Polish Accelerator of Blockchain TechnologyProject aimed at solving important social and economic problems of public institutions in Poland co-financed by the National Research and Development Centre. The total value of the project is 2.8 million euro.
Blockchain is a data-based technology and a transaction system at the same time. It solves the problem of lack of confidence – since this technology has a high level of cybersecurity.
There is no possibility to counterfeit the relations among units and nobody could hack its cryptographic security.
Blockchain can connect devices and make the base for creating “Internet of Things” (IoT) economy.
Blockchain was first used in 2009 for accounting transactions using a cryptocurrency named Bitcoin.
Since that time, hundreds of types of blockchains have been created. One of the most original blockchains is Ethereum, which allows for the so-called smart contracts.
Were set up around the world.
Estonia – many blockchain applications in the area of e-government and e-health.
GuardTime signed a strategic agreement with European Organization of Security in 2016. The EU will invest €450 million in a call for proposals to “innovative solutions for cybersecurity”.
According to the World Economic Forum, blockchain will be one of the most important technologies for the future of banking field (payments, insurance, loans and deposits, acquisition of capital and investment management).”.
Interestingly, the 70 biggest bank and firm consortium in the world (among others: Barclays, Goldman Sachs, JP Morgan, Deutsche Bank, Santander) founded R3CEV company that works on its own blockchain.
Blockchain accelerators around the world
More about accelerators around the world...
· Dubai –Dubai Future Accelerators;
· “Big four” (Deloitte, EY, KPMG and PwC) met to consider a blockchain consortium
· KPMG Australia –FinTech Accelerator mLabs,
· Singapore – UOB launched an accelerator among others concentrated on blockchain (smart contracts) in banking; IBM announced launching Blockchain Innovation Centre in Singapore in July 2016;
· Holland – the government announced the concept of a blockchain campus; it was supposed to be launched by Bank of Holland in September 2016;
· United Kingdom – Bank of England announced launching FinTech specializing in BC applications;
· Switzerland – cryptocurrencies and blockchain (Ethereum, Xapo) are settling in the area of Crypto Valley Zug;
· Estonia – many blockchain applications in the area of e-government and e-health. GuardTime signed a strategic agreement European Organization of Security in 2016. The EU will invest €450 million in a call for proposals to “innovative solutions for cybersecurity”.