Opendata, web and dolomites

EyeCode

A frictionless two-factor authentication software for secure transactions

Total Cost €

0

EC-Contrib. €

0

Partnership

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 EyeCode project word cloud

Explore the words cloud of the EyeCode project. It provides you a very rough idea of what is the project "EyeCode" about.

hardware    convenience    proof    cryptography    pin    deployable    secure    code    app    solution    billion    immune    token    engineering    erodes    cryptographic    rely    validation    retinal    run    hackers    certification    eyecode    technologies    virtual    financial    crying    fintechs    protect    crime    made    receive    skeyecode    carry    480    too    mobile    breakthrough    leverages    french    actions    tests    commercialisation    america    attacks    receiving    software    around    security    strategy    market    stakes    service    independent    offers    customer    ownership    transaction    single    countries    escalating    worldwide    cyber    device    threat    banks    photography    chip    either    nsa    solutions    regulation    transactions    ed    credibility    regions    easily    concluded    anssi    obtain    north    boost    trillion    stolen    2016    smartphone    equivalent    instead    online    profile    sms    penetration    bank    customers       validate    contracts    authentication    gdp    phone   

Project "EyeCode" data sheet

The following table provides information about the project.

Coordinator
SKEYECODE 

Organization address
address: RUE DE L'ABBE GROULT 115
city: PARIS
postcode: 75015
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country France [FR]
 Project website http://www.skeyecode.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SKEYECODE FR (PARIS) coordinator 50˙000.00

Map

 Project objective

Around €1 trillion in mobile financial transactions were made in 2016, and up to €480 billion resulted to be stolen by hackers. Online crime is estimated at 0.8% of worldwide GDP, with developed countries in regions including Europe and North America being the most affected. Eyecode is a two-factor authentication solution offering secure transaction validation. It leverages two breakthrough cryptography technologies – immune code execution and cryptographic retinal photography – to protect banks/FinTechs and their customers against the escalating threat of cyber-attacks. Instead of receiving an SMS from their bank, users will receive a virtual token via an app on their phone – which they use to validate a transaction. The service offers equivalent security to “chip and pin” hardware solutions – with single device convenience. The easily deployable, cost effective solution doesn’t rely on smartphone hardware either, which increasingly erodes banks’ customer ownership. Given the stakes and high profile attacks, banks are crying out for secure solutions. In Europe, this is regulation-driven too. In Phase 1 Skeyecode will validate market potential, commercialisation strategy and planned software engineering scale-up actions. The Phase 2 project will be used to run independent penetration tests, to boost credibility; to obtain certification from ANSSI (the French NSA); and to carry out the development required to service proof of concept contracts currently being concluded with large French banks.

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The information about "EYECODE" are provided by the European Opendata Portal: CORDIS opendata.

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