Objective Sedicii Innovations was formalised in December2013 with the objective to commercialise, promote & support innovative methods of authenticating users online (based on 4 years of academic research).Achievements include US Patent,Independent Audit receipt, BT winner, shortlisted with TechCrunch, MasterCard,&others and 2 pilots (BT & Gemalto).We received positive feed back &have identified many opportunities in gaining market/user acceptance.This feasibility study will help further research & address such opportunities/challenges to establish reference clients&users in building a sustainable business.Challenges include:A.Gain paying customers&market creditability through reference users, coupled with independent, endorsementsB.To further finance development of the Sedicii solution to meet with market needs. Sedicii’s method of authenticating a user can be applied to different user authentication needs.These include: a)Single Sign-On Authentication:Market Value of over €1 Billion annually.b)Credit Card Tokenization: Market Value of $5BN annually.c)Identity Verification: Market Value in excess of €5BN annually.Sedicii’s methods will benefit both consumers & suppliers of digital commerce/services.The ability to authenticate a user without the need to store or expose the personal information of the user will provide significant benefits to holders of such data. With the imminent development of new & evolving markets based on the “Internet of Things”, it is expected that over 100BN devices will be connected to the internet in the future, which will require stronger security,authentication to protect personal data.Sedicii expects to achieve 3objectives during the feasibility study:1.Identify targeted customers in defining the Sedicii solution to meet market needs.2.Explore commercial models & secure the regulatory / industry endorsement as part of the launch & commercial efforts.3.Educate/profile to a wider EU audience, including those responsible for data protection/privacy. Fields of science natural sciencescomputer and information sciencesinternetinternet of thingsnatural sciencescomputer and information sciencescomputer securityaccess controlnatural sciencescomputer and information sciencescomputer securitydata protectionsocial scienceseconomics and businessbusiness and managementcommerce Programme(s) H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT) Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) ICT-37-2014-1 - Open Disruptive Innovation Scheme (implemented through the SME instrument) Call for proposal H2020-SMEInst-2014-2015 See other projects for this call Sub call H2020-SMEINST-1-2014 Funding Scheme SME-1 - SME instrument phase 1 Coordinator SEDICII INNOVATIONS LIMITED Net EU contribution € 50 000,00 Address Arclabs research and innovation centre wit west campus WIT West Campus, Car Carriganore waterford Ireland See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Ireland Southern South-East Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 21 429,00
