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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.

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

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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