The European Blockchain Services Infrastructure (EBSI) – a pan-European public sector blockchain backed by the European Commission, EU states, Norway and Liechtenstein – announced that DEUSS plans to use EBSI for issuing SME digital bonds. DEUSS has already secured letters of intent from 210 firms wanting to use the platform for fundraising. EBSI’s key feature is the deployment of verifiable credentials.
However, DEUSS is not your typical startup. It’s more of a consortium led by the Czech Technical University in Prague. The University won a tender issued by the Czech by the Czech Ministry of Industry and Trade (MIT), which is paying the bills. The consortium includes several other universities as well as partners from five other EU countries, Slovakia, Poland, Spain, Greece and Bulgaria, including the small crowdfunding startup CrowdBerry and Spain’s Alastria blockchain ecosystem.
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