Last week, the Billon Group announced it won a £50,000 ($62,000) grant from Innovate UK to build a blockchain solution for storing COVID-19 certificates. The startup, backed by payments giant FIS, aims to release a prototype by August-end, which would allow sharing and verifying test reports or immunity certificates as well as workplace training certificates related to COVID-19 procedures.
Innovate UK provided £20 million ($25m) in funding to develop solutions to fight the coronavirus as part of its Fast Start Competition and Billon was one of 800 successful applicants.
Businesses and governments are still coping with the effects of the COVID-19 pandemic, and they are exploring technology solutions to return to normal and restart the economy. Billon aims to address three main problems — prove training and medical test claims, ensure data privacy of users, verify the authenticity of certificates with minimal contact.
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