Project description
On the path towards a decentralised internet
Data – and therefore power – is concentrated in the hands of a few global data aggregators, data mining systems that combine personal data from multiple sources, process the data for insight and summarise that aggregate data for a variety of end-users. A decentralised system would level the playing field, and Europe’s plan for a Next Generation Internet includes decentralised data governance harnessing distributed ledger technology. This uses independent computers or nodes to record, share and synchronise transactions rather than keeping data centralised. The EU-funded LEDGER project is promoting distributed ledger technology to ensure data sovereignty through the selection and funding of the 34 most promising relevant projects in 6 specific verticals.
Objective
LEDGER ensures data sovereignty and eliminates concentration of data in a few proprietary platforms by accelerating 34 bottom-up experiments on human-centric values (privacy-by-design, reliability, trustworthiness and openness as core values) and 6 verticals (Health, Finance, Media, Public Services and Energy plus a generic one 'Open Disruptive Innovation).
LEDGER will overcome Non-technological (Admin burden, Searching costs, bias in grant distribution, lack of use cases, User awareness, Access to Finance, Lock-in, Entrepreneurial Discovery and Regulation gap) and Technological barriers (Lack of Standards, lack of playground environments and Access to knowledge).
LEDGER´s architecture relies in Mission-oriented, Market pull, Entrepreneurial discovery, Smart funding and Open-Technology.
LEDGER will build on EC projects related to data governance: DECODE, D-CENT and PIE NEWS. 400 teams will be activated to develop the best applications that will run through a Minimum Viable Product Builder including mentoring and access to the Distributed Ledger Technology from DEVUAN.org.
Up to 200k euros for the best teams will get startups ready for Venture Capital, pre-Initial Coin Offering and/or crowdfunding.
LEDGER partners complete the community building, discovery, tech transfer and sustainability cycle. FundingBox - European leader in Financial Support to Third Parties will attract startups from its 15.000 members platform. DYNE will bring researchers and developers from its 10.000 members. Blumorpho will engage Researchers (7.200) Entrepreneurs (7.400) and investors (800) to guarantee sustainability. Linking with other ecosystem this ads to 110.000 people incl. 60% of potential Human Centric Innovators. 80 evaluators and 40 State-of-the-Art experts will develop alternative models that preserve wealth created by data-driven platforms that is equally distributed.
LEDGER will transform Europe into the world leading human centric and data sovereign Entrepreneurial Union.
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
- natural sciences computer and information sciences computer security data protection
- natural sciences computer and information sciences computer security network security
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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.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
MAIN PROGRAMME
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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.
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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-ICT-2018-20
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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.
02-676 WARSZAWA
Poland
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.