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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.

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

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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