Led by IBM and Guardtime the PRIViLEDGE project received 4,5 mln € of funding from the EU’s Horizon 2020 programme to research cryptographic protocols which support privacy and anonymity in distributed ledgers.
PRIViLEDGE realises cryptographic protocols supporting privacy, anonymity, and efficient decentralised consensus for distributed ledger technologies. The project brings together several European key players in cryptographic research, fintech and blockchain domains with the aim to push the limits of cryptographic protocols for privacy and security. Results from PRIViLEDGE are demonstrated through four ledger-based solutions in: (1) verifiable online voting; (2) contract validation and execution for insurance; (3) university diploma record ledger; and (4) update mechanism for stake-based ledgers.
The project kicked off
in January 2018 and is due to last for 3 years. The consortium is a strong
combination of academia and industry. PRIViLEDGE consortium partners are Guardtime
AS (Estonia), IBM Research (Switzerland), University of Edinburgh (United
Kingdom), Technical University of Eindhoven (Netherlands), University of
Salerno (Italy), University of Tartu (Estonia), Smartmatic-Cybernetica Centre
of Excellence for Internet Voting OÜ (Estonia).
In June 2018 the consortium gathered for the first technical meeting in Tallinn, Estonia.