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Multi-layered Security technologies to ensure hyper connected smart cities with Blockchain, BigData, Cloud and IoT

Project description

A new era of connectivity and services

Traditional IoT architectures that are centred around IoT/cloud convergence have limitations when it comes to supporting various applications and business models. In this context, the EU-funded M-Sec project will introduce a highly decentralised paradigm, empowering IoT stakeholders to develop, deploy and operate innovative applications. M-Sec will focus on semantically interoperable interactions between objects and people, promoting peer-to-peer exchanges beyond simple information sharing. The project’s key outcomes include a robust and trusted IoT infrastructure, an open IoT market for value exchange, a sustainable ecosystem for stakeholders, and a replicable model ensuring a return on investment. With M-Sec, smart cities can thrive, ushering in a new era of connectivity and services.

Objective

IoT systems today tend to be built around the concept of IoT/cloud convergence, integrating heterogeneous data streams within cloud infrastructures, and thus benefiting from the scalability, performance and capacity of the cloud. This approach is very efficient for some IoT applications such as big data processing problems. However, these architectures promote a centralized data collection and processing approach, which introduces several limitations in terms of supported applications and business models that they enable.
The main goal of M-Sec project is to empower IoT stakeholders to develop, deploy and operate novel IoT applications based on a scalable highly decentralized paradigm, which facilitates incentivized peer-to-peer interactions between objects and people. The project will explore semantically interoperable interactions between people/objects according to a given social context, beyond their simple peer-to-peer information exchange and internetworking. Overall, the M-Sec paradigm will enable the introduction and implementation of specific classes of applications and services that are not efficiently supported by state-of-the-art architectures.
The M-Sec project will deliver a set of concrete and added value main results:
1. M-Sec distributed, self-organized, robust and trusted IoT infrastructure that empowers IoT stakeholders to develop, deploy and operate novel multipurpose IoT applications for smart cities on top of smart objects.
2. An open IoT market of applications, data and services that provides the framework upon which objects and people can exchange value and defines the motivation incentives for humans and smart objects to interact.
3. A sustainable ecosystem of stakeholders, roles, tools and infrastructures upon which new entrants and other players can build and experiment with the future application services.
4. A parameterized model on how to replicate the M-Sec approach further and guarantee its return of investment and benefits.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

RIA - Research and Innovation action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EUJ-2018

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Coordinator

WORLDLINE IBERIA SA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 358 750,00
Address
CALLE JULIAN CAMARILLO, 29C-31, EDIFICIO O PLANTA3A
28037 MADRID
Spain

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Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 358 750,00

Participants (5)

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