EU research boosts privacy and anonymity via cryptographic protocols in distributed ledgers

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.