DiFacturo SIGNED
The Unique International Independent Decentralized Invoice Network
Total Cost €
0EC-Contrib. €
0Partnership
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0DiFacturo project word cloud
Explore the words cloud of the DiFacturo project. It provides you a very rough idea of what is the project "DiFacturo" about.
Project "DiFacturo" data sheet
The following table provides information about the project.
| Coordinator |
DIFACTURO GMBH
Organization address contact info |
| Coordinator Country | Austria [AT] |
| 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 | 2019 |
| Duration (year-month-day) | from 2019-12-01 to 2020-03-31 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | DIFACTURO GMBH | AT (GLEISDORF) | coordinator | 50˙000.00 |
Map
Project objective
Difacturo is a fresh start-up company founded in August 2018 with the vision of creating a technological revolutionary network to a market, e-invoice, which requires nonstop developing solutions. Paper invoices imply an opaque process causing bottlenecks and leading to high expenses. Replacing the physical paper form with a digital one (e-invoice) offers faster retrieval of money, easier processing, lower costs and improved productivity. However, e-invoices are not the mainstream option in Europe yet since current centralized technologies constitutes a costly entry obstacle for most of the European SME. Besides, other issues derive such as a high risk of total failure as well as complicate auditDifacturo is a fresh start-up company founded in August 2018 with the vision of creating a technological revolutionary network to a market, e-invoice, which requires nonstop developing solutions. Paper invoices imply an opaque process causing bottlenecks and leading to high expenses. Replacing the physical paper form with a digital one (e-invoice) offers faster retrieval of money, easier processing, lower costs and improved productivity. However, e-invoices are not the mainstream option in Europe yet since current centralized technologies constitutes a costly entry obstacle for most of the European SME. Besides, other issues derive such as a high risk of total failure as well as complicate audit trail.
We offer the first blockchain-based invoice network, a truly independent, decentralized and global system to deliver and receive invoices in a secure, quick and audit-proof cryptographic format across all national borders and companies’ sizes. Our solution abolishes the need of a third-party validation, is accessible to tax authorities, achieves savings of up to 90% of paper format standards with a remarkable speed ≥1000 transaction per seconds and allows other companies to write their own applications. Thus, it will become the key tool to introduce e-invoicing transversally.
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The information about "DIFACTURO" are provided by the European Opendata Portal: CORDIS opendata.