Worldline promotes the second Open Call of the "TruBlo" project by the European Commission, in order to develop solutions that foster trust in Social Networks
The aim of the solution is to provide researchers and companies with funding to create Blockchain solutions that contribute to trust in social media content.
Bezons, 30 August, 2021 - Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, is leading the TruBlo (Trusted Blockchain) project under the European Commission's "Next Generation Internet" initiative, which aims to provide researchers and companies with funding to develop innovative solutions based on Blockchain technology to address the issue of trust in social media content.
In the context of TruBlo and led by Worldline, a consortium of six European partners with different profiles and capabilities has been formed. Among the members of the consortium are the Blockchain experts from Athens University of Technology; ATC, a company specialized in the development of technologies and a specialist in detecting and combating fake news; Deustche Welle, the German public international broadcasting company that provides services in 30 languages; F6S, the world's largest community of startups and SMEs; and ALASTRIA, a Spanish Blockchain infrastructure provider.
Three Open Calls are planned as part of the execution of the international TruBlo project. These can be attended by research teams, SMEs or academic teams interested in developing new tools and solutions that contribute to creating state of the art, trusted and reliable content on social networks and the Internet.
The registration period for the 2nd Open Call was opened on June 14th and will last until September 10 at 12:00 noon. We encourage the participation of all stakeholders interested in deepening their research into solutions that boost trust in social networks and develop their own MVP. (https://www.trublo.eu/apply/)
In the first call held between January 18 and March 11, 2021, 79 proposals were submitted from countries across Europe, from which the 10 best proposals were selected to enter the TruBlo programme. Among the selected teams are mainly SMEs and academic research teams, with proposals focused on the provision of mechanisms that promote the reliability and trustworthiness of content in various areas and with a possible practical application in the near future along with its launch in the current market.
A brief description of the projects selected in the 1st Open Call can be found on the project website. (https://www.trublo.eu/projects/)
Now begins an exciting 9-month journey in which each of the teams, supported by a mentor from the consortium, will start their research tasks using the technological infrastructure provided by TruBlo, as well as the technical support and market orientation services that will enable them to achieve a successful outcome after the end of the TruBlo funding period.
According to Toni Paradell, R&D Manager of Worldline Iberia & TruBlo Project Coordinator: "After the success of Open Call 1 in which we have selected 10 very innovative projects that will receive support and funding from the TruBlo programme over the coming months, we have just opened Open Call 2 for which we hope to receive very innovative proposals based on Blockchain technology that contribute to the trust and reliability of content on social networks and the Internet".
Worldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2020 Worldline generated a proforma revenue of 4.8 billion euros. www.worldline.com
For the implementation of TruBlo, a consortium of six European partners with different profiles and capabilities has been formed. Among the members of the consortium are the Athens University of Technology, experts in Blockchain technology; ATC, a company specialized in the development of technologies and specialist in detecting and combating fake news; Deustche Welle, the German public international broadcasting company that provides service in 30 languages; F6S, the world's largest community of startups and SMEs; and ALASTRIA, a Spanish Blockchain infrastructure provider. The TruBlo project is co-funded by the European Union's Horizon 2020 research and innovation programme (contract No. 957228). https://www.trublo.eu
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