Billon Group Receives Grant to Develop COVID-19 Immunity Certificates Utilizing Blockchain

Billon Group has obtained a £50,000 grant to create an immunity certificates platform utilizing distributed ledger know-how (DLT). The funding got here by way of a Quick Begin Competitors by Innovate UK. The aim is to hurry up and assist employees’ return to a secure office. Billon group has raised over $16 million in development capital with its most up-to-date funding spherical going down final March in a Collection A spherical. Billon is an enterprise iteration of DLT that addresses among the shortcomings of different blockchains comparable to pace.

In keeping with a launch, by the tip of August, Billon expects to offer a totally functioning prototype for publishing, sharing, and verifying a big selection of office coaching or medical check paperwork as a back-end system for any firm or governmental issuer of certificates. The privateness of non-public info is anticipated to be assured.

David Putts, Chief Development Officer of Billon, commented on the grant:

“Billon desires to do its half to get staff again to work safely and for the financial system to remain open. With this mission, we wish to encourage corporations and well being organisations to offer correct coaching and testing and to benefit from new blockchain and id administration know-how to equip individuals to show they’ve an genuine certificates — whereas hiding personal knowledge from people who would exploit it. We’d like options that shield individuals and their knowledge. This mission will ship such an answer.”

Billon says the prototype can be a plug-and-play answer that augments any present issuer of a certificates. Corporations will be capable to join their present techniques by way of APIs. Customers would be capable to management their certificates on their cell phones and show them when wanted. Billon explains that public well being organizations might use their system to certify requirements for returning to work. Billon provides that this method is just like different purchasers just like the Polish credit score reporting bureau BIK.

Billon says their answer will use blockchain know-how to ship “immutable, tamper-free options designed to adjust to GDPR and different privateness rules.”

Billon states that it’s certainly one of 800 initiatives chosen from greater than 8,600 functions to the Quick Begin Competitors launched in April by Innovate UK. Grants present know-how and research-focused companies sources to develop new methods to work and different improvements born of the coronavirus pandemic.