Project description
Securing sensitive digital data
In an age where digitalisation is a big part of our everyday life, protecting against cyberthreats is vital. The dissemination of digitalisation does not mitigate the threat that cybercrime represents for the digital industry. Data breaches and the theft of cryptocurrencies have devastating effects on the markets and new businesses dealing with advanced technology. The EU-funded ARCAone project will prepare a hardware and software solution offering secure digital execution and storage for commercialisation. The solution provides protection in various data resources such as cryptocurrencies, cryptographic keys and other sensitive data. It adopts existing security models, supports sophisticated security protocols and abides with regulatory demands.
Objective
The need to improve data protection has only grown in the past years, fuelled by a large number of high-profile cybercrimes that involved taking over digital assets. One of the most significant data breaches has been the successful theft of 143m customer records from a consumer credit reporting agency Equifax (US)—a cybercrime with devastating consequences due to the type of personally identifiable information stolen & its knock-on effect on the credit markets. Impact on the new businesses dealing with novel technology is even more devastating. The largest cryptoexchange Mt. Gox (JP) went bankrupt in 2014 because of an attack that resulted in $473m of cryptocurrencies stolen, greatly damaging public perception of cryptocurrencies & blockchain-related companies.
We have developed ARCAone—a combined hardware & software solution that provides a secure execution & storage environment for various digital assets (from tokens & cryptocurrencies to cryptographic keys & other sensitive data). ARCAone is a highly secure environment that adheres to the existing security standards, supports state-of-the-art security protocols & complies with regulatory requirements. It offers a broad range of functionality & is future-proof.
Since our foundation in May 2018 we have raised €1.4m & earned €246,000 in beta sales. Our team members have worked on the most secure software such as OpenBSD & OpenSSH.
We will commercialize ARCAone platform through vertical applications built on top of it—we are building the 1st applications ourselves & will involve 3rd party developers for the others. This will allow us to focus on the ARCAone SDK & application marketplace while achieving the scale through 3rd party applications. We will start with the financial segment & IoT, then move to cloud services & other segments.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences internet internet of things
- natural sciences computer and information sciences software
- natural sciences computer and information sciences computer security data protection
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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.
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.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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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.
1015 Lausanne
Switzerland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.