Main Content

What does blockchain technology contribute to the business?

  • Cost savings
  • Improved efficiency
  • Greater transparency and traceability of information
  • Improved cybersecurity and cyber resilience
  • Greater error tolerance
  • Value exchange through digital assets

Objectives

  • To promote collaboration between businesses in order to foment blockchain projects in the all sector.
  • To improve business competition and contribute to technological development.
  • To establish mechanisms to facilitate blockchain learning and knowledge transfer.
  • To collaborate with regulatory bodies to raise awareness and validate the technological developments.
  • To develop technology that strictly complies with the regulations in force (GDPR, PSD2, EIDAS, etc.)
qubist Consorcio Blockchain España

Consortium timeline

  1. June 2016

    Blockchain research

    Awareness and development of white paper

  2. February 2017

    Training

    Block professional courses on legal areas, technique and business

  3. May 2017

    LIVE consortium

    Creation of the Consortium between 8 Companies

  4. October 2017

    PoC Development

    Applicability of blockchain to PML

    Creation of blockchain technological basis

    Initial contact

  5. May 2018

    MVP

    Complete application for PML

    Blockchain infrastructure

    Expertise in blockchain

  6. January 2019

    Production

    Digital Blockchain Identity application

qubist - plataforma de identidad digital

Digital Identity platform

Solution of the qubist consortium to verify the customer's identity faster and more securely.

Currently, when registering a new customer with a financial institution, we are challenged by a complex identification process that requires us to gather various documents to prove the identity and the activity of the customer (ID card, salary, invoices, etc.). This process is repeated at all banks, duplicating efforts and generating inefficiency.

When applying for products at a bank, the user will not have to provide any documentation if they have previously been a customer at one of the associated banks and give their consent to the sharing of their information quickly and securely.

More info

How is digital identity shared securely?

qubist - plataforma de identidad digital
qubist - plataforma de identidad digital
qubist - plataforma de identidad digital

Contact the consortium

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