Summary
Blockchain and DLTs have a limitless potential for use cases across all industries. They streamline business processes and offers a great potential for reducing costs and complexity, offering high level of transparency and trustworthiness. Despite of the potential benefits, their uptake is low, even more among the SMEs, making the transition to DLTs slow and arduous due to: -Sectors in which DLTs make sense, besides fintech, are those in which existing traditional SMEs do not have enough knowledge on how DLTs work nor their potential uptake. -Traditional SMEs (and stakeholders in general) need to be sensitized to uptake the technology in their verticals. Lack of knowledge makes them reluctant to technological changes. -A regulatory framework should foster the uptake and prevent from fraudulent actions. Uncertain regulation limits companies’ scope of action and imply a risk for their growth. To overcome it, BLOCKCHERS’ concept aims at: -funding up to 30 tech-based SMEs in 2 open calls, providing real use cases implementation engaging at least 30 traditional SMEs (end users uptaking DLTs with a technology provider) -providing training, team work sessions and community building activities, to achieve a better understanding and acceptance of DLTs among SMEs. -mapping & monitoring relevant initiatives to build a community to solve the information gap between regulators and DLT developers, providing recommendations for policy action as a way to create a smart regulation in the EU. 4 top-skilled organisations gather to address these challenges: ZABALA, coordinator and expert on cascade-funding and innovation services provision to SMEs EU-wide. Innomine, expert on acceleration and piloting/use cases in the CEE market for the DIHs. Frankfurt School Blockchain Center (FSBC), recognized expert on providing DLTs training and organizing major events on blockchain. Alastria, the first public-permissioned Spanish DLT network promoted by corporations, available for BLOCKCHERS.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/828840 |
| Start date: | 01-02-2019 |
| End date: | 31-01-2021 |
| Total budget - Public funding: | 1 500 000,00 Euro - 1 500 000,00 Euro |
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Original description
Blockchain and DLTs have a limitless potential for use cases across all industries. They streamline business processes and offers a great potential for reducing costs and complexity, offering high level of transparency and trustworthiness. Despite of the potential benefits, their uptake is low, even more among the SMEs, making the transition to DLTs slow and arduous due to: -Sectors in which DLTs make sense, besides fintech, are those in which existing traditional SMEs do not have enough knowledge on how DLTs work nor their potential uptake. -Traditional SMEs (and stakeholders in general) need to be sensitized to uptake the technology in their verticals. Lack of knowledge makes them reluctant to technological changes. -A regulatory framework should foster the uptake and prevent from fraudulent actions. Uncertain regulation limits companies’ scope of action and imply a risk for their growth. To overcome it, BLOCKCHERS’ concept aims at: -funding up to 30 tech-based SMEs in 2 open calls, providing real use cases implementation engaging at least 30 traditional SMEs (end users uptaking DLTs with a technology provider) -providing training, team work sessions and community building activities, to achieve a better understanding and acceptance of DLTs among SMEs. -mapping & monitoring relevant initiatives to build a community to solve the information gap between regulators and DLT developers, providing recommendations for policy action as a way to create a smart regulation in the EU. 4 top-skilled organisations gather to address these challenges: ZABALA, coordinator and expert on cascade-funding and innovation services provision to SMEs EU-wide. Innomine, expert on acceleration and piloting/use cases in the CEE market for the DIHs. Frankfurt School Blockchain Center (FSBC), recognized expert on providing DLTs training and organizing major events on blockchain. Alastria, the first public-permissioned Spanish DLT network promoted by corporations, available for BLOCKCHERS.Status
CLOSEDCall topic
INNOSUP-03-2018Update Date
27-10-2022
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