Establishing the second cohort of the European Blockchain Sandbox has been an eventful, thorough, and inspiring process. From an intensive applications period, which saw great interest from across the EU/EEA, to a rigorous selection process and matching of use cases with relevant regulators/authorities, the Project team worked hard to ensure the Sandbox was populated with innovative use cases with a broad range of relevant regulatory topics, able to generate best practices to benefit the broader Blockchain community.
Having the opportunity to witness such wide-ranging innovations in the Blockchain space across the EU/EEA has been extremely encouraging, and we would like to thank all those who took the time to apply for the second cohort of the European Blockchain Sandbox.
We are now delighted to announce the use cases which have been selected for the second cohort of the European Blockchain Sandbox
One use case of the European Blockchain Services Infrastructure has been approved by the EBP for participation in the lot for public entities, and 19 additional use cases were selected in accordance with a carefully curated selection process. The selected use cases span all EU/EEA regions and represent a wide range of industry sectors and regulatory topics. We are pleased to share with you these use cases (where applicable with their consortium partners) below:
- PROSPEH, poslovne storitve in digitalne rešitve, d.o.o.
- Infineon Technologies AG
- NYALA Digital Asset AG
- Circularise B.V.
- IOTA Stiftung
- EastNets Europe S.A.
- Stichting 2Tokens
- Brickken PFP, S.L.
- Axiologic Research
- ReLOG3P SRL
- PlanDail Ltd, Operating as Trrue Ltd
- Doxychain
- VERAG Spedition AG
- REClosure
- Kunveno Teknologos
- IoT Nederland BV
- HACEN OÜ
- DigiShares A/S
- Konnecta Systems IKE
- EBSI Verifiable Credentials Use Case
Please note that the full list of use-case descriptions can be found in the annex below for your information.
The matching process for this first group of 20 use cases is nearing completion and the confidential regulatory dialogues are about to begin. At the conclusion of these dialogues, a best practices report will be published.
Congratulations to all the selected use cases and welcome to the Sandbox. Please be advised that eligible use cases who have not been selected for the 2024 cohort, or use cases who have not had the opportunity to apply, are welcome to apply for the third cohort, in early 2025.
Use case | Description |
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PROSPEH, poslovne storitve in digitalne rešitve, d.o.o. | OriginTrail is an ecosystem building a Verifiable Internet for AI, providing an inclusive framework that tackles the world's challenges in the AI era, such as hallucinations, The OriginTrail DKG is an open, permissionless decentralized network of knowledge graph nodes integrated with multiple blockchains, such as Ethereum, Polygon, Gnosis Using the Decentralized Retrieval-Augmented Generation (dRAG) framework, OriginTrail enhances AI models with verified information from decentralized sources, OriginTrail is used by global leaders like the British Standards Institution, Swiss Federal Railways, Supplier Compliance Audit Network (SCAN), representing over 40% |
Infineon Technologies AG | Infineon proposes a solution to the blockchain's 'oracle problem' in providing trustworthy data feeds from IoT edge devices, such as sensor nodes. Problem background
High level approach
Result Ultimately, relying parties can verify that edge device identities are authentic and that data has not been manipulated during either edge processing or transmission. In addition, relying parties may examine smart-contract based audit policies and source code deployed to edge devices. In result, applications based on new standards such as the digital twin (ISO) and the asset administration shell (IEC), as well as new EU regulations like eIDAS-2 and the digital product passport (ESPR), may consume a data feed that can be verified for its trustworthiness. |
NYALA Digital Asset AG | NYALA Digital Asset AG operates a Digital Asset Platform, which serves as an infrastructure layer for the issuance, registration, and custody of tokenized securities. With our regulated subsidiary, a crypto-securities registrar, we have repeatedly issued tokenized financial instruments over the past 18 months and have realized the first tokenized As one driver to solve the funding gap in the EU, with a focus on SME financing and renewables projects, we are now shaping our digital asset ecosystems into one holistic Our vision for the secondary market is to integrate the entire securities value chain within a single unit and to facilitate seamless trading and settlement processes. For this we partner with an existing MTF to conduct trading off-chain and serve as the settlement infrastructure on-chain. To enable DVP and automated dividend payments, we are |