Luxembourg

Kicking-off TOKEN

token

TOKEN is a project funded by the EU Horizon 2020 programme. TOKEN is an acronym for “Transformative Impact Of BlocKchain tEchnologies iN Public Services”. The project is developed by a consortium comprising 11 entities from 8 EU member States, including Infrachain. The total funding allocated to TOKEN is EUR 3,78 mio.

The project aims at developing an experimental ecosystem to enable the adoption of Distributed Ledger Technologies (DLT) as a driver for the transformation of public services towards an open and collaborative government approach. TOKEN focuses on four highly replicable use cases that are common to many Public Governments across Europe: public funding distribution; management of public accounts; urban logistics; valorisation of data.

Infrachain engages in TOKEN through its members itrust consulting, KYC3, LIST, Net Service, Scorechain, EY, InTech, The Blockchain Academy® as well as the University of Luxembourg’s SnT, who is in charge of coordination.

The project started in January with a kick-off meeting in Berlin. The first months were very busy for Infrachain as our organization was in charge of organising the first event of the consortium, a bootcamp. Initially planned as a physical meeting in Luxembourg, the bootcamp took place in virtual mode on 29th and 30th April. Over 30 participants attended the event. SnT was leading the overall organization with the support of consortium member IMEC, the world’s-leading research and innovation hub in nanoelectronics and digital technologies based in Belgium.

SnT’s Matts Brorsson commented: “TOKEN will implement use cases in Belgium, Greece, Poland and Spain. The bootcamp aimed to create a common ground of knowledge for all the partners and to get the four use case owners ready for the next steps. As TOKEN will rely on the EBSI, the European Blockchain Services Infrastructure, we were excited to have a presentation from the European Commission. The parallel workshops with the use case owners moderated by IMEC were very interactive and provided a great platform to exchange on everyone’s expectations and objectives.”

Wim Stalmans of the Blockchain Academy® provided a crash course on blockchain. He said: “Blockchain is a pardigm shift. Before implementing a project, you must properly understand the potential and impact of blockchain as they are well beyond technical considerations.”

KYC3’s Jed Grant intervened as technical mentor. He will assist use case owners throughout the project duration with its in-depth expertise of blockchains and other DLTs.

LIST is in charge of drafting the bootcamp report. “Our report will be a fundamental tool for use case owners. It will include guidelines on how to properly prepare for the next steps“, said Thierry Grandjean, research engineer at LIST and Infachain Technical Lead.

If you are interested in TOKEN and DLT for the public sector, join the TOKEN community and contribute to the discussion: https://spaces.fundingbox.com/c/dlt4gov. Other means to interact with TOKEN are social media via Twitter (@TOKEN_EU) and LinkedIn or simply go to the project web site for more information: https://www.token-project.eu.