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B4TDM SIGNED

Making Contracts Digital with Civilised Blockchain

Total Cost €

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EC-Contrib. €

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Partnership

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 B4TDM project word cloud

Explore the words cloud of the B4TDM project. It provides you a very rough idea of what is the project "B4TDM" about.

generation    personal    world    unprecedented    agreements    struggling    ec    signature    clients    active    segment    dilemma    grows    cagr    compliancy    operators    billon    platforms    immutable    market    choosing    80    ago    fast    relationships    validation    telco    solution    kyc    mass    era    dlt    digital    medium    privacy    integrity    customer    made    finished    document    data    seriously    6bn    worth    durable    paper    ledger    people    architecture    contractual    blockchain    worldwide    signing    configurable    storage    full    81    awaited    nor    write    insurers    retrieval    complementing    read    documents    utility    meet    signatory    identity    private    decrease    right    answering    back    standardized    worm    dying    giving    proprietary    functionalities    ensures    regulations    revolutionary    contradictory    once    millions    forgotten    distributed    providers    banks    loan       security    invented    solutions    publication   

Project "B4TDM" data sheet

The following table provides information about the project.

Coordinator
BILLON DIGITAL SERVICES SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA 

Organization address
address: UL. ALEJA JANA PAWLA II NR. 29
city: WARSAW
postcode: 00-867
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 Poland [PL]
 Total cost 2˙780˙575 €
 EC max contribution 1˙946˙402 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-05-01   to  2021-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BILLON DIGITAL SERVICES SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA PL (WARSAW) coordinator 1˙946˙402.00

Map

 Project objective

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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The information about "B4TDM" are provided by the European Opendata Portal: CORDIS opendata.

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