Summary
The need to improve data protection has only grown in the past years, fuelled by a large number of high-profile cybercrimes that involved taking over digital assets. One of the most significant data breaches has been the successful theft of 143m customer records from a consumer credit reporting agency Equifax (US)—a cybercrime with devastating consequences due to the type of personally identifiable information stolen & its knock-on effect on the credit markets. Impact on the new businesses dealing with novel technology is even more devastating. The largest cryptoexchange Mt. Gox (JP) went bankrupt in 2014 because of an attack that resulted in $473m of cryptocurrencies stolen, greatly damaging public perception of cryptocurrencies & blockchain-related companies.
We have developed ARCAone—a combined hardware & software solution that provides a secure execution & storage environment for various digital assets (from tokens & cryptocurrencies to cryptographic keys & other sensitive data). ARCAone is a highly secure environment that adheres to the existing security standards, supports state-of-the-art security protocols & complies with regulatory requirements. It offers a broad range of functionality & is future-proof.
Since our foundation in May 2018 we have raised €1.4m & earned €246,000 in beta sales. Our team members have worked on the most secure software such as OpenBSD & OpenSSH.
We will commercialize ARCAone platform through vertical applications built on top of it—we are building the 1st applications ourselves & will involve 3rd party developers for the others. This will allow us to focus on the ARCAone SDK & application marketplace while achieving the scale through 3rd party applications. We will start with the financial segment & IoT, then move to cloud services & other segments.
We have developed ARCAone—a combined hardware & software solution that provides a secure execution & storage environment for various digital assets (from tokens & cryptocurrencies to cryptographic keys & other sensitive data). ARCAone is a highly secure environment that adheres to the existing security standards, supports state-of-the-art security protocols & complies with regulatory requirements. It offers a broad range of functionality & is future-proof.
Since our foundation in May 2018 we have raised €1.4m & earned €246,000 in beta sales. Our team members have worked on the most secure software such as OpenBSD & OpenSSH.
We will commercialize ARCAone platform through vertical applications built on top of it—we are building the 1st applications ourselves & will involve 3rd party developers for the others. This will allow us to focus on the ARCAone SDK & application marketplace while achieving the scale through 3rd party applications. We will start with the financial segment & IoT, then move to cloud services & other segments.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/888406 |
| Start date: | 01-12-2019 |
| End date: | 31-03-2020 |
| Total budget - Public funding: | 71 429,00 Euro - 50 000,00 Euro |
Cordis data
Original description
The need to improve data protection has only grown in the past years, fuelled by a large number of high-profile cybercrimes that involved taking over digital assets. One of the most significant data breaches has been the successful theft of 143m customer records from a consumer credit reporting agency Equifax (US)—a cybercrime with devastating consequences due to the type of personally identifiable information stolen & its knock-on effect on the credit markets. Impact on the new businesses dealing with novel technology is even more devastating. The largest cryptoexchange Mt. Gox (JP) went bankrupt in 2014 because of an attack that resulted in $473m of cryptocurrencies stolen, greatly damaging public perception of cryptocurrencies & blockchain-related companies.We have developed ARCAone—a combined hardware & software solution that provides a secure execution & storage environment for various digital assets (from tokens & cryptocurrencies to cryptographic keys & other sensitive data). ARCAone is a highly secure environment that adheres to the existing security standards, supports state-of-the-art security protocols & complies with regulatory requirements. It offers a broad range of functionality & is future-proof.
Since our foundation in May 2018 we have raised €1.4m & earned €246,000 in beta sales. Our team members have worked on the most secure software such as OpenBSD & OpenSSH.
We will commercialize ARCAone platform through vertical applications built on top of it—we are building the 1st applications ourselves & will involve 3rd party developers for the others. This will allow us to focus on the ARCAone SDK & application marketplace while achieving the scale through 3rd party applications. We will start with the financial segment & IoT, then move to cloud services & other segments.
Status
CLOSEDCall topic
EIC-SMEInst-2018-2020Update Date
27-10-2022
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