opendata Portal: CORDIS opendata.

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CRITICAL-CHAINS (2019)

IOT- & Blockchain-Enabled Security Framework for New Generation Critical Cyber-Physical Systems In Finance Sector

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