Worldline to lead Trusted Blockchain project
Worldline SA (EPA:WLN), an expert in the area of payment and transaction services, will lead the “TruBlo” (Trusted Blockchain) project in the context of the European Commission’s Next Generation Internet initiative.
The TruBlo project aims to nurture and facilitate research on blockchain technology which will lead to more reliable blockchain based solutions and applications, that will contribute to ensuring the exchange of trustworthy and reliable content on social networks and media. TruBlo will last three years and each of the projects that it will support, if they reach completion, will last a maximum of 15 months.
Three open calls for proposals will be launched as part of the TruBlo project. The first opened on 18 January 2021 and will close on 19 March. Target participants are researchers, innovators and developers either as natural person(s) or from academia as well as from high tech companies, to develop research or pilot projects focusing on the following usage scenarios:
Trust and reputation models on blockchains. This focus area targets innovative applications, technologies, technical approaches and methodologies that increase the levels of trust in blockchain-based information exchange, with emphasis on user generated content on the Internet and social media, considering also data from IoT infrastructures.
Proof-of-validity and proof-of-location. This focus area is on innovative mechanisms to increase transparency and trustworthiness of user generated genuine content. The users, as being part of a blockchain, can apply additional verification mechanisms to increase transparency, validity and high level of trustworthiness, such as Proof- of-Location and Proof-of Validity.
It is estimated that up to 450 proposals will be assessed in three calls for proposals, of which 45 will be partially financed and 9 carried through to completion.