CRITICAL-CHAINS SIGNED
IOT- & Blockchain-Enabled Security Framework for New Generation Critical Cyber-Physical Systems In Finance Sector
Total Cost €
0EC-Contrib. €
0Partnership
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Explore the words cloud of the CRITICAL-CHAINS project. It provides you a very rough idea of what is the project "CRITICAL-CHAINS" about.
Project "CRITICAL-CHAINS" data sheet
The following table provides information about the project.
| Coordinator |
THE UNIVERSITY OF READING
Organization address contact info |
| 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.
| # | ||||
|---|---|---|---|---|
| 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.