Project description DEENESFRITPL Building a new generation of investment banking services The investment banking industry is going through a wave of transformation fuelled by regulatory changes and a need for higher transparency, security and innovation as well as improved sustainability and cost efficiency. The EU-funded DFS project has set out to validate the technical viability, market acceptance and future market potential of the solution proposed by Swiss company BlockState – a technological and legal platform that uses blockchain technology to provide efficient, transparent and compliant democratised financial services to the financial market. Furthermore, the project aims to validate its business concept and evaluate opportunities for growth in Europe and abroad that are in line with its commercialisation plans. Show the project objective Hide the project objective Objective BlockState is proposing efficient, transparent and compliant democratized financial services forthe financial market using Blockchain technology. DFS is translated through the following innovativeproducts which are driven by decentral IT solutions and connected together via a technology stack:CRYPTO15 (crypto index products), DETI (tokenized debt instrument) and DECEND (a platform for smartcontracts for illiquid derivatives). BlockState will be approaching exchange-traded funds, the bondsmarket, and the derivates market, all of which have experienced continuous growth, both in the EU andworldwide. End-users of the solution are private and institutional investors, to which DFS offers an efficientway to safely track top crypto assets (through CRYPTO15 CTF Token and CTF ETN), banks and otherlenders, for which it supports syndicated loan facility from origination to payoff (through the DETIplatform), and financial institutions, which are enabled by DFS to buy and sell derivatives on the blockchain(through the DECEND platform).BlockState is creating the technological and legal infrastructure for the future of investment banking,through a comprehensive set of investment banking modules based on Blockchain technology; ourproducts are more efficient than the current products creating cost savings, more transparent than thecurrent products reducing risk and fully compliant with the regulatory body and easily accessible.BlockState is a new generation of fintech, offering investment banking on a modular platform build onBlockchain technology. The company is building the world’s leading blockchain investment bank,specializing on DLT- based products for asset management, debt capital markers (DCM), and derivatives.BlockState’s products embody technological excellence, highest regulatory compliance, and over 70 yearsof combined experience in financial services. Fields of science natural sciencescomputer and information sciencessoftwarenatural sciencescomputer and information sciencescomputer securitycryptographysocial sciencessociologygovernancetaxationnatural sciencesbiological sciencesecologyecosystemssocial sciencessociologygovernancecrisis management Programme(s) H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme H2020-EU.3. - PRIORITY 'Societal challenges H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies Topic(s) EIC-SMEInst-2018-2020 - SME instrument Call for proposal H2020-EIC-SMEInst-2018-2020 See other projects for this call Sub call H2020-SMEInst-2018-2020-1 Funding Scheme SME-1 - SME instrument phase 1 Coordinator BLOCKSTATE AG Net EU contribution € 50 000,00 Address Baarerstrasse 10 6302 Zug Switzerland See on map Region Schweiz/Suisse/Svizzera Zentralschweiz Zug 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
