Description of the Project
The overall objective of the project is to enhance the protection of financial infrastructure against illegal money and fraud by creating a holistic and adaptable framework that includes customers and financial authorities in an innovative triangular accountability model based on Blockchain technology. The framework will be validated in several sectors: banking, financial market institutions, insurance and toll highways. The solutions will rely on the following principles:
- Accessibility from anywhere and anytime by enabling mobile banking/insurance and IoT
- Data integrity and privacy by blockchain-enabled services
- Accountability by adding financial authorities actively within end-to-end financial e-operations for the sake of wider acceptance and against financial crime
- Holistic Security of Financial Critical Infrastructures at all levels by enabling cyber-physical security
Industrial Partners
Indra's Role
Indra provides a transport use case to test the application of the framework and blockchain technology in the financial transactions linked to backoffice systems of toll highways. The solution is expected to improve integrity and traceability of transportation data and financial transactions, assuring trustworthiness of data among interoperable highway concessions, and in case of financial audits.
Furthermore, Indra will lead the work package in charge of system integration and validation in the various pilots.
Universities and Technology centres
Technologies used
Indra will integrate within its backoffice solution technologies such as:
- Cybersecurity platform based on cloud · Blockchain
- Authenticaton and Authorisation and biometric authentication
- Cryptographic backend and key generation
- Data and information Security and privacy preservation using Hardware Security Module (HSM)
More information
This project, under reference nº H2020-833326, has been funded through the Horizon 2020 Programme of the European Commission, in the call H2020-SU-DS-2018-2019-2020 (Secure Societies - Digital Security) and under the topic SU-DS05-2018-2019.
ONU Sustainable Development Goals:
