WP4: Driving digital innovations with Blockchain applications

Research • Lead: 6-ASE • M4–M48 • 300 PM

WP 4 is led by ASE and supported by all partners. The work is divided into the following tasks.

Objectives

  1. The WP will focus on driving forward digital innovations through increased adoption of the blockchain technology.
  2. O 4.1. To answer the main research questions on solving blockchain deployment hurdles for financial applications.
  3. O 4.2. To demonstrate the proposed risk index, fraud detection system and guidelines for a supervisory approach to machine learning for digital finance (WWU, RAI, ROY).
  4. O 4.3. To disseminate the knowledge, validated by an international research centre (FRA and ARC) or ECB.

Tasks (6)

TaskNameDescription
T4.1Technical coordinationMonitoring the related IRPs, store the output generated in a location accessible to the entire network
T4.2Research trainingSupport the research training for all assigned DCs and contribute to advanced training content
T4.3Crypto risk indexDevelop a risk index for cryptos to measure dependencies and spillover effects in tail risk events in the crypto universe
T4.4Fraud detection prototypePropose a fraud detection system for financial networks with dynamic AI learning models
T4.5Supervisory guidelinesPropose guidelines for a supervisory approach to machine learning for digital finance
T4.6DisseminationDisseminate, communicate and exploit the results (Conferences, OS Day, policy paper, two prototypes, use case, media coverage)

Doctoral Candidates (3)

DC3: Machine learning in digital finance

Host: UTW • PhD: UTW

DC5: Fraud detection in financial networks

Host: WWU • PhD: WWU

DC7: Risk index for cryptos

Host: POZ • PhD: POZ

Deliverables (3)

CodeNameTypeDiss.DueDescription
D4.1White paper on crypto indicesRSENM24White paper on the construction and the risks involved in crypto indices
D4.2Policy report on fraud detectionRSENM48Policy report on fraud detection methods in blockchains and time-series
D4.3Guidelines for a supervisory approach to machine learningOTHERSENM48Guidelines for a supervisory approach to machine learning for digital finance

Effort Breakdown

ParticipantPerson-Months
1-UTW54
2-WWU54
4-UNA6
5-KUT6
6-ASE96
7-BBU6
8-CAR6
9-RAI6
10-SWE6
13-ROY6
14-BFH6
15-ARC6
16-EIT6
17-FRA6
18-ECB6
19-POZ6
20-DBA6
21-UKL6
22-BIS6
Total300