After demonstrating the potential of our Relational Blockchain Nebula solution, ChromaWay is one of only three contractors advancing to the final phase.
The European Blockchain Pre-Commercial Procurement (PCP) aims to develop and test novel distributed ledger and blockchain-based solutions capable of ‘going significantly further than what is offered by existing solutions’, in order to deliver improvements to future versions of the European Blockchain Services Infrastructure (EBSI). EBSI aims to deliver EU-wide cross-border public services that meet the highest standards of security and privacy.
In Phase 2A, ChromaWay demonstrated the potential for Relational Blockchain Nebula (RBN) to address two important use cases: Digital Product Passports and Intellectual Property Rights. Based on these efforts, we have been named as one of three contractors to advance into Phase 2B, the longest and most rigorous phase of the process.
“We are honored to be selected for the final phase of the pre-commercial procurement. This achievement is a testament to the excellent work being done by the entire ChromaWay team, work that we are excited to continue pursuing in 2023. We are dedicated to developing blockchain-based solutions and services that contribute to a more transparent and efficient future in the European Union” - Henrik Hjelte, Co-founder & CEO of ChromaWay.
In this phase, ChromaWay will further refine and test its technology to meet a number of technical requirements: high scalability, interoperability, security, quantum resistance, energy efficiency, sustainability and robustness. Phase 2B will be ongoing for 12 months and will result in the development and field testing of stable solutions in virtual and/or real-life settings.
This article is the third article regarding the European Blockchain Services Infrastructure Initiative. You may view our first article on this topic here.