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Greek research institute is looking for commercial and industrial entities interested in sourcing blockchain R&D services

Country of Origin: Greece
Reference Number: TOGR20180907001
Publication Date: 7 September 2018


A Greek research institute is offering it's expertise and tools for blockchain. The institute could satisfy the needs of companies or other researchers for acquiring blockchain services in several application areas. The main advantage of the offering is the deep knowledge of the topic as well as the ability to provide specialized and integrated services.The institute is looking those recipients for technical or research cooperation agreements.


A Greek institute has expertise in developing blockchain solutions acquired from research work conducted over several research and commercial projects. The institute is within a successful Greek research center, renowned in European level, with more than 250 researchers.  

A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. By design, a blockchain is resistant to modification of the data. It is an open, distributed ledger that can record transactions between parties efficiently and in a verifiable and permanent way. The Greek research institute is working on Distributed Ledger Technologies (DLT) such as blockchains.

The Greek institute has gained extensive experience via the participation in several H2020 research projects but also with private contracts with SMEs and the industry. There is substantial competence in several applications areas. Mentioning briefly some of them. Blockchain in Health, in IoT, in Energy sector, for supply chains, circular economy, mobile wallets implementation, ERC20 (a technical standard used for smart contracts on the blockchain for implementing tokens) token creation, ICO (Initial Coin Offering) processes and implementation of advanced blockchain solutions in embedded devices.

Taking the research findings a step further, the Greek institute has developed a Blockchain-as-a-Service platform (BaaS). This platform is based on the Ethereum framework (a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference) and is focused currently on private and consortium chains, via the use of smart contracts. In this way it leverages digital identity, permission & consent handling, automated settlements in view of enhancing personal data security as well as automating processes. The platform can be adapted to use the Hyperledger Sawtooth framework if this is required.

The platform is developed via a core dedicated team of 5 research associates with expertise in parallel/distributed systems and decentralized architectures, cryptography and blockchain smart contract development. Under the supervision and direction of two scientific advisors, the team is aided by several other research associates active in the mentioned H2020 research projects, to which they contribute in the architectural and development phases.

The institute is looking for private entities, SMEs or industrial entities. The types of collaboration could be the technical or research cooperation agreements. In both cases, the institute will provide research or development services in developing tailored blockchain solutions.

Advantages and Innovations

The offering of the Greek institute is a Blockchain-as-a-Service (BaaS) one. This allows external platforms to use functionalities listed below logged in the blockchain as immutable transactions: 

1. User registration (Login/Logout)
2. Users can request permission to access another user’s data
3. Users can grant permissions to other users to access their data
4. Users can update the permissions granted to third parties to access their data
5. Consent forms can be signed or consent can be revoked at any time by users

This logging ensures traceability and accountability as regards the handling of user data. Unlike other systems based on storing user data on the blockchain, BaaS is different since it stores only permission management information on the blockchain rather than the data per se, i.e. the blockchain storage in this system refers to user metadata only.

Main advantages of the offering are:

• Since external platforms that integrate with BaaS are not required to be blockchain nodes, integration with BaaS can be done with minimum integration overhead from the part of the platforms.
• BaaS solution is not tailored to one domain; rather it can have application to several domains, e.g. energy consumption, IoT device identification, supply chain product identification, avoid counterfeiting, ownership rights, transaction monitoring and so on.
• BaaS can be provided as a turn-key solution to interested entities, unlike major providers in this field
• BaaS can be tailored to requirements in terms of services, smart contracts, blockchain protocol used.

Stage Of Development

Available for demonstration

Requested partner

The Greek institute is interested in private entities, SMEs or industrial entities. The types of collaboration interested are the technical or research cooperation agreements. In both cases, the institute will provide research or development services in developing, but not limited to, tailored blockchain solutions. It can support a variety of projects ranging from strictly blockchain based applications to extended projects were blockchain stands at their core offering. The institute has over 250 researchers that can cover virtually any requirement including expertise in machine learning, A.I. technologies, big data handling and visualisation etc.

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